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
Organization of Petroleum Exporting Countries (OPEC)
RIA Novosti - 9/14/2014 6:49:15 AM
OPEC handles 40 percent of the world's oil production and 50 percent of the world's oil export. - attending to the interests of oil-producing countries and ensuring their stable profit and commercially viable and regular supplies to consumers; the fair ...
EIA: Despite decline in some regions, world oil consumption still seen rising
PennEnergy - 9/12/2014 2:44:04 PM
These factors include sustained high oil prices, efficiency standards ... a share of between 40% and 45% of total world liquid fuels production throughout the projection. The Middle East OPEC member countries alone account for 90% of the total growth ...
Can Big Oil Save Mexico's Dying Energy Industry?
The Motley Fool - 9/13/2014 4:41:35 AM
For 75 years, Mexico's state-controlled Petróleos Mexicanos held a monopoly on oil drilling in the country ... world's largest ocean-going barge to carry and then set the structure." The platform, the Berkut, "is now the largest offshore oil and gas ...
World Sets New Oil Production and Consumption Records
Energy Trends Insider - 7/9/2014 11:53:36 PM
For perspective, the second-largest increase in oil production was recorded by the United Arab Emirates with a gain of 248,000 bpd over 2012, and Canada was the only other country in the world to record an increase of more than 200,000 bpd, at 208,000 bpd ...
The worst economies in the world
USA Today - 9/14/2014 5:59:09 AM
Mauritania is both one of the world's poorest nations. While much of the population remains highly dependent on agriculture, segments of Mauritania's economy utilize natural resource extraction for growth. The country started extracting oil off its western ...
Oil prices soften on excess supply, receding Iraq fears
Kuwait Times - 9/14/2014 7:06:33 PM
World oil demand The International Energy Agency ... the IS insurgency begins to take a toll on oil supplies from the country’s northern fields-even if the bulk of Iraq’s crude production in the south remains unaffected by the upheaval.
Scotland bets on North Sea oil, even as the wells start to run dry
Washington Post - 9/14/2014 3:28:49 AM
Diminishing production means that even if Scotland breaks ... that an independent Scotland would rank as the 14th-wealthiest country in the world per capita, higher than Britain, with oil and gas accounting for about 15 percent of economic output.
Falling Crude Oil Prices Favor US
Live Trading News - 9/14/2014 5:16:12 AM
For Saudi Arabia, the world’s largest Crude Oil ... part of the big rise in supplies has come from countries that remain at risk of supply disruptions, including Libya and Nigeria. Libya’s Crude Oil production has rebounded to more than 800,000 BPD ...
20 countries seeing biggest increase in oil production
Rediff India Abroad - 11/8/2013 3:09:55 AM
3.11 million barrels per day Overall rank in oil production rise in 2012: 7 Canada, one of the most advanced countries in the world, has more than 4 per cent share of oil production. Change in share of world oil production (1973-2012): 0.59 per cent Share ...
EVD: Analysts Fear Nigeria’s Oil Production May Dip
Leadership - 9/13/2014 11:46:55 PM
... oil producer in the world, there is a substantial threat of supply disruption, should the virus spread further in the country. “If the outbreak spreads further, it could potentially disrupt all Nigerian onshore oil production, equivalent to $40m per ...
FACTBOX-Oil production cost estimates by country
Reuters - 7/28/2009 5:19:37 AM
Those figures do not include the more expensive Orinoco oil from the country's sand deposits ... from various types of hydrocarbons in different parts of the world: Oilfields Estimated Production /source Costs ($ 2008) Mideast/N.Africa oilfields 6 ...
Global oil inventories rise as prices slump
The National - 9/14/2014 5:40:39 PM
In the murky world oil ... the sharp decline in oil imports by the United States, which have fallen from a peak in 2005 around 12 million barrels per day (bpd) to about 7.5 million bpd as demand remained flat amid rising domestic production.
How To Annoy A Peak Oil Theorist: The Soft Patch In Oil Prices Is Here To Stay
Seeking Alpha - 9/13/2014 11:08:08 AM
After the 1973 oil crisis, oil spend spiked up, and while volatile, it averaged around 4.5% of developed country GDP for ... capex is increased oil production, which is growing faster than oil demand. It turns out that the world wasn't running out of ...
How Obama Became the Oil President
Mother Jones - 9/12/2014 10:04:54 AM
Many energy experts were then predicting an imminent "peak" in global oil production ... the largest posted by any of the world's oil producers from 2011-2013 and has generated multiple economic benefits for the country, along with significant ...