(Note: The figure for Singapore is skewed because of its small
population compared with its large oil refining capacity.
Most of this oil is sent to other countries.)

Top petroleum-producing countries

Source: Energy Statistics from the U.S. Government.

For oil reserves by country, see Oil reserves by country.

Oil producing countries

In order of amount produced in 2004 in MMbbl/d & ML/d:

#Producing Nation for 2004(×106bbl/d)(×103m³/d)1Saudi Arabia (OPEC)10.371,6492Russia9.271,4743United States 18.691,3824Iran (OPEC)4.096505Mexico 13.836096China 13.625767Norway 13.185068Canada 1,33.144999Venezuela (OPEC) 12.8645510United Arab Emirates (OPEC)2.7643911Kuwait (OPEC)2.5139912Nigeria (OPEC)2.5139913United Kingdom 12.0833114Iraq (OPEC) 22.03323

1 peak production of conventional oil already passed in this state

2 Though still a member, Iraq has not been included in production figures since 1998

3 Canada has the world's second largest oil reserves when tar sands are included, and is the leading source of U.S. imports, averaging 1.7 MMbbl/d in April 2006 1.

Top petroleum-exporting countries

Oil exports by country

In order of amount exported in 2003:

  1. Saudi Arabia (OPEC)
  2. Russia
  3. Norway 1
  4. Iran (OPEC)
  5. United Arab Emirates (OPEC)
  6. Venezuela (OPEC) 1
  7. Kuwait (OPEC)
  8. Nigeria (OPEC)
  9. Mexico 1
  10. Algeria (OPEC)
  11. Libya (OPEC) 1

1 peak production already passed in this state

Note that the USA consumes almost all of its own production, while the UK has recently become a net-importer rather than net-exporter.

Total world production/consumption (as of 2005) is approximately 84 million barrels per day.

See also: Organization of Petroleum Exporting Countries.

Top petroleum-consuming countries

#Consuming Nation(bbl/day)(m³/day)1United States20,030,0003,184,5162China6,391,0001,016,0883Japan5,578,000886,8314Russia2,800,000445,1645Germany2,677,000425,6096India2,320,000368,8517Canada2,300,000365,6718South Korea2,061,000327,6739France2,060,000327,51410Italy1,874,000297,94211Saudi Arabia1,775,000282,20212Mexico1,752,000278,54613United Kingdom1,722,000273,77614Brazil1,610,000255,970

Source: CIA World Factbook

Top petroleum-importing countries

Oil imports by country#Importing Nation(bbl/day)(m³/day)1United States13,150,0002,790,6832Japan5,449,000866,3223China3,226,000512,8934Netherlands2,284,000363,1275France2,281,000362,6506South Korea2,263,000359,7887Italy2,158,000343,0958Germany2,135,000339,4389India2,090,000332,28310Spain1,582,000251,51811United Kingdom1,084,000172,34212Belgium1,042,000165,66513Canada963,000153,10514Turkey616,50098,016

Source: CIA World Factbook

Top petroleum non-producing and consuming countries

#Consuming Nation(bbl/day)(m³/day)1Japan5,578,000886,8312Germany2,677,000425,6093India2,320,000368,8514South Korea2,061,000327,6735France2,060,000327,5146Italy1,874,000297,9427Spain1,537,000244,3638Netherlands946,700150,513

Source : CIA World Factbook

See also

  • Fossil fuel
  • Global warming
  • Greenhouse gases
  • Mineral oil
  • Natural gas


  1. ↑ Manual of Petroleum Measurement Standards (MPMS), by the American Petroleum Institute
  2. ↑ "Crude oil is made into different fuels". Energy Kids Page. Retrieved August 25, 2007.
  3. ↑ EIA reserves estimates. Energy Information Administration. Retrieved August 25, 2007.
  4. ↑ CERA report on total world oil. CERA. Retrieved August 25, 2007.
  5. ↑ WebMOHeat of Combustion of Fuels.Classroom-tested WebMO Exercises. Retrieved August 25, 2007.
  6. ↑ Petroleum Study. DOE "Technical and Scientific Information" Bridge. Retrieved August 25, 2007.
  7. ↑ Shell Middle Distillate Synthesis Malaysia. Shell Oil. Retrieved August 25, 2007.
  8. ↑ Sasol corporate website. Retrieved August 25, 2007.
  9. Encyclopedia Britannica, (1911 ed.) "Petroleum."
  10. ↑ Ibid.
  11. ↑ Kasem Ajram. The Miracle of Islam Science. (Lincolnshire, IL: Knowledge House Publishers, 1992. ISBN 0911119434).
  12. Encyclopedia Britannica (1911)
  13. ↑ Pechelbronn History of Pechelbronn oil. The Oil Museum. Retrieved August 25, 2007.
  14. ↑ Ibid.
  15. Encyclopedia Britannica. (1911)
  16. ↑ Ibid.
  17. ↑ Stanislave Patin. Waste discharges during the offshore oil and gas activity. Retrieved August 25, 2007.
  18. ↑ New study raises doubts about Saudi oil reserves.(March 31, 2004) Institute for the Analysis of Global Security (IAGS). Retrieved August 25, 2007.
  19. ↑ Kenneth Deffeyes. Beyond Oil: The View from Hubbert's Peak. New York, NY: Hill and Wang, 2005. ISBN 080902957X.


  • Conaway, Charles F. 1999. The Petroleum Industry: A Nontechnical Guide. Tulsa, OK: PennWell. ISBN 0878147772
  • Hyne, Norman J. 2001. Nontechnical Guide to Petroleum Geology, Exploration, Drilling, and Production, 2nd ed. Tulsa, OK: PennWell. ISBN 087814823X
  • McCain, William D. 1989. The Properties of Petroleum Fluids. Tulsa, OK: PennWell. ISBN 0878143351
  • Meyers, Robert A. 2004. Handbook of Petroleum Refining Processes, 3rd ed. McGraw-Hill Handbooks. New York: McGraw-Hill. ISBN 0071391096

External links

All links retrieved March 18, 2019.

  • OTS Heavy Oil Science Centre (includes overview of all phases of the oil industry).
  • US Energy Information Administration - Part of the informative website of the US Government's Energy Information Administration.
  • Waste discharges during the offshore oil and gas activity - Environmental effects of oil extraction.
  • American Petroleum Institute - the trade association of the US oil industry.
  • Bloomberg Energy Prices - current prices on world mercantile exchanges.
  • Oil Marketer - oil news and market information.
  • Oil in troubled waters - The Economist article on investor approaches to oil markets, supply, and future.
  • Jorn Madslien BBC News online: "Stability fears rise as oil reliance grows".(October 26, 2004)
  • Department of Energy EIA - World supply and consumption.
  • Department of Energy EIA - Crude Oil and Total Petroleum Imports to USA.