Second Largest Oil Producing Country – Saudi Arabia
As the largest producer within the Organization of the Petroleum Exporting Countries (OPEC), Saudi Arabia, accounting for about 13% of global supply, boasts extensive reserves and a robust infrastructure for oil extraction. The kingdom’s strategic importance in the global energy market is underscored by its ability to influence oil prices and stabilise global supply.
Top 10 Largest Oil Producing Countries in the World
World biggest oil producing country: The top 10 oil producing countries in the world are the United States, Saudi Arabia, Russia, Canada, Iraq, China, Brazil, the UAE, Iran, and Kuwait. The U.S.A. is the world’s largest producer of oil, with a production capacity of around 12,900,000 bbl per day. After the U.S., Saudi Arabia and Russia stand as the second and third largest oil-producing nations, with production capacities of 3,250,000 and 3,140,000 bbl per day, respectively.
This article will provide you insights into the top 10 largest oil producing countries in the World that play a pivotal role in shaping the global energy landscape.
Table of Content
- About Top 10 Oil-producing Countries
- World Biggest Oil Producing Country
- Largest Oil-Producing Country In The World – United States
- Second Largest Oil Producing Country – Saudi Arabia
- Third Largest Oil Producing Country – Russia
- Fourth Largest Oil Producing Country – Canada
- Fifth Largest Oil Producing Country – China
- Sixth Largest Oil Producing Country – Iraq
- Seventh Largest Oil Producing Country – United Arab Emirates (UAE)
- Eighth Largest Oil Producing Country – Brazil
- Ninth Largest Oil Producing Country – Iran
- Tenth Largest Oil Producing Country – Kuwait