2nd October 2019


Who consumes the most oil in the world?

The United States. The United States, the world's biggest oil consuming country, consumed 18.5 million barrels of oil per day (mbd) in 2012, which accounted for nearly 20% of the world's total oil consumption per day. The highest level of oil consumption in US history was 20.8mbd, which occurred in 2005.

Keeping this in consideration, which country in the world produces the most oil?

Top 10 Oil Producing Countries In The World: Where's The Greatest Petroleum Dominion?
  • Iran – 4.13 million barrels per day.
  • China – 4.19 million barrels per day.
  • Russia – 10.3 million barrels per day.
  • United States – 10.59 million barrels per day.
  • Saudi Arabia – 11.75 million barrels per day.

Which country has the largest oil production?

Saudi Arabia has almost one-fifth of the world's proven oil reserves and ranks as the largest producer and exporter of oil in the world.
  • CANADA. Proven oil reserves: 173.105.
  • IRAN. Proven oil reserves: 154.58.
  • IRAQ. Proven oil reserves: 141.35.
  • KUWAIT. Proven oil reserves: 104.
  • LIBYA.

Who is the largest oil company in the world?

The Five Biggest Oil Companies In The World
  • Saudi Aramco. Saudi Aramco is the largest and leading world oil company in Dhahran, Saudi Arabia.
  • Sinopec.
  • China National Petroleum Corporation.
  • Petro China.
  • ExxonMobil.
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