The U.S. led world oil production and consumption yet again last year, according to data compiled by Anadolu Agency from British Petroleum's (BP) Statistical Review of World Energy 2018 report.
With recovering crude oil prices last year, total oil production in the U.S. rose 5.6 percent from the year before and increased to average 13.06 million barrels per day (mbpd) in 2017, according to the report.
This placed the U.S. on top of global oil production for the fourth consecutive year in 2017.
As Saudi Arabia and Russia began trimming their output levels in January 2017 to lower the glut of supply in the global oil market, both countries saw decline in their production levels last year.
Saudi Arabia's total oil production fell 3.6 percent from the previous year to average 11.95 million barrels in 2017, according to the report. This placed the country in second place for oil production in the world last year.
Total oil production of Russia decreased 0.1 percent from 2016 to average 11.26 million barrels last year, ranking the country in third place in this respect.
- US consumed 20.2 of oil in 2017
While the U.S.' oil production represented 14.1 percent of global oil output last year, the country continued to be the top oil consumer in the world.
Oil consumption in the U.S. rose 1 percent from the previous year to 19.88 mbpd in 2017, the report said.
Thus, the country's share in global oil consumption last year was 20.2 percent, acccording to the report.
The U.S. has also been the top oil consumer since 1965 -- the year that BP oil data became available, according to data.
- Leader in gas production for nine years
In natural gas output, the U.S. has been a world leader since 2009 when it first surpassed Russia in gas production.
The U.S.' gas production rose 1 percent from the year before to 734.5 billion cubic meters in 2017, according to the report. This represented 20 percent of global gas output last year.
While Russia came in second place last year with a total of 635.6 billion cubic meters of gas production, Iran was third with 223.9 billion cubic meters.
The U.S. has also been a world leader in gas consumption since 1985 -- the year BP gas data was first released.
The country's gas consumption in world share was 20.1 percent last year.
The U.S.' natural gas consumption fell 1.2 percent from the previous year to average 739.5 billion cubic meters in 2017.
By Ovunc Kutlu in New York
Anadolu Agency
energy@aa.com.tr