Unrest in the Middle East has put investors on high alert as crude oil prices move seemingly with every development in the region. In order to understand the effect of those events on both US and global oil markets, a key figure to watch is the amount of crude oil produced daily in each country.
10. Nigeria
Crude production: 2.51 million barrels per day
Share of world production: 2.95%
Daily crude exports to the US: 1.02 million barrels
Proven reserves: 37.2 billion barrels
09. Brazil
Crude production: 2.75 million barrels per day
Share of world production: 3.2%
Daily crude exports to the US: 271,000 barrels
Proven reserves: 12.8 billion barrels
08. United Arab Emirates
Crude production: 2.81 million barrels per day
Share of world production: 3.3%
Daily crude exports to the US: 10,000 barrels*
Proven reserves: 97.8 billion barrels
07. Mexico
Crude production: 2.88 million barrels per day
Share of world production: 3.39%
Daily crude exports to the US: 1.22 million barrels
Proven reserves: 10.4 billion barrels
06. Canada
Crude production: 3.7 million barrels per day
Share of world production: 4.3%
Daily crude exports to the US: 2.06 million barrels
Proven reserves: 175.2 billion barrels
05. Iran
Crude production: 4.2 million barrels per day
Share of world production: 4.9%
Daily crude exports to the US: 0
Proven reserves: 137.6 billion barrels
04. China
Crude production: 4.26 million barrels per day
Share of world production: 5.0%
Daily crude exports to the US: 8,000 barrels
Proven reserves: 20.4 billion barrels
03. United States
Crude production: 8.85 million barrels per day
Share of world production: 10.4%
Total crude imports: 8.63 million barrels per day
Proven reserves: 19.2 billion barrels
02. Russia
Crude production: 9.91 million barrels per day
Share of world production: 11.6%
Daily crude exports to the US: 158,000 barrels
Proven reserves: 60 billion barrels
01. Saudi Arabia
Crude production: 10.3 million barrels per day
Share of world production: 12.1%
Daily crude exports to the US: 1.08 million barrels
Proven reserves: 259.9 billion barrels