Who is the largest exporter of oil?

Who is the largest exporter of oil?

Crude Oil Exports by Country

  • Saudi Arabia: US$161.7 billion (16.5% of exported crude oil)
  • Russia: $82 billion (8.3%)
  • Canada: $74 billion (7.5%)
  • Iraq: $72.1 billion (7.3%)
  • United Arab Emirates: $69.4 billion (7.1%)
  • United States: $41 billion (4.2%)
  • Norway: $40.2 billion (4.1%)
  • Kuwait: $36.3 billion (3.7%)

Who is the largest exporter of oil in 2020?

Russia
Russia is the world’s largest exporter of oil to global markets and the second largest crude oil exporter behind Saudi Arabia.

Which country exports the most oil 2022?

Oil Production by Country 2022

Country Barrels per Day 2022 Population
United States 11,567,000 334,805,269
Russia 10,503,000 145,805,947
Saudi Arabia 10,225,000 35,844,909
Canada 4,656,000 38,388,419

Is the US a major exporter of oil?

The United States was a total petroleum net exporter in 2020 and 2021. In 2021, the United States exported about 8.63 million barrels per day (b/d) and imported about 8.47 million b/d of petroleum,1 making the United States an annual total petroleum net exporter for the second year in a row since at least 1949.

Which 3 countries are the top oil producers overall?

Oil Production by Country

# Country Yearly Oil Production (Barrels per day)
1 United States 14,837,639,510
2 Saudi Arabia 12,402,761,040
3 Russia 11,262,746,200
4 China 4,905,070,874

Who is the largest oil producer in 2021?

Top 10 Oil-Producing Countries (barrels per day):

Country Monthly Production Reference Month
United States 11,567,000 12/2021
Russia 10,503,000 11/2021
Saudi Arabia 10,225,000 02/2022
Canada 4,656,000 11/2021

Who is the number 1 producer of oil 2021?

United States
Top 10 Oil-Producing Countries (barrels per day):

Country Monthly Production Reference Month
United States 11,567,000 12/2021
Russia 10,503,000 11/2021
Saudi Arabia 10,225,000 02/2022
Canada 4,656,000 11/2021

Who does Russia export oil to?

Russia is the biggest exporter of oil and oil products to the EU, supplying 2.2 million barrels per day (bpd) of oil and 1.2 million bpd of oil products, according to the International Energy Agency (IEA). EU foreign affairs chief Josep Borrell has estimated that oil exports provide Moscow with $1 billion a day.

Who produces the most oil in the world 2021?

Where does India import oil from?

Iraq, Saudi Arabia & UAE are the leading sources of Crude Oil imports for India. Iraq emerged as the leading exporter of crude oil to India in recent years, replacing Saudi Arabia. Either of these two countries has retained the top position in each of the 10 years (2012-13 to 2021-22).

Which country is rich in oil?

Venezuela
Oil Reserves by Country

# Country Oil Reserves (barrels) in 2016
1 Venezuela 299,953,000,000
2 Saudi Arabia 266,578,000,000
3 Canada 170,863,000,000
4 Iran 157,530,000,000

Which top 5 countries export the most oil?

  1. Saudi Arabia. This Middle Eastern oil powerhouse was the world’s top oil exporter until that position was taken over by the United Arab Emirates in 2019.
  2. Russia. Russia takes the second spot.
  3. United States. The United States is the third-largest oil exporter.
  4. Canada.
  5. Iraq.
  6. United Arab Emirates (UAE)
  7. Nigeria.
  8. Kuwait.