Definition: This entry is the total oil produced in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2014See also: Oil - production map
Asian dominance of world fisheries production to increase
undercurrentnews - 7/3/2015 4:12:03 PM
World fish production is projected to increase ... some growth of harvest in those few countries not subject to strict production quotas; declining oil prices and enhanced utilization of fishery production through reduced discards, waste and losses as ...
Iran Projects Oil Exports to Almost Double After Sanctions Lifted -- Official
Wall Street Journal - 7/5/2015 12:27:47 PM
Iran’s oil reserves are the fourth in the world and its production capacity stands at ... Iran’s oil minister Bijan Zanganeh informed other OPEC ministers his country’s production would increase if sanctions are lifted and offered to reinstate ...
Oil Rigs Increase by 12 to 640 in First Gain This Year
Bloomberg - 7/2/2015 6:14:56 PM
It indicates that any production decline may only last for ... late last year as the Organization of Petroleum Exporting Countries, which accounts for more than a third of the world’s oil, resisted calls to curb its own supply. The 12-nation group ...
Stop wasting money on coal and oil for energy production
MyBroadband - 7/4/2015 2:02:01 PM
The world is starting to realise that fossil ... To achieve this, direct subsidies for the production and consumption of oil, coal and gas must end, as the G20 group of countries with the largest economies have made clear at their last few annual summits.
US Crude Oil Pricing & Supply
Forex Street - 7/3/2015 9:24:02 AM
Looking at the chart for the USA and the next Top 5 Petroleum producing countries we can see the ... some loosening of those sanctions and more Oil supply. Saudi Arabia has the world’s largest Crude Oil production at just over 11 million barrels per ...
CNOOC's new output to lift China's oil production from 2014 record
Reuters - 7/3/2015 4:16:14 AM
China's 2015 crude production to rise ... aims to increase daily domestic oil and gas output in China by at least 135,000 barrels of oil equivalent by the end of 2015, according the company's 2015 outlook. China, the world's fourth biggest oil producer ...
Nigeria crude oil export rises by 60,000 bpd in June 2015: report
customstoday.com.pk - 7/4/2015 6:26:53 PM
ABUJA: Nigeria’s crude oil supplies ... boe/d of production deferred due to illegal interference with pipelines and other illegal activities such as theft of well head equipment,” it added. However, Reuters report indicated that the countries with ...
Egypt raises gas price paid to Italy's Eni and Edison - EGAS official
Ghana Web - 7/5/2015 12:27:47 PM
Egypt has raised the prices it pays Eni and Edison for the natural gas they produce in the country ... deal with Eni. Oil minister Sherif Ismail told Reuters in March that Egypt had agreed to pay BP and RWE Dea more for their Egyptian production.
$76 oil seen until 2025
MENAFN - 7/5/2015 9:00:11 AM
The report recommends that the Opec return to a production quota system that it abandoned in 2011 after fights over how much each country would ... against cutting oil output unilaterally because the group has lost its role as the world’s swing producer.
The countries slammed worst by plunging oil prices
CNBC - 12/5/2014 5:57:56 PM
The drop has taken a multibillion-dollar bite out of the world economies that depend heavily on oil production ... in countries which are net oil importers," he added. "Consumers will spend at least half the money they gain from the fall in oil prices."
Oil gets new cap – US Frackers add drilling rigs, profitable under $60
biznews.com - 7/3/2015 8:08:17 PM
(Bloomberg) — For the first time in almost seven months, America’s shale drillers put rigs in oil fields back to ... of Petroleum Exporting Countries. The 12-nation group, which accounts for more than a third of the world’s crude supply, has resisted ...
Will Latin America chart a different, more sustainable path for palm oil?
Public Radio International - 7/2/2015 12:45:39 PM
Indonesia and Malaysia currently produce the vast majority of the world ... countries, with Guatemala and Peru dominated by large companies. According to Dammert, two groups account for more than one-third of all oil palm areas in Peru, while production ...
ONGC to cut gas production by 40%, plans pipeline repair
IN - 7/3/2015 4:26:22 PM
New Delhi: State-owned Oil and Natural Gas Corp will cut gas production from its biggest fields in the Arabian ... a move aimed at boosting defence manufacturing in the country.The Department... New Delhi: State-run MTNL today said there are no plans ...
Why Oil Prices Are Plunging Once Again
The Motley Fool - 7/3/2015 12:01:31 PM
Iran produced 2.8 million barrels/day of oil last year but production has been high as 6 million barrels ... of oil and the second largest reserves of natural gas in the world, the country has the capability to increase oil supply enough to keep prices ...
Oil tumbles 4% on global glut, OPEC output boost
The Star - 7/2/2015 4:03:06 AM
Oil fell ... and OPEC production increased, signaling a global glut will persist. U.S. inventories climbed 2.39 million barrels, an Energy Information Administration report showed. Crude output from the Organization of Petroleum Exporting Countries ...