Which country is richest for oil?
Which country is richest for oil?
Venezuela
Oil Reserves by Country
| # | Country | Oil Reserves (barrels) in 2016 |
|---|---|---|
| 1 | Venezuela | 299,953,000,000 |
| 2 | Saudi Arabia | 266,578,000,000 |
| 3 | Canada | 170,863,000,000 |
| 4 | Iran | 157,530,000,000 |
What are the top 10 oil consuming countries?
Here are the 10 countries with the highest oil consumption:
- United States (19,690,000)
- China (11,750,000)
- India (4,489,000)
- Japan (4,026,000)
- Russia (3,594,000)
- Saudi Arabia (3,237,000)
- Brazil (3,018,000)
- South Korea (2,630,000)
Who is world’s biggest oil producer?
United States
What countries are the top producers and consumers of oil?
| Country | Million barrels per day | Share of world total |
|---|---|---|
| United States | 20.54 | 20% |
| China | 14.01 | 14% |
| India | 4.92 | 5% |
| Japan | 3.74 | 4% |
Who controls the world’s oil?
If we simplistically look at proven oil reserves, the answer is obvious: mostly OPEC and Russia. According to BP, the global authority on the subject, this collective group of 16 countries owns 1.35 trillion barrels of proven oil reserves, or nearly 80 percent of the world’s total.
Which country produces most oil 2021?
Oil Producing Countries 2021
| Country | Crude Oil Production (thousands barrels per day) | 2021 Population |
|---|---|---|
| United States | 12,108 | 332,915,073 |
| Russia | 10,835 | 145,912,025 |
| Saudi Arabia | 9,580 | 35,340,683 |
| Iraq | 4,620 | 41,179,350 |
Which country used the most gas?
Natural Gas Consumption by Country
| # | Country | Yearly Gas Consumption (MMcf) |
|---|---|---|
| 1 | United States | 27,243,858,000 |
| 2 | Russia | 15,538,246,850 |
| 3 | China | 6,738,151,620 |
| 4 | Iran | 6,567,636,495 |
What are the top ten oil producing countries?
The United States, Russia, and Saudi Arabia still remain the top three highest oil producing countries in the world according to the latest report by The U.S. Energy Information Administration (EIA). The United States, China, and India are the top consumers of oil products in the world with a share of world’s total of 20%, 13%, and 4% respectively.
What country has the most oil production?
Saudi Arabia — one of the top oil producing countries in the world. Saudi Arabia possesses 260 billion barrels of oil reserves, accounting for around 22% of the world’s proven petroleum reserves and ranks as the largest exporter of petroleum .
Who is the largest producer of oil?
The world’s largest oil producing company is Saudi Arabian Oil Co. ( Saudi Aramco ), which controls oil reserves of approximately 303,285 billion barrels.
What is the largest oil reserve in the world?
Saudi Arabia:- Saudi oil reserves are the largest in the world, and the country is also the world’s leading oil producer and exporter. Proven reserves are estimated to be 264 billion barrels, about one-quarter (25%) of world oil reserves.
