Energy Data Charts

Track global energy market production, inventory, and price trends. Access detailed data for crude oil, gasoline, jet fuel, distillates, heating oil, and rig counts.

FAQ

Frequently Asked Questions About Energy Markets

Find answers about global oil production, top oil-producing countries, and energy market trends over the past 5 years.

1

Which are the top oil-producing countries in the world?

Based on recent 5-year data, the top oil-producing countries include the United States, Saudi Arabia, Russia, Canada, China, Iraq, Iran, UAE, Kuwait, and Brazil. The US has maintained its position as the world's largest oil producer since 2018, primarily due to shale oil production.

2

What are the leading crude oil-producing nations?

The leading crude oil producers are dominated by OPEC+ countries and major non-OPEC producers. Saudi Arabia leads OPEC production, while the United States tops global production. Russia, despite sanctions, remains a significant producer, followed by Canada with its oil sands production.

3

How many major oil-producing countries are there globally?

There are approximately 95+ countries that produce oil commercially, but the majority of global production comes from about 20-25 major producers. The top 10 countries account for roughly 75% of global oil production, highlighting the concentration in key regions.

4

Can you provide details about the top 10 crude oil-producing countries?

Top 10 oil producers (2019-2024 average): 1) USA: ~19-20 million bpd (shale dominance), 2) Saudi Arabia: ~12-13 million bpd (conventional reserves), 3) Russia: ~11-12 million bpd (Siberian fields), 4) Canada: ~5-6 million bpd (oil sands), 5) China: ~4-5 million bpd, 6) Iraq: ~4-5 million bpd, 7) Iran: ~3-4 million bpd, 8) UAE: ~3-4 million bpd, 9) Kuwait: ~2-3 million bpd, 10) Brazil: ~2-3 million bpd (offshore production).

5

How do oil-producing countries rank globally?

Oil production rankings have shifted significantly over the past 5 years. The US surpassed Saudi Arabia and Russia to become the top producer. OPEC+ countries collectively control about 50% of global production, while non-OPEC countries like the US, Canada, and Brazil have increased their market share through technological advances.

6

What are the top 10 countries for oil production worldwide?

The current top 10 oil-producing countries based on recent data are: United States, Saudi Arabia, Russia, Canada, China, Iraq, Iran, United Arab Emirates, Kuwait, and Brazil. These countries have maintained relatively stable positions, though production levels fluctuate due to market conditions, geopolitical factors, and OPEC+ decisions.