What 5 countries produce the most oil?

What 5 countries produce the most oil?

According to the most recent data, the top five oil-producing nations are the United States, Saudi Arabia, Russia, Canada, and China.

What country produces the most oil in 2010?

Saudi Arabia
In 2010, Saudi Arabia ranked as the world’s top oil producer. The United States, meanwhile, has the dubious honor of being the biggest consumer.

What countries produce the most barrels of oil in 2012?

Iran was the fourth largest producer of petroleum with about 4 million barrels per day. The United States’ neighbors Canada and Mexico also ranked within the top 10 petroleum-producing countries….Supporting Information.

What were the top 5 countries in the class of oil reserves?

Top ten countries with the largest oil reserves in 2019

1. Venezuela – 304 billion barrels.
2. Saudi Arabia – 298 billion barrels.
3. Canada – 170 billion barrels.
4. Iran – 156 billion barrels.
5. Iraq – 145 billion barrels.
6. Russia – 107 billion barrels.
7. Kuwait – 102 billion barrels.
8. United Arab Emirates – 98 billion barrels.

What country used the most oil in 2011?

2.3 Petroleum production and consumption

Which region produced the most oil in 2011?

Top 5 Oil-Producing Countries In 2011

1. Russia. Russia is the single largest oil producing country in the world, with a production of about 10,124,000 barrels per day, according to statistics compiled by the U.S. Energy Information Administration.
2. Saudi Arabia.
3. The United States.
4. China.
5. Iran.

Is Saudi Arabia a member of OPEC?

The Organization of the Petroleum Exporting Countries (OPEC) was founded in Baghdad, Iraq, with the signing of an agreement in September 1960 by five countries namely Islamic Republic of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. This means that, currently, the Organization has a total of 13 Member Countries.

Where is the world’s largest oil reserve?

Venezuela
Oil Reserves by Country