In June 2022, Russia ranked second in the world in oil production. The first place was taken by the United States, the third – by Saudi Arabia.
Russia increased oil production in June to 10.667 million bpd, while Saudi Arabia produced 10.646 million bpd and the US produced 12.04 million bpd. According to Rosstat.
U.S. Energy Information Administration data earlier in the day showed U.S. commercial oil inventories (excluding the strategic reserve) fell by 3.3 million barrels, or 0.8%, to 421.7 million barrels by the end of last week. .
Source: TASS