What country had the highest crude oil production in 2014?
The United States
The United States remained the world’s top producer of petroleum and natural gas hydrocarbons in 2014, according to U.S. Energy Information Administration estimates. U.S. hydrocarbon production continues to exceed that of both Russia and Saudi Arabia, the second- and third-largest producers, respectively.
Which country has most oil reserves?
Oil Reserves by Country
|#||Country||Oil Reserves (barrels) in 2016|
What are the top 10 oil reserves in the world?
Top ten countries with the largest oil reserves in 2019
- Venezuela – 304 billion barrels.
- Saudi Arabia – 298 billion barrels.
- Canada – 170 billion barrels.
- Iran – 156 billion barrels.
- Iraq – 145 billion barrels.
- Russia – 107 billion barrels.
- Kuwait – 102 billion barrels.
- United Arab Emirates – 98 billion barrels.
What countries have the highest oil reserves?
– Nigeria – 37.07 Billion Barrels. – Libya – 48.36 Billion Barrels. – Russia – 103.2 Billion Barrels. – Iraq – 144.2 Billion Barrels. – Iran – 157.8 Billion Barrels. – Saudi Arabia – 268.3 Billion Barrels. – Venezuela – 298.4 Billion Barrels.
Which state has the most oil reserves?
Texas. It’s no surprise that Texas is the largest domestic producer of oil as this state has had a culture associated with the oil business for more than century.
What is the biggest oil reserve in the world?
Oil reserves denote the amount of crude oil located in a particular region that can be recovered with current technological constraints and at a cost that is financially feasible at the current price of oil. Venezuela has the largest amount of oil reserves in the world with 300.9 billion barrels.
Where is the largest oil reserve in the US?
The OPEC member possesses the world’s largest oil reserves, estimated to be around 304 billion barrels or enough crude oil to meet global consumption for roughly 8 years. Most of Venezuela’s