Leading the way in global oil production in 2017 was the USA, which represented about 13.4% of the worldвЂ™s total oil output. Who are the Largest Oil Producing Countries? Read more: Top 10 Wheat Producing Countries

Source: US Energy Information Administration (EIA) *2017 production in million barrels per day Top 10 Oil Producing Countries in the World 2018 Moreover, South & Central America, Africa, and the Asia Pacific all had declines in their oil production, falling by 1.5 million b/d, with the largest declines in China (-310,000 b/d) and Nigeria (-280,000 b/d). After the biggest increase in 2016, oil production in the Middle East fell byВ 250,000 b/d from the previous year, but Iran, Iraq, and Saudi Arabia вЂ“ the largest oil producing countries in the Middle East вЂ“ still contributed the largest shares in the regionвЂ™s oil production in 2017. However, the top oil producing countries are expected to continue dominating the global market going forward, even facing great competition from new factors.Дriven by some of the largest oil producing countries in these regions, oil production in North America and Africa witnessed the biggest increase in 2017, rising byВ 820,000 b/d and 390,000 b/d respectively. According to the latest oil industry studies released by BP, global oil production totaled 92.65 million barrels per day (b/d) or a total 4,387 million tonnes in 2017, increasing marginally 0.7% from previous year, which was also one of the lowest production growth rates since 2013. Despite the rising solar power output from worldвЂ™s top solar energy producing countries, global oil production continues to be dominated by the worldвЂ™s top oil producing countries in 2018 - led by the USA, Saudi Arabia, Russia, China and Canada -and their leadership in the global oil industry is expected to remain strong in the near future.

Oil exporter countries