In what year did Libya become the 6th largest exporter of oil in the world?

In what year did Libya become the 6th largest exporter of oil in the world?

• A. 1955
• B. 1965
• C. 1970
• D. 1980

Answer: (B)

This question is about how a country's oil export rankings change as production grows. Libya began exporting more in the late 1950s and, as fields were developed and output increased through the early to mid-1960s, its share of world oil exports rose. By 1965, its export volume was large enough to place it sixth among the world’s oil exporters, reflecting that year’s production levels relative to other major producers. Earlier years didn’t have Libya at that scale, and later years with continued growth would typically push Libya higher in the ranking, so 1965 is the year that best fits being the sixth-largest exporter.

This question is about how a country's oil export rankings change as production grows. Libya began exporting more in the late 1950s and, as fields were developed and output increased through the early to mid-1960s, its share of world oil exports rose. By 1965, its export volume was large enough to place it sixth among the world’s oil exporters, reflecting that year’s production levels relative to other major producers. Earlier years didn’t have Libya at that scale, and later years with continued growth would typically push Libya higher in the ranking, so 1965 is the year that best fits being the sixth-largest exporter.