World Biggest Oil Producing Country

As nations strive for energy independence and economic growth, the competition for the denominations of top oil producers remains fierce. Here is a list of the top 10 largest oil producing countries put together from the U.S Energy Information Administration database 2023:

Country

Oil Production (bbl/day)

Highest oil producing country in the world

United States

12,900,000

Russia

3,140,000

Saudi Arabia

3,250,000

Canada

3,670,000

Iraq

4,016,664

China

4,340,000

Brazil

4,778,973

United Arab Emirates

9,060,000

Iran

9,480,000

Kuwait

2,590,000

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

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About Top 10 Oil-producing Countries

Oil-producing countries are nations that extract and export significant amounts of crude oil and petroleum products. These countries often play a crucial role in the global economy due to their abundant natural resources. Countries in the Middle East, such as Saudi Arabia, Iraq, Iran, Kuwait, and the United Arab Emirates, are major players in global oil production. The region holds the world’s largest proven oil reserves....

World Biggest Oil Producing Country

As nations strive for energy independence and economic growth, the competition for the denominations of top oil producers remains fierce. Here is a list of the top 10 largest oil producing countries put together from the U.S Energy Information Administration database 2023:...

Largest Oil-Producing Country In The World – United States

The United States has emerged as the global leader in the oil production industry, with a production capacity of 12,900,000 bbl per day. This accounted for nearly one-fifth of the world’s oil supply. Majorly, around three-fourths of the oil production in the U.S. is concentrated in five states: Texas, New Mexico, North Dakota, Alaska, and Colorado....

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....

Third Largest Oil Producing Country – Russia

Russia has long been a key player in the oil market, accounting for 10% of global output. The majority of Russia’s oil reserves are based in West Siberia, between the Ural Mountains and the Central Siberian Plateau, as well as in the Urals-Volga region, extending to the Caspian Sea....

Fourth Largest Oil Producing Country – Canada

Canada is renowned for its oil sands, an unconventional resource that has propelled the country into the ranks of top oil producers. 97% of the country’s oil reserves are in the form of oil sands....

Fifth Largest Oil Producing Country – China

As the world’s largest importer of oil, China’s domestic production has also surged in recent years. The Asian country’s growing energy needs drive continuous exploration and development efforts, securing its position as one of the leading oil producers globally....

Sixth Largest Oil Producing Country – Iraq

With vast proven oil reserves, Iraq is a key player in the Middle East’s oil-rich landscape. Despite facing geopolitical challenges, the country continues to invest in its oil sector, attracting international partnerships and striving to enhance production capabilities....

Seventh Largest Oil Producing Country – United Arab Emirates (UAE)

The UAE is an OPEC member and a major player in the global oil market. The country accounts for 5.6 percent of global total reserves, particularly in the emirate of Abu Dhabi. With significant reserves and advanced infrastructure, the country plays a vital role in both OPEC and non-OPEC discussions....

Eighth Largest Oil Producing Country – Brazil

Brazil has rapidly ascended the ranks of oil-producing nations, primarily due to its offshore pre-salt reserves. As per the U.S. Energy Information Administration, total primary energy consumption in Brazil has nearly doubled in the past ten years due to sustained economic growth. Investments in advanced drilling technologies have enabled Brazil to unlock vast resources, positioning itself as a major player in the global oil market....

Ninth Largest Oil Producing Country – Iran

Iran remains a notable player in global oil production despite facing international sanctions and regional disputes that have impacted its oil industry. Moreover, in 2021, China signed a 25-year trade and security agreement with Iran and called on the U.S. to withdraw its sanctions. The country boasts substantial conventional reserves and seeks to capitalise on its strategic location for oil transportation....

Tenth Largest Oil Producing Country – Kuwait

Last on the list of the top 10 oil-producing nations is Kuwait. With its significant oil reserves, the country is a key contributor to OPEC’s overall production. Kuwait’s oil and gas sector contributes about 60% of the country’s GDP. The country’s commitment to sustainable oil extraction and ongoing investments in infrastructure underline its enduring role in the global energy landscape....

Conclusion – Top 10 biggest oil producer countries of the world

The top 10 oil-producing countries of the world play a big role in providing the world with energy. These nations play a crucial role in meeting the world’s demand for oil, which is essential for various aspects of our daily lives, from fueling cars to powering industries. The top three nations—the United States, Saudi Arabia, and Russia—stand out as major contributors to global oil production. Their influence on the market impacts their economies and has widespread implications for the stability of energy prices worldwide....

FAQs on List of Countries by Oil Production

Who is the largest producer of oil in the world?...