name the largest producer of petroleum in the world
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- These 15 countries, as home to largest reserves, control the world's oil
United Arab Emirates.
United States. ...
Libya. ...
Nigeria. ...
Kazakhstan. ...
China. ...
Qatar. • Proven oil reserves: 25.2 billion barrels (1.5% of world total) ...
Brazil. • Proven oil reserves: 12.8 billion barrels (0.8% of world total) ...
- Venezuela has the largest amount of oil reserves in the world with 300.9 billion barrels. Saudi Arabia has the second-largest amount of oil reserves in the world with 266.5 billion barrels.
- The United States produced the most oil in the world in 2020, at around 16 million barrels of oil per day on average. Saudi Arabia and Russia followed as the second and third largest producers, and also rank as the top two countries with highest oil exports
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