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Which country is the fourth biggest supplier of oil?

Which country is the fourth biggest supplier of oil?

According to the EIA, Iran holds the world’s fourth largest proven oil reserves and the world’s second largest natural gas reserves. Despite the country’s abundant reserves, Iran’s oil production has substantially fallen in recent years, and natural gas production growth has been slower than expected.

Who are the top 4 oil-producing countries?

According to the most recent data, the top five oil-producing nations are the United States, Saudi Arabia, Russia, Canada, and China. The United States overtook Russia in 2017 for the second-place spot and surpassed former leader Saudi Arabia a year later to become the world’s top oil producer.

What is the fourth largest oil exporter in the world?

Searchable List of Crude Oil Exporting Countries in 2020

Rank Exporter Crude Oil Exports (US$)
1. Saudi Arabia $113,748,793,842
2. Russia $72,564,294,000
3. Iraq $50,828,799,000
4. United States $50,285,962,000

Who are the top 3 oil consumers?

The Top Ten: Top Oil Consumers

Rank Consumers Total Oil Consumption
1. United States 20
2. China 13.6
3. India 4.3
4. Japan 3.9

Who is the largest supplier of oil in the world?

What countries are the top producers and consumers of oil?

Country Million barrels per day Share of world total
United States 18.60 20%
Saudi Arabia 10.82 11%
Russia 10.50 11%
Canada 5.26 6%

Who is the biggest oil producer in the world?

What is the biggest oil company in USA?

ExxonMobil
ExxonMobil is the largest United States-based oil and gas producing company. In the latest reporting period before August 2021, ExxonMobil generated 214.66 billion U.S. dollars in revenues.

Who is the biggest oilfield service company?

World Top Oil Field Services Companies List by Market Cap as on Sep 1st, 2021

  • SCHLUMBERGER. World Rank (Sep-01-2021)
  • BAKER HUGHES COMPANY. World Rank (Sep-01-2021)
  • HALLIBURTON COMPANY. World Rank (Sep-01-2021)
  • LOEWS CORPORATION.
  • CHINA OILFIELD SERVICES.
  • YANTAI JEREH OILFIELD SERVICES GROUP.
  • WORLEY.
  • VALARIS.

Who are the largest oil and gas companies in the world?

The Sinopec Group in China is one of the world’s most profitable companies as well as one of the largest oil and gas companies. In 2018, the company generated 432.54 billion U.S. dollars in revenue.

Which is the second largest oil company in the world?

After Saudi Aramco, Exxon Mobil is the second-largest oil company in the world by market value even though Exxon Mobil is more than 10 times smaller than the Saudi Arabian company. 1-Year Trailing Total Return: -19.5%

Which is the sixth largest oil exporter in the world?

Oil production and its supporting activities contribute to approximately 45 percent of Angola’s gross domestic product ( GDP) and around 95 percent of its exports. Since joining OPEC in 2007, Angola has become the cartel’s sixth largest oil exporter. 9. Nigeria

Which is the largest independent oil refining company in the world?

One of the world’s largest independent petroleum refiners, Valero’s activities is predominantly based around refining crude oil as – opposed to drilling – and selling the product through its 6,800 retail outlets. Formerly know, as Valero Refining and Marketing company, Valero was founded in 1980.