Thursday 23 February 2012

Top 10 Biggest Oil Producer Countries of the World

10. Nigeria
Top 10 Biggest Oil Producer Countries of the World

Crude production: 2.51 million barrels per day
Share of world production: 2.95%
Daily crude exports to the US: 1.02 million barrels
Proven reserves: 37.2 billion barrels
Unrest in the Middle East has put investors on high alert as crude oil prices move seemingly with every development in the region. In order to understand the effect of those events on both US and global oil markets, a key figure to watch is the amount of crude oil produced daily in each country. 09 more after the break...
09. Brazil
Top 10 Biggest Oil Producer Countries of the World

Crude production: 2.75 million barrels per day
Share of world production: 3.2%
Daily crude exports to the US: 271,000 barrels
Proven reserves: 12.8 billion barrels

08. United Arab Emirates
Top 10 Biggest Oil Producer Countries of the World

Crude production: 2.81 million barrels per day
Share of world production: 3.3%
Daily crude exports to the US: 10,000 barrels*
Proven reserves: 97.8 billion barrels

07. Mexico
Top 10 Biggest Oil Producer Countries of the World

Crude production: 2.88 million barrels per day
Share of world production: 3.39%
Daily crude exports to the US: 1.22 million barrels
Proven reserves: 10.4 billion barrels

06. Canada
Top 10 Biggest Oil Producer Countries of the World

Crude production: 3.7 million barrels per day
Share of world production: 4.3%
Daily crude exports to the US: 2.06 million barrels
Proven reserves: 175.2 billion barrels

05. Iran
Top 10 Biggest Oil Producer Countries of the World

Crude production: 4.2 million barrels per day
Share of world production: 4.9%
Daily crude exports to the US: 0
Proven reserves: 137.6 billion barrels

04. China
Top 10 Biggest Oil Producer Countries of the World

Crude production: 4.26 million barrels per day
Share of world production: 5.0%
Daily crude exports to the US: 8,000 barrels
Proven reserves: 20.4 billion barrels

03. United States
Top 10 Biggest Oil Producer Countries of the World

Crude production: 8.85 million barrels per day
Share of world production: 10.4%
Total crude imports: 8.63 million barrels per day
Proven reserves: 19.2 billion barrels

02. Russia
Top 10 Biggest Oil Producer Countries of the World

Crude production: 9.91 million barrels per day
Share of world production: 11.6%
Daily crude exports to the US: 158,000 barrels
Proven reserves: 60 billion barrels

01. Saudi Arabia
Top 10 Biggest Oil Producer Countries of the World

Crude production: 10.3 million barrels per day
Share of world production: 12.1%
Daily crude exports to the US: 1.08 million barrels
Proven reserves: 259.9 billion barrels

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