The United States has surpassed Saudi Arabia as the world’s biggest oil producer in 2014.
According to BP Plc’s Statistical Review of World Energy, in 2014, US has produced 15.9 percent more oil at 11.6 million barrels of oil per day and surpasses Saudi Arabia’s 11.5 million bpd production.
Russia was placed third with 10.8 million bpd oil production.
While India has recorded the highest growth in energy consumption.
BP said the US shale revolution helped it overtake “Saudi Arabia as the world’s biggest oil producer and surpass Russia as the world’s largest producer of oil and gas.”
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