📈 Global Crude Oil Production (2024)

Global crude oil and condensate production reached 82.8 million barrels per day in 2024, with the United States leading as the world’s top producer at 13.2 million barrels per day. Russia followed with 10.2 million, and Saudi Arabia ranked third with 9.2 million. These three countries alone accounted for nearly 40% of global output. Other major producers included Canada (5.1 million), and Iran, Iraq, and China (each 4.3 million). In South America, Brazil led the region with 3.6 million barrels per day. Most of the world’s oil production was concentrated in North America, the Middle East, and parts of Eurasia.