1. Saudi Arabia The world's largest oil producer and exporter Saudi Arabia contributes 20,687 thousand barrels of oil per day to the world's oil basket. Being the largest producer it exports about 8,525 thousand barrels per day.
The nation is also the world's 10th largest consumer of oil with consuming about 2,139 thousand barrels per day. 2. Russia With 9,677 thousand barrels of oil produced per day the world's 2nd largest producer Russia is also the world's 4th biggest consumer of oil consuming about 2,811 thousand barrels of oil per day. It rakes in huge money by exporting 6,866 thousand barrels of oil per day as the world's 2nd largest net exporter. 3.United States The US producing about 8,330 thousand barrels of oil per day is world's top oil consumer and importer with the consumption of 20,687 thousand barrels of oil per day and imports accounting around 12,357 thousand barrels of oil per day. 4. Iran Iran produces 4,148 thousand barrels of oil per day as the world's 4th largest oil producer, exporting 2,462 thousand barrels of oil per day. 5. China One of the world's most populated nation China also accounts among the world's largest oil producers. Ranking 5th in the league of world's highest oil producers it produces 3,845 thousand barrels of oil per day, consuming about 7,201 thousand barrels per day. The nation is also the world's 2nd largest oil consumer. To fulfill its requirement it imports about 3,356 thousand barrels of oil per day becoming the world's 3rd largest net importer. 6. Mexico The world's 6th largest oil producer, Mexico produces 3,707 thousand barrels of oil per day. It is the 10th largest net exporter of oil in the world exporting about 1,710 thousand barrels per day. 7. Canada Canada produces about 3,288 thousand barrels of oil per day. It is also the 7th largest oil consumer of the world consuming about 2,264 thousand barrels of oil. 8. United Arab Emirates Accounting for 2,945 thousand barrels of oil produced per day, UAE exports about 2,564 thousand barrels per day which makes it the world's 3rd largest net exporter. 9. Venezuela Producing around 2,803 thousand barrels per day it is also the world's 7th largest net exporter, exporting about 2,183 thousand barrels of oil per day. 10. Norway Norway being the 10th largest oil producing nation of the world produces around 2,786 thousand barrels per day. N.Sukumar Research Analyst www.kences1.blogspot.com --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
