Which are the top 10 oil producing countries in the world?

The major oil producing countries are:1, Venezuela, 2, Saudi Arabia 3, Canada, 4, Iran , 5, Iraq, 6, Kuwait, 7, A League of Nations, 8, Russia, 9, Nigeria. More than one-third of the world's energy comes from oil, far more than any other source. As Kissinger famously said, "Whoever controls oil controls the world". Indeed, as the world's most important strategic materials, today's oil is equivalent to the ancient war in the "food". As the saying goes: "the troops and horses have not yet moved food and grass first", once the food and grass by the opponents of the pinch, the victory of the war will not be able to talk about. By the same token, in modern warfare, if the oil supply is cut off by the enemy, the traffic will be immediately paralyzed, no matter how advanced warplanes, tanks and other equipment, instantly become a pile of scrap metal. Therefore, from the Second World War, almost all countries are very important to this strategic resource.

1, Venezuela

Venezuela is located in the northern part of South America, is a very rich oil resources of the country, the amount of oil has been more than 300 billion barrels, although the amount of oil in the world's first, but it is still a very poor country, because of its poor quality of petroleum, also extremely difficult to exploit. Venezuela has proven oil reserves of 304 billion barrels, more than the Middle East, which is considered to be "rich in flowing oil". It accounts for 17.8 percent of global reserves, with 2.38 million barrels of oil per day and 746,000 barrels of oil consumed daily, a reserve that will last it 1,116 years.

Why is the Middle East, which also has inexhaustible oil, "oil-rich", poor crude oil quality and difficult to extract. Although Venezuela's reserves are the largest in the world, the oil resources nearly 10,000 meters deep underground are of poor quality and high sulfur heavy oil. This kind of crude oil is hidden deep underground in the form of oil sands, which is not only extremely difficult to extract, but also extremely expensive. And it must be refined and blended before it can be exported. Compared to light oil, the quality is much worse, and it can only be sold to some economically backward areas by relying on a low price strategy. The secondary addition caused by the difficulty of extraction and the poor quality of oil seriously affects the productivity and cost of Venezuelan oil. On the premise of the world's abundance of light crude oil, oil and gas extraction companies are certainly not willing to extract heavy oil. Secondly, investment in facilities is low and extraction and refining technologies are backward. Like Saudi Arabia, Venezuela's initial oil extraction system relied on European and American oil companies. They leased land to European and American oil companies and collected rent and dividends themselves. As a result, a large amount of oil profits were taken by foreign companies. So Venezuela wants to regain control of its oil and since the 1970s has made it a rule that new oil fields can only be exploited by the Venezuelan state oil company. Taxes and rents for foreign oil companies have been increasing, even 90% of their profits have been levied. Unprofitable foreign investment can only be withdrawn in large numbers, and Venezuela has been subjected to sanctions by various countries. And Venezuela's oil extraction technology is stuck in the 1970s. Corresponding to the high cost of extraction is the low level of oil smelting. The natural profit of these low-end oil varieties is extremely low. As a result, despite having the largest oil reserves, revenues from oil sales are simply not comparable to those of other countries.

Of course, Venezuela's poverty and U.S. sanctions have a lot to do with it. Because it is located in Latin America, but everywhere and the United States confrontation, so Venezuela's oil exports are full of U.S. sanctions. In addition to Cuba, South American countries are afraid to trade with it. And sold to other continents, the high cost of transportation, more than worth it.

2, Saudi Arabia

Saudi Arabia is one of the world's largest oil reserves, its production and storage are located in the world's first, with the world's largest oil fields on the road and offshore oil fields, its oil production reached 266.5 billion barrels, is a real oil country. "Head a piece of cloth, the world my richest", talking about Saudi Arabia, I guess no one does not know, this far away from the Middle East countries because of the rich oil resources, and a variety of fancy show off the rich news and famous all over the world. Saudi Arabia, located in West Asia, east of the Persian Gulf, west of the Red Sea, Saudi Arabia is a veritable "oil kingdom". The Middle East is the world's largest oil reserves, production and export of oil in the region, the Middle East oil is mainly distributed in the Persian Gulf and coastal areas, their own consumption of oil is very small, the Middle East produced more than 90% of the oil by the Persian Gulf coastal ports with cruise ships to western Europe, the United States, Japan, China and other countries and regions.

At present, Saudi Arabia has proven oil reserves of 298 billion barrels, accounting for 17.85% of global reserves, daily oil production of 10.52 million barrels, daily oil consumption of 2.64 million barrels, the reserves can be used for 309 years. Although, Saudi Arabia's proven oil reserves are slightly lower than Venezuela's, its oil is located in traditionally accessible wells, which are themselves located within vast oil fields. Saudi Arabia's oil reserves account for more than one-fifth of the world's conventional oil reserves. With increased exploration efforts, Saudi Arabia is likely to regain the top spot. The U.S. Geological Survey predicts there could be more than 100 billion barrels of oil hidden under the Saudi desert, yet to be discovered and exploited.

300 used, a veritable oil powerhouse.

3, Canada

Canada is the world's third largest oil producer, its oil is mainly distributed in Alberta, its oil production between 1697, in fact, Canada's oil production is very low, because of its mining is very costly manpower and financial resources, but it is very good quality of the oil a talk about oil we will be Think of the Middle East, know that the Middle East has a lot of oil. Many countries in the Middle East have become rich with oil and have reached the peak of their lives. We don't think of Canada as having oil. In fact Canada has more oil than we can imagine.

Currently, Canada has proven oil reserves of 170 billion barrels, accounting for 9.8% of global reserves, daily oil production of 3.48 million barrels, according to the daily oil consumption of 2.21 million barrels of oil, its oil storage can be used for its use for 210 years.

But, Canadian oil is not as high as Saudi Arabia and Venezuela concern, on the one hand, because Canadian oil is mainly distributed in Alberta, but Alberta's oil resources, although rich, but high density, high impurities, high extraction costs of oil sands, it is difficult to carry out mining, so in the production is far less than Saudi Arabia and Venezuela. On the other hand, Canada's oil lack of vitality, poor circulation, and many companies are U.S. headquarters, equivalent to a "colony" nature of the oil-producing blocks, the profit is maximized by the squeeze. In other words, the development of Canada's oil industry is very poor. According to the data, 98% of Canada's crude oil is exported to the United States, and Canada currently has only four pipelines, 5/6 of the pipeline capacity is shipped to the United States, the only pipeline to the port of destination is by sea to the United States, the United States outside the destination of the export accounted for only 0.8% of all exports. As you can see, Canada's crude oil has never been able to fetch a good price, and the power of speech is the equivalent of being firmly in the hands of the US.

4, Iran?

Iran is the world's fourth oil producer, its oil is mainly located in the world's richest oil and gas in the eastern region, oil production reached 157.4 billion barrels, had been transported for China about 20 million tons of oil, but also one of the world's oil-rich countries Lang, is located in West Asia, the north adjacent to Armenia, Azerbaijan, Turkmenistan, the west with the Turkey and Iraq to the north, Pakistan and Afghanistan to the east, and Kazakhstan and Russia across the sea to the south, bordering the Persian Gulf, the Strait of Hormuz and the Gulf of Oman. Iran's oil production history is more than 100 years old, and the country's oil reserves could last another 100 years if extraction continues at the current rate. Iran's oil is spread over some 150 fields, many of which are also important sources of petroleum, crude oil and natural gas. Iran currently has 156 billion barrels of proven oil reserves, accounting for 9 percent of global reserves, and produces 4.25 million barrels of oil per day, which can be stored for 202 years.

In 2012, the United States and the European Union imposed an embargo on Iranian oil, superimposed on the restrictions on foreign investment in its oil and gas projects, Iran's investment and cooperation, technology inputs and hardware facilities are restricted, and production fell sharply to a minimum of 2.7 million barrels a day. 2021 to the present, Iran has managed to increase exports despite the sanctions. As is known, the U.S.-Iran negotiations have been protracted, since April 2021, the United States and Iran in Vienna held eight rounds of indirect talks, Iran aims to restore the agreement, lifting the sanctions in exchange for its limitations on the development of nuclear programs; the United States aims to curb the price of oil to ease the response to the status quo of high domestic inflation. The recent U.S.-Iranian gesture of mutual trust to release optimism, superimposed on the United Kingdom, France, Germany, China, Russia and the abolition of sanctions with a positive attitude, the U.S. and Iran to reach an agreement is only one step away.

5, Iraq

Iraq is located in southwestern Asia, the oil industry is the country's spiritual pillar, by virtue of its geographic conditions hair, oil, natural gas resources, its oil production is also rich in abundance, about 142.5 billion barrels, but also one of the top ten countries in oil reserves. Iraq, located in West Asia, north of Turkey, east of Iran, west of Syria, Jordan, south of Saudi Arabia, Kuwait, southeast of the Persian Gulf, with a land area of about 437,000 square kilometers. Iraq has proven oil reserves of 145 billion barrels, accounting for 8.4% of global reserves, and produces 2.64 million barrels of oil per day, with storage that will last it 453 years. Once upon a time, among the many landed gentry of the Arab world, Iraq was the only country that lacked neither money nor water. With its glorious history, unique oil resources, and fertile Mesopotamian plains, Iraq has naturally shown rapid development since its independence.In the early 1970s, oil-producing countries in the Arab world embarked on a campaign of nationalization of oil, and Iraq was no exception, as the oil industry, which had originally belonged to foreign companies, was nationalized, and the oil-producing countries, which had originally only a small amount of lease payments, saw their revenues skyrocket and gradually develop.

It can be said that if it were not for the fact that Iraq's ambitions swelled after it became rich, and it successively started the Iran-Iraq war and the war of aggression against Kuwait, the Iraqis could have enjoyed the same welfare benefits as the Saudis, even if they were lying down and not working, and they could have been clothed and fed without any worries, thanks to the rich soil and the rich oil resources.

The once-rich Iraq has been devastated by a protracted war. Since then, Iraq, which is practically floating on oil, has not only lost the welfare benefits of the past, but in many cases, it doesn't even have enough food to eat.

6, Kuwait

Kuwait is a very rich oil and natural gas reserves are very rich region, its proven oil reserves of 14 billion tons, about 15 barrels, occupying the world's oil reserves of 10.8% of the country's oil companies are also recognized as the world's top oil companies.

7, Allianz You

Allianz You is also the largest oil exporting countries, with its oil production, has become a veritable rich country, its oil is mainly concentrated in the Zakum oil field, oil production of 13.34 billion tons. That's about 105 billion barrels.

8, Russia

Russia is not only the world's largest country is also very rich in oil and natural gas resources in the country, mainly concentrated in the Siberian steppe, followed by the Volga Urla, as the world's largest oil reserves countries, its proven oil volume of up to 107.8 billion barrels. Ross, located in the northern part of the Eurasian continent, the land across the two continents of Europe and Asia, is the world's largest country, the territory of the oil is mainly distributed in the Yakutia and Sakhalin two major oil and gas basins.

Currently, Russia has proven oil reserves of 60 billion barrels, accounting for 6.2 percent of global reserves, with a daily oil production of 10.7 million barrels and a daily oil consumption of 2.2 million barrels, whose reserves will last it 113 years.

Based on regional divisions, Russia's richest oil-producing region is located in Western Siberia, the country's most productive producing area, which accounts for about 77 percent of the region's total production and about 45 percent of the country's total production.The Samotler field is the largest in the autonomous region and Russia's largest oil field.

The Volga-Urals, Russia's second-largest oil region after Western Siberia, is named after the famous Urals Blend oil, a large field in the Volga-Urals known as Romashkinskoye, and the region as a whole is characterized by a general aging of the oil fields.

So, at present, the center of crude oil resources exploration and development gradually shifted to the east, East Siberia may become the main source of the future incremental crude oil in Russia.

In recent years, Europe and the United States on the Russian oil and gas industry sanctions are mainly aimed at East Siberia and the Far East region of the offshore resources as well as the development of difficult to extract resources, the Russian government has taken a series of countermeasures, to promote the technological progress of the country's oil and gas industry, and gradually get rid of the European and American countries rely on the equipment and technology dependence.

9, Nigeria

Nigeria is the most populous country in Africa, but also the country with the most oil in Africa, the country is not only very economically developed, but also very rich in resources, and its oil production of about 372 barrels, but also the world's most oil one of the top ten countries.

Oil, an energy source, its emergence, marking the human race from the agricultural civilization smoothly to the industrial civilization and industrial post-industrial civilization of the development of progress, it is an important raw material for industry, known as the blood of the industry and economic development of the power of the propellant, oil, which provides mankind with a new state of life and change the way of life of mankind, oil has also become the human race and the world's countries of the sought-after goods.