The world's largest oil producers extract about 100 million barrels of mineral from the fields per day. Leading oil powers recognized Russia, Saudi Arabia and the United States. They provide the world market with 39% black gold.
TOP 10 entered countries leaders in oil production over the past year.
10. Venezuela | 2.5 million barrels per day
Venezuela opens the top ten largest global oil producers. The country's economy as a whole depends on sales of fossil raw materials. Venezuelan exports account for 96% of oil sales. The country produces about 2.5 million barrels per day. The global share of exported raw materials is 3.65%. Venezuela occupies the first position in world oil reserves: about 46 billion tons of raw materials are concentrated there.
9. UAE | 2.7 million barrels per day
UAE are among the top ten oil leaders. Their export share in the world market is 3.81%. The main deposits of useful raw materials are concentrated directly in the emirate of Abu Dhabi and make up 95%, the remaining 5% are in the emirates of Dubai and Sharjah. The country produces approximately 2.7 million barrels a day. The total oil reserves in the emirates totaled 13 billion tons of unused raw materials. The largest consumers of the product of the United Arab Emirates are Japan, Thailand, India, the Republic of Korea, Singapore and China.
8. Kuwait | 2.8 million barrels per day
Kuwait It has 9% of the world's oil reserves, which is approximately 14 billion tons. Thanks to this, the state has become one of the largest producers. Its share is 3.90% of the total supply of black gold to the world market. The country produces about 2.8 million barrels of raw materials per day. The largest oil field is Bolshoi Burgan, where half of the production is extracted. The rest of the product is provided by the southern Minagish and Umm Gudair deposits, as well as the northern Raudheiten and Sabriyah. The country sells the resulting petroleum products to the UAE, Syria, Morocco, Jordan and China.
7. Iraq | 3 million barrels per day
Iraq is one of the most reputable producers of natural raw materials in the world, which has begun to gain momentum in recent times. And this is no coincidence, because the country's economy is directly dependent on oil exports. The total share of state revenues from the sale of petroleum products is approximately 90%. About 3 million barrels and more are extracted from the fields per day. Today Iraq accounts for 4.24% of the world's total raw material. The country's black gold reserves amount to 20 billion tons.
6. Iran | Iran country
Iran - One of the largest oil powers in the world, which has huge reserves of raw minerals. The bulk of the raw material is extracted from the Persian Gulf basin. According to researchers, the contents of the known deposits of black gold will last the country for about 90 years. In terms of total oil reserves, which amount to 21 billion tons, the country is in third place. Iran daily extracts over 3 million barrels from oil pools. The country's production share in the world market segment is 4.25%. The main consumers of the Iranian product are China, Japan, Turkey, India and South Korea. Almost half of the state revenue comes from the export of petroleum products.
5. Canada | 3 million barrels per day
Canada - One of the leading producers and exporters of oil. The volume of extracted raw materials per day is more than 3 million barrels. The largest mineral deposit is one of the provinces of Canada - Alberta. The country is considered the main supplier of "black gold" in the United States, where more than 90% of the crude product is sold. The total world share of the exporter’s production is 4.54%. The state has inexhaustible reserves of natural raw materials and is among the three richest countries in oil reserves, which are estimated at 28 billion tons.
4. China | 4 million barrels per day
China (China) is one of the largest oil producers. The share of the global volume of extraction of raw materials is 5.71%. More than 4 million barrels from the depths of the earth are recovered daily using drilling rigs. The country is not only the largest exporter, but also one of the leaders in the consumption of raw materials due to the large population. The state does not have the largest oil reserves, of which there are 2.5 billion tons. One of the largest oil importers of China is Russia.
3. USA | 9 million barrels per day
USA (11.80%) opens the top three world giants in oil production. The United States is engaged not only in export, but also in the import of raw materials. A huge amount of drill daily extract up to 9 million barrels of fossil. In percentage terms, annual production is 11.80% compared to other world oil producers. In the country, there are three main states that produce the product - these are California, Alaska and Texas. The country has reserved a strategic supply of black raw materials for use in case of unforeseen circumstances.
2. Saudi Arabia | 10 million barrels per day
Saudi Arabia - One of the world's largest miners of black gold. The entire economy of the Middle East is based on the export of oil, which it supplies to the states of East Asia and the United States. Part of the external income received by Saudi Arabia from the sale of precious raw materials is about 90%. Oil fields in the country are controlled by Saudi Aramco. The global share of mining in the country is 13, 23%. Daily work brings up to 10 million barrels per day. The country's proven mineral reserves have 36.7 billion tons.
1. Russia | more than 10 million barrels per day
Russia is a full leader in oil production in the world. And this is no coincidence, since the Russian Federation is considered the richest country in terms of reserves not only of “black gold”, but also of other minerals. This is literally a storehouse of natural gas, non-ferrous metals and coal. Oil is extracted not only for export, but also for the production of fuel material. The total volume of its proven reserves totals over 14 billion tons. More than 10 million barrels a day are extracted from the fields daily, and this volume is constantly growing. As a percentage of world oil production, the share of the Russian Federation is 13.92%.