Key Market Indicators
Uzbek crude oil production is set to drop 14.6% annually, from 1.49 million tonnes of oil equivalent in 2021 to 619,000 tonnes by 2026. Since 1995, Uzbekistan has seen a 9.4% year-on-year decline in supply. In 2021, it was the 50th largest producer, overtaken by Ivory Coast. Saudi Arabia, the United States and Iraq were the top three producers.
