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Economics
Welcome to Trendlines, where we explore issues shaping the world and their impacts on Canada. Our economics section dives into shifting economic trends from global trade and critical supply chains to inflation and industrial production. This section analyzes global, regional, and national data to highlight economic trends and their effects on the world.
Which countries produce the most oil?
In 2024, 50 nations produced at least 19,000 barrels of oil daily. The top five oil producers accounted for just over half of the oil produced that year, with the largest share coming from the United States.