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

Women's fashion 2020: 10 important rules when choosing clothes
Ratings

Women's fashion 2020: 10 important rules when choosing clothes

2020
Top 10 Best Business Books
Books

Top 10 Best Business Books

2020
10 companies that do not respect their customers, anti-rating 2018
Ratings

10 companies that do not respect their customers, anti-rating 2018

2020

Leave Your Comment

Recommended

Top 10 most expensive films in history

Top 10 most expensive films in history

2020
Rating of the best universities in the world

Rating of the best universities in the world

2020
Sale 11.11 Aliexpress: women's products at a discount

Sale 11.11 Aliexpress: women's products at a discount

2020
10 best radar detectors, 2019 ranking

10 best radar detectors, 2019 ranking

2020

Popular Categories

  • Favorite
  • Nature
  • Movie
  • Food and drink
  • Books
  • Articles
  • Technology Reviews and Tests
  • Technics
  • Tourism
  • Games

Recent

Top 10 best books to read on vacation

The most expensive paintings of the world (Photos + Prices)

Top 10 most popular blogs in the world

The best sites for preparing for the Unified State Examination 2020 online

The most terrible wonders of the world

Top 3 largest private companies in Russia

Actual

Top 10 interesting facts about Easter
Ratings

Top 10 interesting facts about Easter

2020

In 2014, we celebrate Easter on April 20. This oldest church celebration in its history has changed its face, traditions and time more than once. The celebration is accompanied by familiar rituals such as dyeing eggs, baking Easter cakes, and Christification since childhood. However, the meaning and history of these characters ...

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

10 best anti-wrinkle creams 2019

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

10 good low-cost smartphones in 2019

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

100 best universities in Russia 2019, Forbes rating

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

The most expensive perfume in the world: 10 photos, prices

2020

The best in the world

The best in the world.

Recent

  • Rating of non-state pension funds 2013
  • The best sites for preparing for the Unified State Examination 2020 online
  • 10 scariest roller coasters in the world (video)

Popular Categories

  • The most in the world
  • Ratings
  • Ratings

© 2025 https://efuc.org

  • Games
  • Favorite
  • Articles
  • Tourism
  • Books
  • Technics
  • Sport
  • Information and News
  • Nature
  • Medicine

© 2025 https://efuc.org