I believe no single country produces 50 percent of the oil of this world
spain
that is a very tricky question to understand but as I understand it the South America, Africa and the Eurasian continents all have countries who produce their own oil therefore they don't necessarily use the world's oil...
3 percent
The US is the third largest oil producing country in the world, but we use about double the amount we produce, so we are also one of the biggest importers of oil. So, yes and no.
See the link : http://www.opec.org/library/FAQs/PetrolIndustry/q4.htm
Not produced, extracted. About 12%.
Iraq can produce up to 3.4 million?æbarrels of crude oil per day. They supply 3.75 percent of the worlds oil.
Rwanda is listed as an olive oil producing country.
In 1990, Saudi Arabia controlled approximately 25 percent of the world's oil reserves. This significant share positioned the country as a key player in the global oil market, influencing prices and production levels. Saudi Arabia’s vast reserves contributed to its status as a leading member of the Organization of the Petroleum Exporting Countries (OPEC).
Malasia, Indonesia and Nigeria
Saudi Arabia produces most oil.
27%