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Petroleum-producing countries usually have abundant petroleum resources, and often export it to various countries.
Petroleum is still often used as industrial fuel and also for vehicles, so its availability must still be maintained properly.
Over time, the need for oil and gas can affect human daily activities.
So, which countries are the largest oil producers in the world today? Here's the discussion.
List of the largest oil producing countries in the world.
- Venezuela
Being a member of OPEC, Venezuela is now the largest oil producing country on a global level with an extraordinary total reserves of 303.8 trillion barrels.
Despite having large total oil reserves, Venezuela was rumored to be experiencing an oil crisis.
Currently, Venezuelan oil companies PDVSA & Chevron have very large-scale oil and gas exploration both on land and at sea.
- Saudi Arabia
As if not running out until the end of time, Saudi Arabia is the second largest oil producer in the world.
Currently, Saudi Arabia's oil reserves reach 297.6 trillion barrels, which is relatively large for local and domestic needs.
Meanwhile, Aramco Company is fully the manager of petroleum.
- Canada
Although not far from the United States, Canada is the third largest oil producer in the world.
Canada's available oil reserves currently stand at 169.7 billion barrels, a sizeable amount.
One of the leading oil and gas companies in Canada, namely Petro Canada and Talisman Energy, operates in Indonesia.
- Iran
The next largest oil producing country in the world is Iran, which is located in the Middle East.
The population of oil reserves in Iran is currently quite large, amounting to 155.6 trillion barrels.
Besides being used for domestic needs, the oil from the mine is also often exported to various countries.
- Iraq
The country which borders Kuwait and Saudi Arabia is also the fifth largest oil producing country after Iran, which has oil reserves of 145 trillion barrels with an adequate population.
Most of Iraq's oil fields are on land with a desert climate.
- Russia
If you often watch football matches, the Kings of Arabia & Russia are always competing for their wealth.
There is no doubt that Russia, as one of the largest oil producing countries in the world, currently uses a total of 107.2 trillion barrels of oil reserves.
One of the oil and gas companies that are relatively popular in Russia is Gazprom which incidentally is a Russian state-owned company.
- Kuwait
The next largest oil producing country in the world is Kuwait which is in seventh position.
Kuwait's total oil reserves currently amount to 101.5 trillion barrels, a number that can be categorized as very large.
Generally, oil and gas companies in Kuwait are fully controlled by the local government so that they are well maintained.
- United Arab Emirates
The lifestyle of people in the United Arab Emirates, which can be said to be luxurious, is greatly influenced by the country's success as one of the largest oil producers in the world.
Oil and gas exploration in this country is not only used for domestic needs but is exported to foreign countries.
Currently, the total oil and gas reserves in the United Arab Emirates reach 97.8 trillion barrels.
- USA
Besides being known as a country rich in trade, industry and tourism, the United States is also known as a country rich in petroleum products.
There are many large oil and gas companies based in the United States such as Chevron and ExxonMobil.
Currently, the United States has total oil reserves of 68.9 trillion barrels.
- Libya
Libya, which survived the great war, does not rule out being known as the largest oil and gas producer in Africa.
The total oil and gas reserves in Libya currently reach 48.4 trillion barrels, of which most of the mining is carried out by onshore drilling.
Meanwhile, Libya's resources remain in good condition as it is fully controlled by the state.
These are some of the largest oil producing countries in the world, with large reserves for decades or even hundreds of years.
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