5 Countries That Produce the Most Oil In The World

3. Russia

Oil Production: 11,202,000 Barrels Per Day

Market Share: 11.9%

Russia, the world’s largest country by area, ranks third on our list of 20 countries that produce the most oil in the world. Russia is home to one of the largest oil industries in the world. According to recently reported data, Russia produces over 11.2 million barrels of oil per day.