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Who is the #1 oil producer in the world?

Who is the #1 oil producer in the world?

United States
Production includes domestic production of crude oil, all other petroleum liquids, biofuels, and refinery processing gain….What countries are the top producers and consumers of oil?

Country Million barrels per day Share of world total
United States 18.88 20%
Saudi Arabia 10.84 11%
Russia 10.78 11%
Canada 5.54 6%

Which country is the best oil producer?

Saudi Arabia and Russia also top the list of oil exporting countries….List of countries by oil production.

Country Oil production 2021 (bbl/day) Oil production per capita 2017 (bbl/day/million people)
United States 11,184,870 35,922
Russia 10,111,830 73,292
Saudi Arabia (OPEC) 9,313,145 324,866
Canada 4,459,455 100,931

Who was the number 1 producer of oil in 2020?

The United States
The United States produced the most oil in the world in 2020, at around 16 million barrels of oil per day on average. Saudi Arabia and Russia followed as the second and third largest producers, and also rank as the top two countries with highest oil exports.

What are the top 10 oil-producing nations?

Top 10 Oil-producing Countries (Updated 2022)

  1. United States. Production: 18,875,000 bpd.
  2. Saudi Arabia. Production: 10,835,000 bpd.
  3. Russia. Production: 10,778,000 bpd.
  4. Canada. Production: 5,558,000 bpd.
  5. China. Production: 4,993,000 bpd.
  6. Iraq. Production: 4,149,000 bpd.
  7. United Arab Emirates. Production: 3,786,000 bpd.
  8. Brazil.

Who has the most oil in the world 2021?

Venezuela has the largest amount of oil reserves in the world with more than 300 billion barrels in reserve….Here are the 10 countries with the most oil reserves:

  • Venezuela (303.8)
  • Saudi Arabia (297.5)
  • Canada (168.1)
  • Iran (157.8)
  • Iraq (145)
  • Russia (107.8)
  • Kuwait (101.5)
  • United Arab Emirates (97.8)

Who is the largest oil producer in 2021?

Top 10 Oil-Producing Countries (barrels per day):

Country Monthly Production Reference Month
United States 11,567,000 12/2021
Russia 10,503,000 11/2021
Saudi Arabia 10,225,000 02/2022
Canada 4,656,000 11/2021

Who produced the most oil in the world 2021?

The Kingdom of Saudi Arabia is often cited as the world’s largest oil producer. The country produces 13.24% of the oil consumed in the entire world daily. Saudi Arabia has the second-largest reserves of naturally occurring oil in the world after Venezuela.

Who produces the most oil 2022?

The United States The US also consumes more oil than any other country worldwide. In addition to being the world’s largest oil producer, the United States also imports upwards of 8 million barrels of oil per day.

Which oil companies are the most powerful the world?

Saudi Aramco. Saudi Aramco is the world’s largest oil company.

  • Sinopec. Sinopec is a state-owned Chinese oil company in Beijing.
  • China National Petroleum Corporation. The Corporation is a state-owned organization established in 1988 with headquarters in Beijing.
  • ExxonMobil. ExxonMobil is an American oil company with headquarters in Texas.
  • Who are the top five oil producers?

    Today, I want to cover the production and consumption in 2020 to 88.5 million BPD. The United States remains the world’s top oil consumer, averaging 17.2 million BPD in 2020.

    Who is the biggest producer of oil in the world?

    edible oil extraction, flour mills, rice husking factories, bakery and alcohol preparation draw their raw materials from agriculture. J&K is a major exporter of fruits, pulses and rice. It is the sixth largest producer of walnuts in the world and an

    What are the top 3 oil producing countries?

    United States. With a production rate of 15.3 million bpd,the US is the leading oil producer in the Americas.

  • Canada. Canada is the second-biggest producer of oil in the Americas,with a production rate of 5.2 million bpd.
  • Brazil.
  • Mexico.
  • Venezuela.