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Jan 25, 2024 · It produces more than 1.47 million barrels of oil per day and ranks among the top 15 countries that produce the most oil in the world. Algeria is also a major producer of gas. 14.
- Top 30 Oil Producing Countries in 2023 - Yahoo Finance
Brazil has the largest recoverable ultra-deep oil reserves...
- 15 Countries with the Largest Proven Oil Reserves in the World
Despite its huge oil reserves, China was the in 2022,...
- Top 30 Oil Producing Countries in 2023 - Yahoo Finance
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- United States. Production: 20,213,000 bpd. Number one on this list of the top 10 oil-producing countries is the US. Its output increased by 1,232,000 bpd from its 2021 level to reach 20,213,000 bpd in 2022.
- Saudi Arabia. Production: 12,144,000 bpd. Saudi Arabia’s oil output came in at 12,144,000 bpd in 2022. The country possesses 17 percent of the world’s proven petroleum reserves and is the largest petroleum exporter.
- Russia. Production: 10,938,000 bpd. Prior to production cuts in 2020, Russian oil output had spent a number of years rising; it came in at 10,938,000 bpd in 2022.
- Canada. Production: 5,694,000 bpd. Next on this list of the top 10 oil-producing nations is Canada. The country’s annual oil production rose to 5,694,000 bpd in 2022, up from 2021’s output amount of 5,537,000 bpd.
Map of countries with proven oil reserves - according to U.S. EIA (start of 2017) Trends in proven oil reserves in top five countries, 1980–2013 (data from US Energy Information Administration) A map of world oil reserves according to OPEC, January 2014
Sep 28, 2023 · Kuwait holds approximately 8% of the world's known oil reserves. Image credit Wirestock Creators via Shutterstock. The last country on this list with proven crude oil reserves of over 100 billion barrels, Kuwait holds approximately 8% of the world’s known oil reserves. The majority of this is in the Burgan field which is the second-largest ...
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May 22, 2019 · The United States also produces an average of 13.1 million barrels per day, the most of any country in the world and equal to 14.1% of daily global oil production.
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