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, 2012See also: Oil - imports map
Balance of trade: Oil price fall helps imports; exports remain disappointing
The Express Tribune - 4/22/2015 9:05:02 PM
This saved precious foreign exchange reserves particularly at a time when the country is struggling to enhance its exports. Additionally, the petroleum group imports amounted to ... their competitive edge in the world market due to rupee’s overvaluation.
Are Low Oil Prices Here to Stay?
The Huffington Post - 4/24/2015 3:30:24 AM
With mounting fiscal deficits in some of the MENA countries, the only solution is to ... leading to more oil seeking new customers on the world market. Net imports have fallen over the past four years and were only 5mbd as oil products exports reached ...
China: The Global Demand Side Of The Oil Price Equation
Seeking Alpha - 4/25/2015 3:07:44 AM
They partner with third world countries offering a package which includes development ... As noted in the map above, the majority of China's oil imports come from the Persian Gulf passing through the Strait of Malacca. Those tankers are particularly ...
Saudi Arabia has a 'solution' to the global surplus of oil
Al Bawaba - 4/26/2015 5:01:05 AM
The world's biggest oil exporter ... pressure high cost producers, why hold oil back on spare capacity? Use it all and use it now." Output surge The biggest member in the Organisation of Petroleum Exporting Countries (Opec) boosted output to 10.1 million ...
Venezuela, with world's largest reserves, imports oil
USA Today - 11/2/2014 5:11:11 PM
(Photo: Ariana Cubillos, AP) 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 reserves ... Having to import oil is ...
Saudi Arabia Has a Solution to the Global Oil Glut Problem
Yahoo Finance - 4/24/2015 12:48:44 PM
Saudi Arabia has a response to the global surplus of oil: Raise output to near-record levels and then pump even more. The world’s biggest oil exporter ... in the Organization of Petroleum Exporting Countries boosted output to 10.1 million barrels ...
IEA reviews energy policies of countries in Eastern Europe, the Caucasus and Central Asia
REVE - 4/25/2015 7:21:16 PM
the Caucasus and Central Asia that play a significant role in world energy security. Four of the countries – Kazakhstan, Turkmenistan, Azerbaijan and Uzbekistan – possess substantial oil and gas resources in the Caspian Sea, which offer game-changing ...
Top Oil Imports by Country: Where the U.S. Gets Its Oil
Think Advisor - 2/27/2011 11:56:50 PM
As world oil prices gyrate in rhythm with the unrest sweeping Middle Eastern/North African (MENA) countries (and prices rise on investment ... about a direct effect on the availability of oil from Libya can rest easy. While the U.S. Dept.
In underground rock caverns, tanks, India builds oil reserves
Sify - 4/23/2015 9:22:20 AM
... net oil imports. USA holds 95 MMT of strategic reserves, the highest by any country in the world. Japan, which like India is dependent on imported oil, has the second highest reserves with 44 MMT (These reserves exclude commercial storage of crude oil).
Nigeria: Country's Path to Revamping Oil Palm Sector
AllAfrica - 4/22/2015 2:02:42 PM
Having lost its global competitiveness as the world's largest producer of palm oil, Nigeria has begun to make ... would save the country some foreign exchange by eliminating yearly imports of $300 million spent on Palm oil importation, while bringing ...
India building strategic oil reserves to meet emergencies
Daijiworld - 4/23/2015 8:39:23 AM
is 90 days of net oil imports. The US holds 95 million metric tonnes of strategic reserves, the highest by any country in the world. Japan, which like India is dependent on imported oil, has the second highest reserves with 44 million metric tonnes.
Australia's 2015 oil product imports set to soar after ageing refinery closures
Reuters - 4/13/2015 4:58:01 PM
Diesel makes up more than half of its total oil product arrivals. There are worries rising dependence on imports could hit Australia's energy security, but the country sought to allay concerns in a white paper last week, saying diversity of global crude ...
India's March palm oil imports jump 25%: SEA
Money Control - 4/15/2015 4:05:32 PM
However, the country's palm oil imports could reduce in the coming months as Malaysia has reimposed 4.5 percent export duty on crude palm oil (CPO) from April 1 and Indonesia too is planning to do the same soon, it added. India, the world's leading ...
U.S. Oil Imports Are Falling, But Reliance on These Countries Is Rising
The Motley Fool - 5/4/2013 2:31:01 PM
While the rise of oil imports from Canada is not concerning at all -- after all, the U.S. and Canada have the largest trade relationship of any two countries in the world -- rising Saudi imports may be disconcerting to some since they go against the idea ...
Increased U.S. oil production keeping gas prices lower, fuel company prez says
eaglefordtexas.com - 4/25/2015 5:12:25 PM
For example, Blackwell said if a nuclear treaty is completed with Iran, that country in 2016 could start oil production and add “3 million barrels per day” to an already oversupplied world oil market ... and this year we will import less than ...