Top 5 Oil Producing Countries in 2023

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1. United States

Oil Production: 17,770,000 Barrels Per Day

Market Share: 18.9%

The United States tops our list of the top 30 oil producing countries in 2023. According to the most recent reported data, the US produces around 17.77 million barrels of oil daily, making it the world’s top oil producer. The oil industry in the US supports millions of jobs while also contributing greatly to the country’s GDP. 

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