Crude oil remains a cornerstone of the global energy economy, with a few key nations dominating production.
As of the most recent figures, the United States retains its position as the world’s largest crude oil producer, followed closely by Russia and Saudi Arabia.
Global Leaders in Oil Production
The United States tops the chart with an output of approximately 12.9 million barrels per day, underscoring its continued investment in shale oil and energy infrastructure.
Russia holds second place with 10.1 million barrels per day, despite facing international sanctions and export challenges due to geopolitical tensions.
Saudi Arabia, the largest producer in the Middle East and a leading member of OPEC, ranks third with 9.7 million barrels per day, benefiting from vast reserves and advanced extraction capabilities.
Other Major Producers
Canada ranks fourth, producing 4.6 million barrels per day, thanks to its vast oil sands and expanding pipeline infrastructure.
Iraq comes next at 4.3 million barrels per day, contributing significantly to OPEC’s total output.
China and Iran are next, producing 4.2 million and 3.6 million barrels per day respectively, playing key roles in Asia’s energy landscape.
Brazil and the United Arab Emirates (UAE) are tied with 3.4 million barrels per day each, with Brazil benefiting from offshore reserves and the UAE from its strategic positioning in the Gulf.
Kuwait completes the list with 2.6 million barrels per day, sustaining its role as a reliable oil supplier in the Middle East.
Table: Top 10 Crude Oil Producing Countries according to U.S. Energy Information Administration, International Enerav Statistics
| Rank | Country | Daily Production (Million Barrels) |
|---|---|---|
|
1 |
United States |
12.9M |
|
2 |
Russia |
10.1M |
|
3 |
Saudi Arabia |
9.7M |
|
4 |
Canada |
4.6M |
|
5 |
Iraq |
4.3M |
|
6 |
China |
4.2M |
|
7 |
Iran |
3.6M |
|
8 |
Brazil |
3.4M |
|
9 |
UAE |
3.4M |
|
10 |
Kuwait |
2.6M |
