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, 2012See also: Oil - production map
Has crude oil production already peaked?
The Christian Science Monitor - 4/17/2014 10:01:28 AM
The oil from deep shales (properly called "tight oil") is allowing production to grow in the United States even as production sinks elsewhere in the world. Other countries having shales containing oil will likely try to exploit them. But, the retirement ...
Russia's Arctic oil rig to boost country's role on world energy markets - Putin
voiceofrussia.com - 4/18/2014 1:20:42 PM
"This is, in fact, the beginning of our country’s enormous work on the ... including drilling, production, storage, preparation and loading of oil. The oil platform meets world ecological safety standards. However, last year it was attacked by Greenpeace ...
World Depends on Two Countries for Increase in Oil Production
Oil Price - 11/11/2013 11:59:04 PM
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American Oil Reserves Now Top Saudi Arabia
Breitbart News - 4/15/2014 11:54:12 PM
... in both OPEC and non-OPEC countries do not use external auditors of reserves and do not publish detailed results. To act as a cartel and keep prices up, OPEC manipulates world oil supply by allocating crude oil production quotas among its members.
OPEC's Oil Collapse
Energy and Capital - 4/18/2014 2:17:58 PM
Imagine how restrained oil exports out of the country will be if the fighting ... barrels of oil equivalent to its daily production. The Best Free Investment You'll Ever Make Our analysts have traveled the world over, dedicated to finding the best and ...
Energy Exploration ETFs To Consider In This Choppy Market
Financial Content - 4/18/2014 12:01:58 PM
To add to this, shale oil boom in the U.S. driven by the country’s energy independent mission has also supported this slice of the investing world as evident from increasing domestic production and falling imports. Some positive U.S. economic data and ...
FACTBOX-Oil production cost estimates by country
Thomson Reuters - 7/28/2009 9:15:50 AM
Those figures do not include the more expensive Orinoco oil from the country's sand deposits ... from various types of hydrocarbons in different parts of the world: Oilfields Estimated Production /source Costs ($ 2008) Mideast/N.Africa oilfields 6 ...
The World's Most Toxic Money Pit
Motherboard - 4/17/2014 7:55:36 PM
That's one understated way to describe the oil that some of the world's biggest companies ... effectively the GDP growth of the country," Fadi Farra, adviser to the Kazakh prime minister, said in March. Oil production, a bedrock of Kazakhstan's economy ...
Geopolitical Skirmishes Trigger Energy/Ag Chain Supply Concerns
Agriculture - 4/18/2014 11:14:51 PM
“There are civil wars between the Sunni and Shia Islamists in lots of places in the Arab world. There’s a transition going on in the leadership of Saudi Arabia, a key country in terms of oil and natural gas production worldwide. There are 2,000 ...
Top 5 Oil-Producing Countries In 2011
Investopedia - 3/22/2011 11:58:11 PM
However, some have commented that current price rise may be an overreaction, since Libya produces only about 2% of the world's oil per day. While that is not an insignificant amount, other large oil producing countries could potentially step up production ...
The Gross Society: We’re Entering an Age of Energy Impoverishment
Pacific Standard - 4/18/2014 7:18:37 PM
WHILE AMERICA’S CURRENT GROSS oil production numbers appear rosy ... more oil wells have been drilled here than in the rest of the world’s countries put together. In terms of our resource pyramid diagram, the U.S. has drilled through the top ...
Top 10 oil and gas producing countries in 2012
Mining - 6/14/2013 10:46:25 PM
World oil production rose about 2.5% last year ... with 395 million tonnes of oil produced last year. Eight out of 10 countries increased their oil output and only two — Iran and Mexico — fell. The US is the leader in terms of oil production growth ...
World Petroleum Congress to be held in Moscow
Energy Global - 4/18/2014 7:29:57 AM
The total consumption of Russian oil and petroleum products in the EU is approximately 40%. It is expected that more than 5000 delegates will attend the 21st World Petroleum Congress from 100 countries. The World Petroleum Exhibition will be held alongside ...
20 countries seeing biggest increase in oil production
Rediff India Abroad - 11/8/2013 3:09:55 AM
Oil-rich countries are increasing production to keep up with increasing demand around the world, especially in the emerging economies. Let's take a look at some nations that are witnessing biggest gain in production. Image: A taxi driver fills his cab at a ...
Top 10 Countries With The World’s Biggest Oil Reserves
gulfbusiness.com - 4/13/2013 11:59:57 PM
Here are the top countries with the biggest proven oil reserves ... Arabia last year to become the holder of the largest oil reserves in the world. However, annual oil production of the OPEC supplier is considerably less than the Kingdom.