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Top 5 oil-producing countries 1980–2022 World oil production This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.
By default countries are ranked by their total proven oil reserves. Note that data related to one parameter may be more up to date than data related to some other. See also separate lists and their source pages: List of countries by proven oil reserves [1] List of countries by oil production [2] List of countries by oil consumption [3]
In this article, we will take a look at the top 20 oil producing countries in 2022. If you want to see more of the world’s top oil producing countries, go directly to Top 5 Oil Producing ...
Crude oil export revenue by country (annually) A world map of countries by oil exportation, 2022. This is a list of oil-producing countries by oil exports based on data for 2022 by CEIC. Oil in this list refers to base crude oil only, and not refined petroleum products such as gasoline, diesel and airplane fuel.
Based on our estimates for production capacity, cost of production, and capital requirements at CNOOC (and demanding a 12% rate of return), the recent ADR price north of $270 suggests that the ...
Meanwhile, the surprising reality is the United States is pumping oil at a blistering pace and is on track to produce more oil than any country has in history. The United States is producing more ...
(The data below does not seem to include shale oil and other unconventional sources of oil such as tar sands. For instance, North America has over 3 trillion barrels of shale oil reserves, [ citation needed ] and the majority of oil produced in the US is from shale, leading to the paradoxical data below that the US will finish all its oil at ...
The good news for consumers is a drop in oil prices could be in store as a weakening Chinese economy lowers demand. Then again, just one damaging hurricane or refinery issue this fall could send ...