Archive · 21 Jul 2026
Top 10 Oil Producing Countries in 2026
In 2026, the world uses over 100 million barrels of oil every day.
This oil is used for transportation, like planes and trucks, and to make many everyday products.
The top 10 countries produce about 73% of the world's oil.
OPEC, a group of oil-producing countries, and its allies make up about 55% of the world's oil.
The USA is the leading oil producer, while Kuwait is the lowest among the top 10.
Global oil consumption exceeds 100 million barrels per day.
Top 10 oil-producing countries generate 73% of the world's supply.
OPEC members contribute nearly 32% of the global oil supply.
OPEC and its allies account for 55% of total crude production.
The USA leads oil production, with Kuwait closing the list of top 10 producers.
- Who
- Top 10 oil-producing countries and OPEC members
- What
- Global oil production and consumption
- When
- January 2026
- Where
- Worldwide
- Why
- To meet global demand for oil and its various applications
OPEC's Influence
Non-OPEC Producers
Market Control
OPEC's Influence
OPEC and its allies control about 55% of global crude production, allowing significant influence over oil prices and market stability.
Non-OPEC Producers
Non-OPEC producers, including the USA, contribute a substantial portion of global oil supply, reducing OPEC's dominance.
- Global Daily Oil Consumption
- More than 100 million barrels
- Global Daily Oil Production (January 2026)
- 84.5 million barrels
- Top 10 Producers' Share
- 73% of global supply
- OPEC's Share
- 32% of global supply
- OPEC+ Share
- 55% of global crude production