Fortune | This Is the World's New Top Producer of Crude Oil Fortune Citing figures from the Joint Organization Data Initiative, Bloomberg reports that first place now falls to Russia, which produced on average 10.49 million barrels of oil a day in December. By contrast, the average daily volume of oil extracted from ... Biggest Gasoline Glut In 27 Years Could Crash Oil Markets Oil prices push higher, lifted by decline in Saudi exports Saudi Arabia Breaks Records on Oil Exports and Output for Year |