Russia had retained its position as the #1 world's largest producer of Crude Oil by producing 9.44 million barrels of Crude Oil/day in 2007. 2nd place Saudi Arabia produced 8.72 million barrels of Crude Oil/day in 2007, the 2nd straight year of a decline in production, which pushed them to 2nd place in 2006 after having held the #1 position since 1992.