Key Takeaways
- North America is the world’s largest oil-producing region in 2025, generating over 31 million barrels per day, equal to nearly 30% of global supply.
- The Middle East produces over 29% of the world’s oil, led by Saudi Arabia and Iran.
- Europe, excluding Russia, produces less than 4% of total oil production, the smallest share by region.
The world produced roughly 106 million barrels of oil per day in 2025, according to estimates from the U.S. Energy Information Administration (EIA). Just two regions dominate global supply. North America and the Middle East together produce nearly 60% of the world’s oil, underscoring their outsized influence on energy markets.