This page shows the geographical breakdown of oil production around the world and the potential sources of supply increase. The chart on the U.S. oil rig and inventory on the left shows that crude oil inventory is running low in the U.S. but there has yet to be a corresponding increase in investment in new oil rigs. The chart on the right provides a country breakdown of global crude oil production. With the Russia-Ukraine conflict continuing to play out, we expect the proportion of oil production from Russia to gradually decrease and shift to other regions.