Top 5 oil fields still in Middle East

U.S. oil production on rise but OPEC still leads

Much has been made of the role hydraulic fracturing--or fracking--has played in revolutionizing the energy landscape, unlocking vast new reserves of oil trapped in shale rock. This tight oil is pouring into the global pool of oil supplies at a crucial time, preventing oil prices from spiking in an age of high demand and geopolitical turmoil.

But the world still relies overwhelmingly on conventional oil production from existing fields, many of which are in decline. The Middle East has dominated the world of oil for half a century and as the list below shows, it remains king. Click "next" for the top five most important oil fields in the world.

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