Who is the largest crude oil producer in the world?
Who is the largest crude oil producer in the world?
United States
What countries are the top producers and consumers of oil?
| Country | Million barrels per day | Share of world total |
|---|---|---|
| United States | 18.60 | 20% |
| Saudi Arabia | 10.82 | 11% |
| Russia | 10.50 | 11% |
| Canada | 5.26 | 6% |
Which country is the largest producer of crude oil in the world in 2020?
Under this definition, total world oil production in 2020 averaged 76,124,800 barrels per day….List of countries by oil production.
| Country | Oil production 2020 (bbl/day) | Oil production per capita 2017 (bbl/day/million people) |
|---|---|---|
| United States | 11,307,560 | 35,922 |
| Russia | 9,865,495 | 73,292 |
| Saudi Arabia (OPEC) | 9,264,921 | 324,866 |
| Canada | 4,201,101 | 100,931 |
Who is the largest oil consumer in the world?
Oil Consumption by Country
| # | Country | Daily Oil Consumption (barrels) |
|---|---|---|
| 1 | United States | 19,687,287 |
| 2 | China | 12,791,553 |
| 3 | India | 4,443,000 |
| 4 | Japan | 4,012,877 |
Which country has the best crude oil in the world?
The best crude oil in the world is found in Malaysia. “Tapis, the Malaysian crude benchmark traded in Singapore, has for a long time held the title of the world’s most expensive grade.
Which countries has the most oil?
Oil Reserves by Country
| # | Country | World Share |
|---|---|---|
| 1 | Venezuela | 18.2% |
| 2 | Saudi Arabia | 16.2% |
| 3 | Canada | 10.4% |
| 4 | Iran | 9.5% |
Which country is the leading exporter of crude oil?
Saudi Arabia is the top country by exports of crude oil in the world. As of November 2020, exports of crude oil in Saudi Arabia was 6,354 thousand barrels per day. The top 5 countries also includes Iraq, Canada, the United States of America, and Norway.
What countries are the top producers and consumers of oil?
The United States, Russia, and Saudi Arabia still remain the top three highest oil-producing countries in the world according to the latest report by The U.S. Energy Information Administration ( EIA ). 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.
What state has the most oil production?
According to the EIA , the United States surpassed Russia and Saudi Arabia to become the world’s largest crude oil producer in 2018. Texas, North Dakota, New Mexico, Oklahoma, and Alaska are the top oil-producing US states.
Who are the top ten oil producers in the world?
Here are the world top ten oil producers according to the US Energy Information Administration (EIA) in 2017: USA – 15.6 Million barrels of oil per day Saudi Arabia – 12.1 Million BOPD Russia – 11.2 Million BOPD Canada – 5.0 Million BOPD China – 4.8 Million BOPD Iran – 4.7 Million BOPD Iraq – 4.5 Million BOPD UAE – 3.7 Million BOPD