Crude oil rich countries in the world

Home Data / Graphs OPEC Oil Reserves OPEC Share of World Crude Oil Reserves. According to current estimates, 79.4% of the world's proven oil reserves are located in OPEC Member Countries, with the bulk of OPEC oil reserves in the Middle East, amounting to 64.5% of the OPEC total. Venezuela is a surprise country that has suddenly become a nation with largest proven reserves. Then there are countries like Russia, Iran and Saudi Arabia where the production and proven reserves of oil have also increased. Nigeria (37 Billion Barrels) Nigeria produced more than 2.4 million barrels of oil per day in 2014 to rank as the 13th-largest oil producer in the world. The country has produced between 2.1 million and about 2.6 million barrels per day for the last 18 years.

This is a list of countries by oil production, as compiled from the U.S. Energy Information Under this definition, total world oil production in 2019 averaged 80,622,000 barrels per day. declines at different times in the past, but since 2014 all three have been producing near their peak rates of 9 to 11 million barrels per day. A map of world oil reserves according to OPEC, January 2014. This is a list of countries by proven oil reserves. Proven reserves are those quantities of  11 Oct 2019 The United States is the top oil-producing country in the world, with an average of 17.87 million b/d, which accounts for 18% of the world's  22 May 2019 Along with the U.S. and Saudi Arabia, Russia is one of only three countries in the world producing more than 10 million barrels of oil per day. Country, Million barrels per day, Share of world total. United States, 17.94, 18%. Saudi Arabia, 12.42, 12%. Russia, 11.40, 11%. Canada, 5.38, 5%. China, 4.81 According to current estimates, 79.4% of the world's proven oil reserves are located in OPEC Member Countries, with the bulk of OPEC oil reserves in the Middle  17 Feb 2020 With a rough estimate of 12,108,000 BPD of oil, the United States has been a top oil producing country for years upon years. It makes sense, too, 

Saudi Arabia · Saudi Arabia has the second largest proven oil reserves in the world—some 268 billion barrels, approximately 16 percent of the world's proven  

Country, Million barrels per day, Share of world total. United States, 17.94, 18%. Saudi Arabia, 12.42, 12%. Russia, 11.40, 11%. Canada, 5.38, 5%. China, 4.81 According to current estimates, 79.4% of the world's proven oil reserves are located in OPEC Member Countries, with the bulk of OPEC oil reserves in the Middle  17 Feb 2020 With a rough estimate of 12,108,000 BPD of oil, the United States has been a top oil producing country for years upon years. It makes sense, too,  Saudi Arabia · Saudi Arabia has the second largest proven oil reserves in the world—some 268 billion barrels, approximately 16 percent of the world's proven   17 Jun 2019 Of the top 10 oil-producing countries, China is the world's most populous country and has a rapidly growing economy, factors that have driven its  27 Feb 2020 Venezuela leads with the highest distribution of global oil reserves, at approximately 17.5 percent in 2018, followed closely by Saudi Arabia.

The United States, China, and India are the top consumers of oil products in the world with a share of world’s total of 20%, 13%, and 4% respectively. Oil includes crude oil, all other petroleum liquids, and biofuels. Let’s have a look at full list of top oil producing countries in the world below.

18 Sep 2019 Drone attacks at Saudi Arabian oil facilities have hit half of the country's production capability. The attacks have thrown the world's energy  Norway is an important supplier of oil and gas to the global market, and The US was the largest oil producer in 2018, followed by Saudi Arabia and Russia.

By 1927, the United States is the most motorized country in the world, with one With the onset of World War I, oil becomes vital for modern warfare, fueling ships, U.S. oil-producing states voluntarily continue it and prices begin to recover.

According to current estimates, 79.4% of the world's proven oil reserves are located in OPEC Member Countries, with the bulk of OPEC oil reserves in the Middle  17 Feb 2020 With a rough estimate of 12,108,000 BPD of oil, the United States has been a top oil producing country for years upon years. It makes sense, too,  Saudi Arabia · Saudi Arabia has the second largest proven oil reserves in the world—some 268 billion barrels, approximately 16 percent of the world's proven   17 Jun 2019 Of the top 10 oil-producing countries, China is the world's most populous country and has a rapidly growing economy, factors that have driven its 

Norway is an important supplier of oil and gas to the global market, and The US was the largest oil producer in 2018, followed by Saudi Arabia and Russia.

Country, Million barrels per day, Share of world total. United States, 17.94, 18%. Saudi Arabia, 12.42, 12%. Russia, 11.40, 11%. Canada, 5.38, 5%. China, 4.81 According to current estimates, 79.4% of the world's proven oil reserves are located in OPEC Member Countries, with the bulk of OPEC oil reserves in the Middle  17 Feb 2020 With a rough estimate of 12,108,000 BPD of oil, the United States has been a top oil producing country for years upon years. It makes sense, too,  Saudi Arabia · Saudi Arabia has the second largest proven oil reserves in the world—some 268 billion barrels, approximately 16 percent of the world's proven   17 Jun 2019 Of the top 10 oil-producing countries, China is the world's most populous country and has a rapidly growing economy, factors that have driven its  27 Feb 2020 Venezuela leads with the highest distribution of global oil reserves, at approximately 17.5 percent in 2018, followed closely by Saudi Arabia.

Global crude oil production rose (+2%) driven by explosive growth in the United reserves grew, causing the largest ever annual increase by a single country.