Definition: This entry is the total oil imported in barrels per day (bbl/day), including both crude oil and oil products.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2014See also: Oil - imports map
China's Palm Oil imports from Malaysia fall sharply by 46%
Commodity Online - 10/26/2016 11:49:25 AM
The alarming increase in import of RBD Palmolein is seriously hurting the domestic refining in Global Palm Oil output is expected to drop by 3.3 million tons to 59.2 million tons during this calendar year, according to the Oil World. Palm Oil output of ...
Singapore named IEA association country, underlining energy hub status
CNBC - 10/24/2016 1:43:20 AM
To become a member, countries that are net oil importers must show they have reserves of crude oil and/or products that are equivalent to around 90 days of the previous years' average net oil imports. The government, even if it doesn't own the reserves ...
The Big Oil Comeback
thesovereigninvestor.com - 10/25/2016 9:37:35 PM
At the current pace, the country is on track to raise yearly imports by 7% for the second time ... against a backdrop in which the IEA, in its World Energy Investment 2016 report, said current oil wells around the globe are depleting by an average of ...
International Oil Companies Competing to Operate and Invest in Africa
Atlanta Black Star - 10/25/2016 9:08:57 PM
China is the world’s second-largest consumer of oil, and it’s projected to become the world’s largest consumer by 2030. It is estimated that the country will import over 66 percent of its total oil by 2020, and 72 percent by 2040. Its second-largest ...
Renewable Energy: India to Replace Coal with Cheaper Solar Power by 2022
Nature World News - 10/24/2016 12:20:25 PM
India is taking the lead in creating a country powered by renewable energy by ... The report says that by the year 2035, India's gas import will increase by a staggering 573 percent, oil import by 169 percent and coal import by 85 percent.
Venezuelan Oil Is Largely Staying in Ground or Going Up in Smoke
The Wall Street Journal - 10/23/2016 3:56:21 PM
Every month, Punta de Mata’s smoke columns grow higher, a staggering waste at a time when Venezuela, the holder of the world’s largest oil reserves, desperately needs cash from every barrel to import scarce food and medicine. The wells are ...
Nigeria expects 22 pct jump in oil output by end-Dec
Reuters - 10/17/2016 12:14:24 PM
He said the Organization of the Petroleum Exporting Countries, which has agreed to cut world output to rescue prices ... March 31 Nigeria accounted for nearly 12 percent of all crude oil imports by India, one of the fastest growing economies and energy ...
Russian Mega India Deal Takes Oil Battle to Mideast Backyard (1)
Bloomberg - 10/25/2016 12:19:14 PM
Rosneft is targeting a market of 1.3 billion people that imports more than 80 percent of its crude requirements and which is forecast by the International Energy Agency to be the world’s fastest-growing oil consuming nation through 2040. The country has ...
4 reasons why Venezuela became the world's worst economy
CNN Money - 10/25/2016 5:09:44 AM
How did it get so desperate in Venezuela -- a country sitting on more oil than any other in the world? Here are 4 reasons why it's ... In the first half of 2016, food imports were down by nearly 50% from the same time a year ago, according to several ...
China’s Thirst For Oil Sends Beijing Scrambling For Answers
hellenicshippingnews.com - 10/24/2016 1:03:22 PM
Now, that burden will continue to shift to China, the world’s second largest economy ... Dilemma in the making Though China’s record high oil imports last month were largely attributed to the country filling up its strategic petroleum reserves, it ...
Singapore Joins IEA as Association Country, Becoming the Energy Hub for Southeast Asia
researz.com - 10/24/2016 8:45:40 AM
To become a full member of the IEA, countries that are net oil importers must show they have reserves of crude oil and/or products that are equivalent to around 90 days of the previous years’ average net oil imports. The government, even if it doesn’t ...
Oil prices highest in a year
Canal CNC Arauca - 10/26/2016 6:27:18 AM
The EIA also said USA crude imports fell by 912,000 ... This reduction in stocks in the world's largest oil consumer has added to bullish sentiment that arose after the Organization of the Petroleum Exporting Countries (OPEC) proposed to cut or at least ...
Oil edges up on Indian imports, hopes of producer cut
Gulf Times - 10/12/2016 10:32:58 AM
Oil imports by the world's third biggest oil consumer surged 17.7 percent from a year ago, according to ship tracking data and a report compiled by Thomson Reuters Oil Research and Forecasts. The prospect of countries from oil group OPEC and non-OPEC ...
Crude oil slides below $50 per barrel
The Business Insider - 10/24/2016 12:20:25 PM
Traders said the price falls were a result of comments from Iraq, which said it wanted to be exempt from a production cut by the Organization of the Petroleum Exporting Countries ... in the world's biggest importer, analysts said that oil markets, which ...
Venezuela, with world's largest reserves, imports oil
USA Today - 11/2/2014 5:11:11 PM
CARACAS, Venezuela — For the first time in its 100-year history of oil production, Venezuela is importing crude — a new embarrassment for the country with the world's largest oil ... Having to import oil is a tremendous failure for PDVSA, for Venezuela."