Top Ten Crude oil Producers in the World
Under this definition, total world oil production in 2016 averaged 80,622,000 barrels per day. Approximately 68% came from the top ten countries, and an overlapping 44% came from the fourteen current OPEC members, highlighted with blue shading in the table below.
Russia Tops Saudi Arabia as Largest Oil Producer. Russia overtook Saudi Arabia as the world’s largest crude producer in December, when both countries started restricting supplies ahead of agreed cuts with other global producers to curb the worst glut in decades.
Under this definition, total world oil production in 2016 averaged 80,622,000 barrels per day. Approximately 68% came from the top ten countries, and an overlapping 44% came from the fourteen current OPEC members, highlighted with blue shading in the table below.
China incurred the highest deficit in the international trade of crude oil albeit at a slowing pace given the -26.5% drop in its crude oil deficit size since 2013. Still, the negative cashflow highlights China’s strong competitive disadvantage for this specific product category.
Under this definition, total world oil production in 2016 averaged 80,622,000 barrels per day. Approximately 68% came from the top ten countries, and an overlapping 44% came from the fourteen current OPEC members, highlighted with blue shading in the table below.
Under this definition, total world oil production in 2016 averaged 80,622,000 barrels per day. Approximately 68% came from the top ten countries, and an overlapping 44% came from the fourteen current OPEC members, highlighted with blue shading in the table below.
Under this definition, total world oil production in 2016 averaged 80,622,000 barrels per day. Approximately 68% came from the top ten countries, and an overlapping 44% came from the fourteen current OPEC members, highlighted with blue shading in the table below.
10. Kuwait – 2.75 million barrels per day. The ultimate prize in the First Gulf War, instigated by Iraqi dictator Saddam Hussein in 1990, Kuwait’s oil fields are currently producing over 3% of global production.
The United Arab Emirates comprises Abu ... The ADNOCled consortia continue to keep the UAE near the top of the list of the world’s largest crude oil producers, ...
Under this definition, total world oil production in 2016 averaged 80,622,000 barrels per day. Approximately 68% came from the top ten countries, and an overlapping 44% came from the fourteen current OPEC members, highlighted with blue shading in the table below.
This is a list of countries by oil production, ... The volumes in the table represent crude oil and lease condensate, ... total world oil production in 2016 averaged ...