Top 5 Oil Producing Countries in 2023

4. Canada

Oil Production: 5,576,000 Barrels Per Day

Market Share: 5.9%

Oil production is a major industry in Canada which also plays a vital role in the overall economy of North America. Athabasca oil sands deposit in Alberta, Canada ranks among some of the largest, most developed oil sands deposits in the world. Canada produces more than 5.57 million barrels of oil per day.