The Largest Oil-Producing Countries in the World

Crude oil is one of the most important mined resources in the world, commonly processed into fuel for transportation and even household cooking. The countries with the largest oil production in the world have such high output that they can export to many others, as the oil industry has a major impact on the global economy.

As of 2024, the United States remains at the top of the list of the largest oil-producing countries in the world, with a daily production of 21.91 million barrels—around 22% of total global output. Apart from the United States, there are several other countries that also belong to the world’s biggest oil producers.

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List of the World’s Largest Oil-Producing Countries

1. United States

The United States still holds the top position with a daily oil output of 21.91 million barrels, which accounts for 22% of global oil production. This growth is largely due to advancements in hydraulic fracturing (fracking) and horizontal drilling, especially in shale formations found in Texas and North Dakota.

2. Saudi Arabia

Saudi Arabia, as the leader of the Organization of Petroleum Exporting Countries (OPEC), produces 11.13 million barrels per day, or around 11% of global production. With vast oil reserves and relatively low production costs, Saudi Arabia plays a key role in the global oil market and its trade strategies often influence global prices.

3. Russia

Another one of the world’s largest oil producers is Russia, with a daily output of 10.75 million barrels, equivalent to 11% of the global total.
Russia has vast oil fields in Siberia. Strategically located between Asia and Europe, it serves as a vital supplier—particularly to European markets.

4. Canada

Canada ranks fourth, though its production is about half that of Russia or Saudi Arabia. Canada produces around 5.76 million barrels per day, which is 6% of global oil production.
Canada’s oil primarily comes from oil sands in Alberta. Although extraction from oil sands is an intensive process, the country continues to increase its production capacity.

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5. China

China produces about 5.26 million barrels per day, which is roughly 5% of the world’s supply. While it’s the largest oil importer globally, China has managed to boost its domestic production, particularly from its major oil fields in the northeast.

6. Iraq

Iraq is one of the world’s leading oil producers with a daily output of 4.42 million barrels, or about 4% of global production. Despite political instability and security issues, Iraq continues to attract international investment in its oil sector.

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7. Brazil

Brazil produces 4.28 million barrels of oil per day, which is around 4% of the global output. Offshore oil reserves have significantly boosted Brazil’s recent production growth.

8. United Arab Emirates

Another major Middle Eastern oil producer is the United Arab Emirates (UAE), with daily output reaching 4.16 million barrels—around 4% of the global total. Most of its oil reserves are in Abu Dhabi, and with increased production capacity, the UAE is becoming a strong player in the global oil market.

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9. Iran

Iran also ranks among the largest oil producers in the world, producing 3.99 million barrels per day—around 4% of global output.
Despite facing economic sanctions that affect its exports, Iran remains a key player in the global oil market. Its oil is still exported to several countries with limited reserves.

10. Kuwait

Kuwait is the last on the list, producing around 2.91 million barrels per day or 3% of total global production. One of the largest oil fields in the world, Burgan Field, is located in Kuwait.
Indonesia is not included in the top 10 list of negara penghasil minyak bumi terbesar (largest oil-producing countries) in 2024. However, the country continues to increase its oil output year after year, gradually improving its global ranking.

According to the latest data, Indonesia ranks 21st globally, producing 845,000 barrels of oil per day—less than 1% of global output. This marks an increase from two years ago, when production was around 775,000 barrels per day, placing Indonesia at 24th.

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That concludes our list of the world’s largest oil-producing countries helping meet global oil demand. As of 2024, Indonesia ranks 21st, with daily production at 845,000 barrels of oil.