Crude oil remains a crucial global energy source, and its production is dominated by a number of key countries. Based on recent data, here are the world’s top crude oil producers ranked by daily output:
- United States – The leading global producer, with output exceeding 12 million barrels per day (bpd), driven by shale oil production.
- Saudi Arabia – Producing around 10–11 million bpd, Saudi Arabia is one of the largest exporters of crude oil and a key member of OPEC.
- Russia – With production around 9–10 million bpd, Russia remains a major energy supplier, especially to Europe and Asia.
- Canada – Producing over 4 million bpd, Canada has vast oil sands reserves, making it a significant oil exporter.
- China – With output of approximately 4 million bpd, China is both a major producer and one of the world’s largest oil consumers.
- Iraq – Producing around 4 million bpd, Iraq holds some of the world’s largest proven oil reserves.
- United Arab Emirates (UAE) – With output around 3–4 million bpd, the UAE is a key OPEC member
- Brazil – Producing over 3 million bpd, Brazil is the largest oil producer in South America, thanks to offshore deepwater fields.
- Iran – Output varies due to sanctions, but typically around 2.5–3 million bpd.
- Kuwait – Produces about 2.5–3 million bpd, with high export volumes.