Best oil producers in the world

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1. United States

The United States is the top oil-producing country in the world, with an average of 14.86 million b/d, which accounts for 15.3% of the world’s production.

2. Saudi Arabia

The Kingdom of Saudi Arabia contributes 12.39 million b/d, representing 12.7% of the world’s total production.

Saudi Arabia is the only member of the Organization of the Petroleum Exporting Countries (OPEC) to make this list.

3. Russia

While Russia has fallen in the ranks, it remains one of the world’s top oil producers, with an average of 11.24 million b/d in 2016, accounting for 11.6% of total world production.

4. China

China produced an average of 4.87 million b/d of oil in 2016, which accounts for 5% of the world’s production.

China is a net importer of oil, as the country consumed an average of 12.38 million b/d in 2016.

5. Canada

Canada holds the fifth spot among the world’s leading oil producers, with average production of 4.59 million b/d in 2016, accounting for 4.7% of global production.

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