Saudi Arabia initially reduced its production by 3.1 million barrels per day (b/d) as part of the OPEC+ agreement that began in April 2020.5 Saudi Arabia has increased production each month since February 2021, and, by October 2021, their production returned to an estimated 9.8 million b/d, similar to the level at the beginning of 2020.
Which country produces the most rapeseed oil in the world?
The European Union was the leading producer of rapeseed worldwide with a production volume of 20 million metric tons in that year. The global production of rapeseed oil reached 33.4 million metric tons in 2023/2024. Get notified via email when this statistic is updated.
What is the global production of rapeseed oil?
The global production of rapeseed oil reached 33.4 million metric tons in 2023/2024. Get notified via email when this statistic is updated. * For commercial use only
How much oil did Saudi Arabia export in 2020?
Saudi Arabia exported an estimated 6.6 million b/d of crude oil in 2020, down nearly 300,000 b/d from 2019, according to Global Trade Tracker (GTT). A 570,000 b/d decline in petroleum production combined with a decline in global demand caused exports to drop in 2020.21