OIL & YOUR COUNTRY

Brent rose $15.40 over the past month (to $94.76 · 2026-09-02). Below: what that move does to each country's oil bill — net position × the move, exact arithmetic, nothing modeled.

YOUR COUNTRY United States — net exporter of 3,001.8 kb/d · this move puts +$46.2M/day on its oil revenue → see the full page

PAYING MORElargest net importers

China 11,036.2 kb/d +$170.0M/day India 4,660.2 kb/d +$71.8M/day Japan 2,968.6 kb/d +$45.7M/day South Korea 2,326.4 kb/d +$35.8M/day Germany 1,858.5 kb/d +$28.6M/day Singapore 1,461.8 kb/d +$22.5M/day France 1,395.1 kb/d +$21.5M/day Spain 1,256.9 kb/d +$19.4M/day Italy 1,069.4 kb/d +$16.5M/day Turkey 1,008.9 kb/d +$15.5M/day Thailand 979.2 kb/d +$15.1M/day Taiwan 868.6 kb/d +$13.4M/day

EARNING MORElargest net exporters

Saudi Arabia 7,176.9 kb/d +$110.5M/day Russia 6,731.4 kb/d +$103.7M/day Canada 3,780.1 kb/d +$58.2M/day Iraq 3,502.7 kb/d +$53.9M/day United Arab Emirates 3,362.9 kb/d +$51.8M/day United States 3,001.8 kb/d +$46.2M/day Iran 2,627.8 kb/d +$40.5M/day Kuwait 2,332.6 kb/d +$35.9M/day Norway 1,812.9 kb/d +$27.9M/day Qatar 1,576.1 kb/d +$24.3M/day Kazakhstan 1,490.9 kb/d +$23.0M/day Nigeria 1,069.8 kb/d +$16.5M/day

METHOD Net position = consumption − production, total petroleum and other liquids, 2024 annual (derived from U.S. EIA International Energy Statistics). Impact = net position × the Brent move; rank order is driven by net-position size, which is stable — only the sign and magnitude of the move change month to month. First-order border-price exposure: the country's net oil position re-priced at the Brent move, nothing else. It is not a realized import bill or fiscal forecast — it excludes term-contract lags, benchmark differentials (Dubai/Oman, WTI), hedging, product mix, and subsidies. An exact answer to one defined question.