Russia Becomes the World's Largest Oil Producer in the First Quarter
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The United States that produced 5.1 million barrels of crude oil in the first quarter of this year was listed by the International Energy Agency as the world’s third-largest oil producer in the first quarter of this year, and the world’s fourth-largest and fifth-largest oil producing country and its daily crude oil production in May were Iran ( 4 million barrels) and China (3.8 million barrels).
According to statistics from the International Energy Agency, the world’s top 10 oil producing countries and their average daily production of crude oil in the first quarter of the first quarter of this year were Russia (the average daily production of crude oil in May was 9.5 million barrels/day), and Saudi Arabia ( 9.2 million barrels), the United States (5.1 million barrels), Iran (4 million barrels), China (3.8 million barrels), Mexico (2.9 million barrels), United Arab Emirates (6.2 million barrels), Kuwait (2.58 million barrels), Canada (2.5 million barrels) and Venezuela (239 million barrels).
In the first quarter of this year, five of the world’s top 10 oil producing countries are members of the Organization of the Petroleum Exporting Countries (OPEC). They are Saudi Arabia, Iran, the United Arab Emirates, Kuwait, and Venezuela.