How many barrels of oil are produced a day by country?
Oil Production by Country
| # | Country | Yearly Oil Production (Barrels per day) |
|---|---|---|
| 1 | United States | 14,837,639,510 |
| 2 | Saudi Arabia | 12,402,761,040 |
| 3 | Russia | 11,262,746,200 |
| 4 | China | 4,905,070,874 |
How much oil is produced per day?
Global oil production amounted to 88.4 million barrels per day in 2020.
Which country uses the most oil per day?
United States
Oil Consumption by Country
| # | Country | Daily Oil Consumption (barrels) |
|---|---|---|
| 1 | United States | 19,687,287 |
| 2 | China | 12,791,553 |
| 3 | India | 4,443,000 |
| 4 | Japan | 4,012,877 |
How many barrels of oil are produced a day in USA?
EIA’s data for 2020 indicates that total U.S. petroleum production averaged about 18.375 million barrels per day (b/d), which included: crude oil—11.283 million b/d.
Why does Canada not refine its own oil?
Most of Canada’s domestic oil production happens in the Western Canada Sedimentary Basin (WCSB). This is due to higher transportation costs, limited pipeline access to western Canadian domestic oil, and the inability of refineries to process WCSB heavy crude oil.
Which country produces the most oil in a year?
Production: 19,510,000 bpd Number one on this list of the top 10 oil-producing countries is the US. It produced the most oil in 2019, with output increasing from 17,886,000 bpd in 2018 to…
What are the top ten oil producing countries?
Here are the world top ten oil producers according to the US Energy Information Administration (EIA) in 2017: USA – 15.6 Million barrels of oil per day Saudi Arabia – 12.1 Million BOPD Russia – 11.2 Million BOPD Canada – 5.0 Million BOPD China – 4.8 Million BOPD Iran – 4.7 Million BOPD Iraq – 4.5 Million BOPD UAE – 3.7 Million BOPD
Which country is a world leader in oil production?
U.S. oil production grew by 1.2 million BPD in 2019, taking over the top spot from Russia. Cumulatively the Big Three – U.S., Russia, and Saudi Arabia – produced 40.5% of the world’s oil. OPEC countries produced 38.2% of the world’s oil.
Who produces the most oil?
Key Takeaways. According to the most recent data, the top five oil-producing nations are the U.S., Saudi Arabia, Russia, Canada, and China . Canada is expected to have some of the highest growth in oil production, percentage-wise, over the next three decades thanks to oil sands. Nov 18 2019