Key Market Indicators
Israeli crude oil production is set to reach 160,000 tonnes of oil equivalent by 2026, an increase of 2.9% year on year. Since 1976, production in Israel has jumped by 2.4% year on year. In 2021, the country came in 72nd place, overtaken by Chile at 131,600 tonnes of oil equivalent. Saudi Arabia, the United States and Iraq were the top three producers, respectively.
