Monday, 2 June 2014

Which Country Exports the Most Oil


Even with the initiation of green economy, oil is still considered a precious commodity that has the power and ability to create the fortunes of different nations around the world. Number of Fuel markets have abundance of causes to be spooked. Libya is considered the home of Africa’s Crude oil reserves than all other African nations. Today no one can deny the importance of Fuel due to the world’s largest running commodity. There is no country having no fuel consumption but their production, import and export vary from each other. Currently Russia is the largest oil-producing country with more than 10,730,000 BB/per day and contributing to 12.65% in global fuel output. Russia has world’s leading Petroleum industry. It is the largest natural gas exporting nation in the world. Similarly it is considered world’s third largest energy-consuming nation too so by the figures of export, Saudi Arabia leads Russia exporting 7,635,000 barrels of refined oil each day.KSA produces 10.3 Million Barrels per day in totals - See more at:

Rank
Country
Oil Exports (BB/Day)
1.
Saudi Arabia
7,635,000
2.
Russia
5,010,000
3.
Iran
2,523,000
4.
United Arab Emirates
2,395,000
5.
Norway
2,184,000
6.
Iraq
2,170,000
7.
Kuwait
2,127,000
8.
Nigeria
2,102,000
9.
Canada
1,929,000
10.
United States
1,920,000

© WhichCountry.co.

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