The best in the world

  • Home
  • Technics
  • Finance
  • Ratings
  • Cars
  • Movie
  • People
  • Home
    • Technics
    • Finance
    • Ratings
    • Cars
    • Movie
    • People

Home Cities and countries

Rating of countries in terms of oil production

Share
Pin
Tweet
Send
Share
Send

Even a child is familiar with the term “black gold” today. Possession of high oil reserves and oil production delivered allowed many countries to literally step out of poverty into a new life. Thus, the welfare of such countries as Kuwait, the United Arab Emirates and Saudi Arabia is almost completely grown on oil.

Today we present world oil rating. Given the fact that the USA has actively taken up the increase in the production of “black gold”, Russia's first place next year will probably be called into question.

10. UAE (960 million barrels per year)

The emirates are systematically reducing oil production and the share of the oil sector in the country's economy. The state is actively developing trade, re-export and tourism. Nevertheless, the share of the oil and gas industry in the UAE's GDP is slightly less than 25%.

9. Kuwait (1 billion barrels)

In the 1960s, it was oil that gave Kuwait freedom from British influence. About 9% of the world's oil reserves are located in the country. The share of the oil sector in GDP exceeds 50%, and 95% of exports are crude oil and refined products.

8. Mexico (1.1 billion barrels)

Mexico accounts for approximately 3% of global oil production. Due to the underdeveloped refining industry, Mexico exports crude oil and at the same time imports petroleum products, purchasing them from the United States.

7. Iran (1.1 billion barrels)

About 45% of the country's budget revenues come from oil sales. The main buyers of Iranian oil are China, India, Japan, Turkey, South Korea and Italy.

6. Iraq (1.1 billion barrels)

The development of an oil field in the country is carried out by two state-owned companies - North Oil and South Oil Company. Oil exports account for 98% of Iraqi budget revenues. In comparison with last year’s rating, Iraq rose by 2 lines, increasing the rate of oil production.

5. Canada (1.4 billion barrels)

Canada accounts for almost 5% of global oil production. A well-developed refining industry allows Canada to completely abandon the import of petroleum products, providing its own needs on its own.

4. China (1.5 billion barrels)

Despite the fact that the growth of the Chinese oil industry is almost 3% per year, the country imports oil, purchasing it mainly from countries such as Iran and Iraq. China accounts for 5.1% of the global oil production market.

3. Saudi Arabia (3.6 billion barrels)

The share of Saudi Arabia in world oil production is almost 12%. The growth rate is more than 5% per year, which is an impressive indicator. Meanwhile, the United States squeezed the Saudi out of the second line of last year’s rating.

2. USA (3.7 billion barrels)

The states show the most impressive growth in the oil industry - nearly 11% per year. Today, the country accounts for 12.2% of the global production of “black gold”.

1. Russia (3.8 billion barrels)

It is becoming increasingly difficult for Russia to maintain leadership in oil production. The country does not have enough reserves for a qualitative increase in production, so the increase is only 1.3% per year. If this growth rate is maintained in a year, Russia will be on the third line of the rating, behind the USA and Saudi Arabia.

Share
Pin
Tweet
Send
Share
Send

Watch the video: Top 10 Highest Oil Producing Countries in the World 2020 (June 2025).

Similar Articles

The most beautiful girlfriends and wives of football players
People

The most beautiful girlfriends and wives of football players

2020
The most beautiful makeup in the world: 50 photos, video
Ratings

The most beautiful makeup in the world: 50 photos, video

2020
Top 100 Best Films of the 21st Century (BBC Version)
Movie

Top 100 Best Films of the 21st Century (BBC Version)

2020

Leave Your Comment

Recommended

Top 5 cheapest Chinese cars in Russia

Top 5 cheapest Chinese cars in Russia

2020
The most expensive single-color paintings in the world

The most expensive single-color paintings in the world

2020
Top 30 Moscow Attractions: List

Top 30 Moscow Attractions: List

2020
Cat Feed Rating

Cat Feed Rating

2020

Popular Categories

  • Favorite
  • Food and drink
  • Movie
  • Articles
  • Sport
  • Medicine
  • Tourism
  • Cities and countries
  • The most in the world
  • Books

Recent

The best ice cream without palm oil (top 7)

Where will the best Christmas markets 2018-2019 take place

The fastest smartphones 2020, benchmark rating Master Lu

Top 5 cheapest Chinese cars in Russia

Top 7 Rules for Creating an Effective Commercial

Top 10 most expensive products in Japan

Actual

Rating of Russian radio stations 2019 by popularity
Ratings

Rating of Russian radio stations 2019 by popularity

2020

Over the past 8 years, the number of radio stations in our country has grown more than one and a half times. And according to the Megascope analytical agency, at least 110 million people (89 of the country's total population) are listening to radio throughout the country. The share of listeners of online radio is also growing. To the listener and the advertiser ...

Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

18 best youth comedies of all time

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

Ranking of countries by the level of development of information and communication technologies (ICT)

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

The most prominent Russian writers

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

The largest regions of Russia by area

2020

The best in the world

The best in the world.

Recent

  • Top 10 Most Healthy Foods
  • 10 airlines allowing the transportation of animals in the cabin
  • Rating of the most visited Runet sites

Popular Categories

  • Ratings
  • Information and News
  • Tourism

© 2025 https://efuc.org

  • The most in the world
  • Nature
  • Books
  • Information and News
  • Technics
  • Articles
  • Food and drink
  • Favorite
  • Sport
  • Coronavirus

© 2025 https://efuc.org