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  2. List of countries by oil production - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_oil...

    Top 5 oil-producing countries 1980–2022 World oil production This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.

  3. Oil by country - Wikipedia

    en.wikipedia.org/wiki/Oil_by_country

    By default countries are ranked by their total proven oil reserves. Note that data related to one parameter may be more up to date than data related to some other. See also separate lists and their source pages: List of countries by proven oil reserves [1] List of countries by oil production [2] List of countries by oil consumption [3]

  4. Petrocurrency - Wikipedia

    en.wikipedia.org/wiki/Petrocurrency

    As the world's dominant reserve currency, the United States dollar has been a major currency for trading oil. [10] [11] In August 2018, Venezuela joined the group of countries that allow their oil to be purchased in currencies other than US dollars, thus allowing purchases in Euros, Yuan and other directly convertible currencies. [3]

  5. List of countries by proven oil reserves - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    (The data below does not seem to include shale oil and other unconventional sources of oil such as tar sands. For instance, North America has over 3 trillion barrels of shale oil reserves, [ citation needed ] and the majority of oil produced in the US is from shale, leading to the paradoxical data below that the US will finish all its oil at ...

  6. Energy in Europe - Wikipedia

    en.wikipedia.org/wiki/Energy_in_Europe

    Oil sources for the European Union with tendency forecast. Oil is one of the largest primary energy sources in Europe. It is mostly used for transportation and heating. Oil production is relatively low in Europe, with significant production only in the North Sea. Most of Europe's oil comes from imports (about 90% for the EU28).

  7. Inflation hits 9.1% in countries using euro currency - AOL

    www.aol.com/news/inflation-hits-9-1-countries...

    Inflation in the European countries using the euro currency hit another record in August, fueled by soaring energy prices mainly driven by Russia’s war in Ukraine. Annual inflation in the ...

  8. European oil giants step back from renewables path - AOL

    www.aol.com/news/european-oil-giants-step-back...

    The company has scaled back low-carbon operations, including floating offshore wind and hydrogen projects, retreated from European and Chinese power markets, sold refineries and weakened a 2030 ...

  9. Economy of the European Union - Wikipedia

    en.wikipedia.org/wiki/Economy_of_the_European_Union

    The euro is the second-largest reserve currency in the world. Beginning in the year 1999 with some EU member states, now 20 out of 27 EU states use the euro as official currency in a currency union. The remaining 7 states continue to use their own currency with the possibility to join the euro later. The euro is the most widely used currency in ...