Saudi Arabia Country Analysis Brief — Jan 4, 2011: “Saudi Arabia has approximately one-fifth of the world’s proven oil reserves, and is the largest oil producer and exporter of total petroleum liquids in the world. The country maintains the world’s largest crude oil production capacity, estimated by EIA at over 12 million bbl/d at end-2010. That year, the country produced an average of 10.2 million bbl/d of total oil (8.4 million of which was crude). For all the latest information on Saudi Arabia, please see our updated Country Analysis Brief.”