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| Top 10 Oil Producing Countries in 2016 (barrels) |
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| Top 10 Countries by Oil Reserves in 2017 (millions of barrels) |
Monday, April 16, 2018
Top 10 Oil Producing Countries
Top 3 oil producing countries in 2016 were Russia, Saudi Arabia and USA. Taking into account oil shale revolution in USA, there are predictions USA is going to be top oil producer in the next few years. Comparing oil producing with oil reserves countries, it could be concluded there are countries with modest oil reserves like USA and Russia but huge oil production and on the other hand there are countries with huge oil reserves like Venezuela but relatively small oil production.
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Top 10 Oil Producing Countries
Top 3 oil producing countries in 2016 were Russia, Saudi Arabia and USA. Taking into account oil shale revolution in USA, there are predicti...
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Top 3 oil producing countries in 2016 were Russia, Saudi Arabia and USA. Taking into account oil shale revolution in USA, there are predicti...
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