Oil is once again in the focus of economists and investors. The announcement by Russia and Saudi Arabia to extend their voluntary production cuts until the end of the year has pushed the price of crude oil above the US$90 a barrel barrier. In this context, do you know which country is the world's largest oil producer?

ANSWER 

United States. With a production of 17.8 million barrels per day in 2022, the American giant was responsible for 19% of global production. It was followed by Saudi Arabia with 12.1 million barrels per day (13% of global production) and Russia with 11.2 million barrels per day (12% of global production).