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This is a great starting point for an informative piece. To help you structure this, I have gathered the most current data for 2026.Global oil production has reached record levels recently, but the market is currently in a state of “oversupply,” meaning more oil is being produced than the world is actually using.
1. Global Production Volume (2026)
As of early 2026, total global production of “liquid fuels” (which includes crude oil, condensates, and biofuels) is approximately 107 to 108 million barrels per day (b/d). To put that in perspective, a single “barrel” is 42 gallons (159 liters). The world is essentially producing enough oil every day to fill over 6,800 Olympic-sized swimming pools.
2. How is Production Divided Up?
The “division” of oil production is usually viewed through two lenses: by organization and by country.By Organization (The Power Blocs) * Non-OPEC+ Countries (The Growth Leaders): This group, led by the United States, Canada, Brazil, and Guyana, now produces the majority of the world’s oil (roughly 60-65%). These countries have driven most of the recent supply growth. * OPEC+ (The Quota Managers): This group (led by Saudi Arabia and Russia) accounts for about 46% of global production. They often try to limit their production to keep prices from falling too low.By Country (The Top 5 Producers)The “Big Three” (USA, Saudi Arabia, and Russia) dominate the market, together producing about one-third of the world’s total supply.| Rank | Country | Approx. Daily Production (2025/2026) |
Share of World|
United States | ~20.9 Million b/d | ~20% || 2 | Saudi Arabia | ~11.1 Million b/d | ~11% || 3 | Russia | ~10.7 Million b/d | ~10% || 4 | Canada | ~5.8 Million b/d | ~6% || 5 | China | ~5.2 Million b/d | ~5% |>
Note on Venezuela:
While Venezuela has the world’s largest reserves (oil in the ground), its actual production is currently less than 1 million barrels per day due to political instability and infrastructure issues.>
3. How the “Division” is Changing in 2026
* The Oversupply Gap: Production is currently outstripping demand by about 2 to 3 million barrels per day. This has caused oil prices to drop significantly (Brent crude is currently hovering around $60/barrel). * New Players:
Countries like Guyana are seeing massive growth, moving from zero production a few years ago to nearly 1 million barrels per day in 2026.Next Steps for Your WritingSince you asked “how it is divided up,” are you planning to write about the geopolitics (who has the power) or the logistics (how the oil physically moves from producers to consumers)?
Editors note: Ai
Political shift is in somewhat in vogue at this moment. It comes on the heels of a worldwide pandemic and a lot of difficulty over warming. Take everything with a grain of salt. However, statistics are valuable when you consider context. K
Image is a Public Relations dynamic that is often expensive, and troubling in some instances.
Kevin Griffiths
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The Proprietor Review 