Money & Markets1965–2024
Oil Production by Country
The oil board is a half-century of booms, embargoes, collapses and shale. Saudi Arabia and Russia dominate long stretches, but the United States returns to No. 1 after 2010 as shale rewrites the energy map.
1×
Source: Energy Institute via Our World in Data Oil production measured as terawatt-hours of energy equivalent. Includes crude oil, shale oil, oil sands, condensates and NGLs. Updated 2026-07-05