Question: Who Is The Number 1 Oil Producer In The World?

The Five Biggest Oil Companies In The World

  • Saudi Aramco. Saudi Aramco is the world’s largest oil company.
  • Sinopec. Sinopec is a state-owned Chinese oil company in Beijing and the second largest oil company in the world with an annual revenue of 455.499 billion dollars.
  • China National Petroleum Corporation.
  • ExxonMobil.

Who is the number 1 producer of oil?

The United States likely surpassed Russia and Saudi Arabia to become the world’s largest crude oil producer earlier this year, based on preliminary estimates in EIA’s Short-Term Energy Outlook (STEO). In February, U.S. crude oil production exceeded that of Saudi Arabia for the first time in more than two decades.

Which country is highest oil producer in the world?

Kingdom of Saudi Arabia

Who has the most oil in the world 2018?

The World’s Largest Oil Reserves By Country

  1. Canada – 169,709 million barrels.
  2. Iran – 158,400 million barrels.
  3. Iraq – 142,503 million barrels.
  4. Kuwait – 101,500 million barrels.
  5. United Arab Emirates – 97,800 million barrels.
  6. Russia – 80,000 million barrels.
  7. Libya – 48,363 million barrels.
  8. United States – 39,230 million barrels.

What country has the most oil in the world 2017?

Top 10 Countries With Largest Oil Reserves 2017

  • Venezuela – 298.4 Billion Barrels. Venezuela Oilfield Map.
  • Saudi Arabia – 268.3 Billion Barrels. Saudi Arabia Oifield Map.
  • Canada – 171 Billion Barrels.
  • Iran – 157.8 Billion Barrels.
  • Iraq – 144.2 Billion Barrels.
  • Kuwait – 104 Billion Barrels.
  • Russia – 103.2 Billion Barrels.
  • United Arab Emirates – 97.8 Billion Barrels.
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Who is the biggest oil company in the world?

The Five Biggest Oil Companies In The World

  1. Saudi Aramco. Saudi Aramco is the world’s largest oil company.
  2. Sinopec. Sinopec is a state-owned Chinese oil company in Beijing and the second largest oil company in the world with an annual revenue of 455.499 billion dollars.
  3. China National Petroleum Corporation.
  4. ExxonMobil.

Who consumes the most oil?

  • The United States. The United States, the world’s biggest oil consuming country, consumed 18.5 million barrels of oil per day (mbd) in 2012, which accounted for nearly 20% of the world’s total oil consumption per day.
  • China.
  • Japan.
  • India.
  • Russia.
  • Saudi Arabia.
  • Brazil.
  • Germany.

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