Which Country Produces the Most Crude Oil?

Crude Oil Supply ('000 bpd), 2014
Oil & Gas | February 22, 2018
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Excel Sheet

Based on a comparison of 96 countries in 2014, Russia ranked the highest in crude oil supply with 10,107 '000 bpd followed by Saudi Arabia and USA. On the other end of the scale was Slovenia with 0.005 '000 bpd, Jordan with 0.022 '000 bpd and Taiwan with 0.196 '000 bpd.

Total crude oil supply reached 77,834 '000 bpd in 2014 in the World according to EIA. This is 2.04 % more than in the previous year and 6.73 % more than 10 years ago.

Historically, total crude oil supply reached an all time high of 77,834 '000 bpd in 2014 and an all time low of 53,250 '000 bpd in 1983. The average annual growth amounted to 0.790 % since 1980.

The top ranked country, Russia, accounted for 13.0 % of crude oil supply in the world. The top 3 countries hold a 36.6 % share while the ten largest countries some 65.3 % in 2014.

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