The Organization of Petroleum Exporting Countries (OPEC) saw its market share shrink to 30% in July 2019, according to official OPEC data. This is the lowest monthly figure recorded in years and is 5% down from the all-time record high of 35% marked in 2012.
Posted by Jennifer Delay Iacullo
Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.
