The United States produced the most oil in the world in 2024, at around ************ barrels of oil per day on average. Saudi Arabia and Russia followed as the second and third largest producers, and also rank amongst the top countries with highest oil exports. OPEC production share Many of the top oil-producing countries belong to the Organization of the Petroleum Exporting Countries, also known as OPEC. The group was founded in 1960 by five original members: Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela. As of 2023, 15 nations belong to OPEC, and the organization holds powerful influence on the prices of oil, with some ** percent of the total global share of crude oil production coming from OPEC. Increased production in the United States The United States was not always the largest producer of oil, but imported oil at higher rates before the 2008 financial crisis. As foreign oil prices peaked during the Recession, investors sought to develop technology to extract more oil domestically, notably through hydraulic fracturing. Since then, oil production in the United States has nearly doubled, reducing the need for imports.

The United States is the world's largest crude oil producer. In 2024, it had an output of 20.1 million barrels worth of oil per day. This was nearly 13 million barrels more than in 2010 and largely a result of advances in unconventional tight oil production. Saudi Arabia and Russia ranked second and third, at around 10.9 and 10.8 million barrels daily respectively. Oil production includes crude oil, shale oil, oil sands, and natural gas liquids. Distribution of U.S. oil production The U.S. is divided into five regional divisions for oil production, known as Petroleum Administration for Defense District’s (PADD), which were created during World War II. The main goal was to organize the allocation of fuels from petroleum products and for data collection purposes these regions are still currently used. Out of all PADD's, PADD 3, including the Gulf Coast states, has recorded by far the largest daily crude oil production, at some 7.9 million barrels in 2021. By comparison, PADD 1 (East Coast) production volumes were 74 thousand barrels per day. The importance of PADD 3 to the country’s overall oil output is hardly surprising as Texas is by far the state with the largest crude oil production. U.S. natural gas production Besides being the world's largest oil producer, the U.S. is also the world’s largest natural gas producer. It produced over one trillion cubic meters in 2024, despite ranking fifth in terms of proved natural gas reserves .

In 2024, the United States produced a total of 857.9 million metric tons of oil, making it the leading oil-producing country in the world. The U.S. was also the largest oil-consuming country, with a consumption of nearly 19 million barrels of oil per day in 2024. Rise of unconventional oil production The U.S. has been the world's largest oil producer since 2018. Its ever increasing oil output has been made possible by the development of technologies allowing extraction from previously inaccessible deposits. The U.S. is the country with the largest unconventional oil resources, held largely in the form of kerogen (shale oil). Oil as a raw material Oil is one of the most widely used raw materials, such as for the manufacturing of transportation fuels, pharmaceuticals, and plastics. When breaking down the many products made of one barrel of crude oil, gasoline and diesel constitute the largest product group. Despite the economic events in 2008, 2009, and 2020 that impacted global oil use, daily global crude oil demand saw a net increase since 2006 and is forecast to grow even further.

Crude oil production is a critical component of the global energy sector, and it plays a significant role in the overall economic development of countries around the world. Learn about the top crude oil producing countries, global production trends, and the role of OPEC in this article.

Key information about United States Crude Oil: Production

• United States Crude Oil: Production was reported at 12,927.088 Barrel/Day th in Dec 2023
• This records an increase from the previous number of 11,910.573 Barrel/Day th for Dec 2022
• US Crude Oil: Production data is updated yearly, averaging 8,135.663 Barrel/Day th from Dec 1960 to 2023, with 64 observations
• The data reached an all-time high of 12,927.088 Barrel/Day th in 2023 and a record low of 4,999.727 Barrel/Day th in 2008
• US Crude Oil: Production data remains active status in CEIC and is reported by Organization of the Petroleum Exporting Countries
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.OPEC.CO: Crude Oil Production: Yearly

In 2024, global crude oil production amounted to approximately ************ metric tons. This was the largest amount that had ever been produced, and nearly *********** metric tons more than oil produced in 1998. Which countries extract the most oil? The United States is the largest oil producing country in the world. Profiting off advances in horizontal drilling and shale extraction, the U.S. has succeeded OPEC-affiliated countries, such as Saudi Arabia, in becoming the world's greatest supplier of crude oil. Oil production in the United States The U.S. has been producing oil since 1850s. U.S. oil production initially decreased until 2008 but has been steadily increasing since. Texas is by far the U.S. state that produces the most crude oil. It is home to the Permian Basin and Eagle Ford shale play, two of the most important petroleum-rich locations in the country. The U.S. also operates numerous rigs located offshore in the Gulf of Mexico, which contribute significantly to overall oil and gas production.

Explore the top crude oil-producing countries and their respective production figures. Find out which countries are the major players in global crude oil production and the factors that affect production levels.

Explore the top crude oil-producing countries and their production figures, including the United States, Saudi Arabia, Russia, Canada, China, Iraq, Iran, United Arab Emirates, Brazil, and Kuwait. Understand the global energy landscape and the factors affecting crude oil production.

Explore the top crude oil producing countries and their production volumes. Learn about the factors influencing crude oil production and the role of geopolitical tensions, market dynamics, and government policies. Discover the significance of the United States, Saudi Arabia, Russia, and other major players in meeting global energy demand.

Global Olive Oil Production by Country, 2023 Discover more data with ReportLinker!

Global Maize Oil Production by Country, 2023 Discover more data with ReportLinker!

Global Coconut Oil Production by Country, 2023 Discover more data with ReportLinker!

The Energy Information Administration (EIA) provides data on oil production by country, which helps in understanding the global oil market and identifying trends and patterns in oil production. This article gives an overview of the top oil producing countries, including the United States, Saudi Arabia, Russia, Canada, Iraq, China, Iran, United Arab Emirates, Brazil, and Kuwait. The article highlights their production levels, reserves, and their impact on the global oil market.

This dataset provides values for CRUDE OIL PRODUCTION reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Global oil production amounted to ************ barrels per day in 2024. The level of oil production reached an all-time high in 2024. However, the coronavirus pandemic and its impact on transportation fuel demand led to a notable decline in 2020. Rising production and consumption Apart from events surrounding global economic crisis as in the late 2000's and 2020, oil production consistently increased every year for the past two decades. Similarly, global oil consumption only decreased in 2008, 2009, and 2020, but has otherwise increased to a higher level year after year. Oil and oil products remain invaluable commodities as most transportation fuels are petroleum-based and oil is a major raw material for the chemicals industry. Production by region and country While total production is rising, regional distribution has shifted, with the share of production declining the most in Europe and the Commonwealth of Independent States (CIS) since 2008, and rising the most in North America. Even though as a region the Middle East still produces the largest share of oil worldwide, the United States is currently the worl'ds largest producer of oil, followed by Saudi Arabia and Russia.

Global Soybean Oil Production by Country, 2023 Discover more data with ReportLinker!

Total oil production is a key indicator of a country's energy production and economic strength. Here is an overview of the top oil-producing countries in the world, including the United States, Saudi Arabia, Russia, Canada, and China. These countries have significant influence over global oil prices and their production levels impact the global economy and energy markets.

The average for 2021 based on 181 countries was 2.69 percent. The highest value was in Libya: 56.38 percent and the lowest value was in Antigua and Barbuda: 0 percent. The indicator is available from 1970 to 2021. Below is a chart for all countries where data are available.

Top Countries' Share of Global Oil Production, 2016 Discover more data with ReportLinker!

Key information about Saudi Arabia Crude Oil: Production

• Saudi Arabia Crude Oil: Production was reported at 8,937.000 Barrel/Day th in Jan 2025
• This records a decrease from the previous number of 8,950.000 Barrel/Day th for Dec 2024
• Saudi Arabia Crude Oil: Production data is updated monthly, averaging 9,424.000 Barrel/Day th from Jan 2002 to Jan 2025, with 277 observations
• The data reached an all-time high of 11,642.000 Barrel/Day th in Apr 2020 and a record low of 7,121.000 Barrel/Day th in Feb 2002
• Saudi Arabia Crude Oil: Production data remains active status in CEIC and is reported by Organization of the Petroleum Exporting Countries
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.OPEC.CO: Crude Oil Production: OPEC Members: Monthly