Top Oil-Rich Countries In The World

2. Mexico

Mexico’s petroleum industry is one of the largest industries in the world. The country is in the sixth place in terms of oil production. It is the second largest oil producer in the Western Hemisphere after United States and just ahead of Canada. However, Mexico is not a member of OPEC or any petroleum production related organizations.

The sector is crucial to the Mexican economy; while its importance has been reduced in recent years, oil revenues generate over 10% of Mexico's export earnings.

3. Angola

Angola produces and exports maximum petroleum than any other nation in sub-Saharan Africa. The country became an important member of OPEC (Organization of the Petroleum Exporting Countries) in 2007.

The country contributes 2.40 percent to the world’s oil production and produces up to 1.81 million barrels of crude oil per day. Angola ranks on the third place in list of countries that are oil-rich.

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