Which Country Produces the Most Oil?

Based on a comparison of 134 countries in 2016, USA ranked the highest in oil supply with 14,855 '000 bpd followed by Saudi Arabia and Russia. On the other end of the scale was Morocco with -1.07 '000 bpd, Sri Lanka with -0.563 '000 bpd and El Salvador with -0.311 '000 bpd.

Total oil supply reached 94,625 '000 bpd in 2016 in the World according to EIA. This is 0.436 % more than in the previous year and 10.0 % more than 10 years ago.

Historically, total oil supply reached an all time high of 94,625 '000 bpd in 2016 and an all time low of 57,928 '000 bpd in 1983. The average annual growth amounted to 1.09 % since 1980.

The top ranked country, USA, accounted for 15.7 % of oil supply in the world. The top 3 countries hold a 40.7 % share while the ten largest countries some 70.5 % in 2016.

Data for more countries are available at Total Oil Supply indicator page.