Key Market Indicators
Crude oil production in Burma is on track to reach 364,000 tonnes of oil equivalent by 2026, down 4.6% annually from 472,000 tonnes of oil equivalent in 2021. Since 1976, Burma's supply has declined 4.5% year on year. In 2021, it ranked 67th, with Croatia overtaking it at 472,000 tonnes of oil equivalent. Saudi Arabia, the United States and Iraq were the top three producers.
