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The United States Is the Biggest Oil Producer in the World

The United States Is the Biggest Oil Producer in the World

The United States Is the Biggest Oil Producer in the World
The US produces even more oil when you include other types of oil.
The US Energy Information Administration says the world produced 101.81 million barrels of oil per day in 2023. The US produced 21.91 million barrels per day, which is 22% of the world's total.
One country does not control oil prices alone. The global oil market is like a big pool of oil. Many things affect oil prices, including how much oil is produced, how much oil is used, and problems in the oil industry.
The US produces 21.5% of the world's oil.
Saudi Arabia produces 10.9% of the world's oil.
Russia produces 10.6% of the world's oil.
Canada produces 5.7% of the world's oil.
China produces 5.2% of the world's oil.
Iraq produces 4.3% of the world's oil.
Brazil produces 4.2% of the world's oil.
The United Arab Emirates produces 4.1% of the world's oil.
Iran produces 3.9% of the world's oil.
Kuwait produces 2.9% of the world's oil.
The US is the biggest oil producer in the world. The US produced 12.9 million barrels of oil per day in 2023.
The US produced 13.3 million barrels of oil per day in December 2023. The US will produce 13.6 million barrels of oil per day in 2026.
The US produces a lot of oil from shale. The Permian Basin is a big area that produces a lot of oil. The region produced 6.0 million barrels of oil per day in December 2025.
Texas is a big oil producer in the US. Texas produced 42% of the US's oil in 2023.
The US oil industry is different from other countries. Many companies produce oil in the US, not just one big company.
ExxonMobil, Chevron, and ConocoPhillips are big oil producers in the US. They produced a lot of oil in 2025.
ExxonMobil produced 4.7 million barrels of oil per day in 2025.
Chevron produced 3.7 million barrels of oil per day in 2025.
ConocoPhillips produced 2.35 million barrels of oil per day in 2025.
Even though some companies are producing less oil, the US is still producing more oil.
Saudi Arabia is the second biggest oil producer in the world. Saudi Arabia produced 11.13 million barrels of oil per day in 2023.
Saudi Arabia's oil production is important because it helps set oil prices. Saudi Arabia often works with other countries to control oil production.
Saudi Arabia stopped producing as much oil in 2023 to help keep oil prices high.
The International Energy Agency says Saudi Arabia started producing more oil in 2025.
Saudi Aramco is a big oil company in Saudi Arabia. It produces a lot of oil and has a lot of control over the oil industry.
Aramco wants to stay the biggest oil producer in the world.
Russia is the third biggest oil producer in the world. Russia produced 10.75 million barrels of oil per day in 2023.
Russia's oil production is important because it affects many countries. Russia's oil is transported through many different routes.
When there are problems with Russia's oil transportation, it can affect the whole world's oil supply.
Canada is the fourth biggest oil producer in the world. Canada produced 5.76 million barrels of oil per day in 2023.
Canada's oil production is growing slowly. Canada's oil production will grow by 8% by 2025.
Canada is an important oil producer because it is a stable country and has a lot of oil.
China is the fifth biggest oil producer in the world. China produced 5.26 million barrels of oil per day in 2023.
China's oil production is important because China is a big user of oil. China imports a lot of oil and refines it.
PetroChina is a big oil company in China. It produces and distributes a lot of oil.
Iraq is the sixth biggest oil producer in the world. Iraq produced 4.42 million barrels of oil per day in 2023.
Iraq's oil production is important because it affects the global oil supply. Any problems with Iraq's oil production can affect oil prices.
Brazil is a big oil producer. Brazil produced 4.28 million barrels of oil per day in 2023.
Brazil's oil production is growing. Brazil has many new oil projects and is using new technology to produce more oil.
Brazil's oil production is important because it helps balance the global oil supply.
The United Arab Emirates is a big oil producer. The UAE produced 4.16 million barrels of oil per day in 2023.
The UAE's oil production is important because it is located near a critical shipping route. Any problems with the UAE's oil production can affect oil prices.
Iran is a big oil producer. Iran produced 3.99 million barrels of oil per day in 2023.
Iran's oil production is important because it affects the global oil supply. Any changes in Iran's oil production can affect oil prices.
Kuwait is a big oil producer. Kuwait produced 2.91 million barrels of oil per day in 2023.
The global oil supply is complex. Many countries produce oil, and any changes in oil production can affect oil prices.
The US Energy Information Administration says the world will produce more oil in the future. The world will produce 92.7 million barrels of oil per day in 2050.
The International Energy Agency says the world's oil demand is slowing down. The world's oil demand will be affected by the economy and new technologies.