Top 5 Oil Producing Countries in 2022

4. Canada

Crude oil production for 2021: 4,439,000 barrels per day

Although it isn’t known for being a major oil producing country, Canada is actually the fourth biggest oil producer in the world given its crude oil production of 4.439 million barrels per day for 2021. One reason for Canada’s substantial oil production is that the country has the fourth most proved oil reserves in the world with 168 billion barrels although the majority of the reserves are in more expensive to extract oil sands.