Country Comparison > Oil - production > TOP 10

RankCountryOil - production (bbl/day)
1Saudi Arabia11,730,000
2United States11,110,000
3Russia10,440,000
4China4,197,000
5Canada3,856,000
6Iran3,594,000
7United Arab Emirates3,213,000
8Iraq2,979,000
9Mexico2,936,000
10Kuwait2,797,000

Definition: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.

Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2014

See also: Oil - production map

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China's Oil Production Peaks, Increased Foreign Oil Dependency Is Next
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Russia is the world’s second-largest crude oil exporter, shipping $86.2 billion to countries outside of its borders in 2015. That’s good for 11.0% of all oil exports globally. Russia’s cost of production in 2015 was relatively low, at $17.30 per barrel.

The OPEC Oil Deal Is Coming… but Not When the Pundits Expect It
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Shale gas production drives world natural gas production growth
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Saudi energy minister tempers expectations for production freeze
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Members of the Organisation of Petroleum Exporting Countries (OPEC ... The kingdom, the world’s largest oil exporter, started to raise production from June to meet rising seasonal domestic demand as well as higher export requirements.

Sinopec Income Slips as Oil Crash Outweighs Refining (Correct)
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Iran Sets Condition Under Which It Would Join OPEC Oil Production Freeze
zerohedge.com - 8/26/2016 9:48:29 AM
In the past two weeks, Iran has rejoined the OPEC production ... oil minister Bijan Zanganeh made the most explicit statement on the topic, when he laid out the conditions under which Iran would be willing to "help other oil producers stabilize the world ...

Iraq Can Crush OPEC's Oil Freeze Believers
bloomberg.com - 8/28/2016 6:54:19 AM
This time both countries ... Iran's production has risen too. It's within a whisker of pre-sanction levels, as the chart below shows. Tehran had said that it wouldn't contemplate a freeze until recovering all that output. NOTE: Sanctions on oil exports ...

Iraq says still set on expanding oil output to gain market share
Reuters - 8/27/2016 1:11:54 AM
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Iran, Venezuela sign 6 cooperation deals
Press TV - 8/28/2016 8:48:51 AM
Venezuela and Iran agree to increase economic cooperation, signing agreements between the two countries’ central banks and announcing ... to persuade Iran into joining a Russian plan for oil production freeze on which they did not agree because of ...

Oil prices fall as hopes of production freeze fade
Business Recorder - 8/25/2016 5:20:39 PM
Oil prices rose more than 20 percent in the first three weeks of August on talk of a potential deal by oil exporters to freeze production levels to try to support prices. Members of the Organization of the Petroleum Exporting Countries will meet on the ...

Trump Will Liberate America’s World Leading Energy Producers
The American Spectator - 8/26/2016 12:22:59 AM
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Saudi energy minister: Oil market ‘moving in the right direction’
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Members of the Organization of Petroleum Exporting Countries (OPEC ... The kingdom, the world’s largest oil exporter, started to raise production from June to meet rising seasonal domestic demand as well as higher export requirements.

Market Currents: Further signs of life in the oil patch
Fuel Fix - 8/26/2016 2:49:08 PM
The North African nation of Chad exports the majority of its oil production, with an average ... Doba exports have made it to thirteen different countries across various different continents. The U.S. is the world’s largest consumer of oil, and is ...

This could put a cap on the rebound in oil prices
Yahoo Finance - 8/26/2016 11:35:52 AM
Asked about the possibility of an agreement on freezing production levels ... Iran's Oil Minister Bijan Namdar Zanganeh was quoted saying the country would help other oil producers stabilize the world market so long as fellow OPEC members recognize ...


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