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
Top 10 Oil-Producing Countries In Africa
AFKinside - 8/22/2014 1:35:55 PM
along with how much of the countries’ gross domestic product is earned from oil rents (the difference between the value of crude oil production and the total cost of production). All the oil rent data in this list comes from The World Bank, and data on ...
ISIS' thirst for oil could lead to 'global catastrophe' if unchecked, experts say
FOX News - 8/21/2014 11:16:55 PM
Islamic State's thirst for blood has the world on edge, but its equally insatiable yearning ... And while this is a veritable drop in the global bucket of oil production, the crude spigot will continue translating into terror funds for Islamic State ...
America Must 'Uncap' It's Economic Potential By Increasing Domestic Oil Production
The Christian Post - 8/22/2014 1:07:17 PM
America is now the world's top oil producer. Theoretically, this domestic oil boom—in addition to reviving local economies—should have lowered fuel prices across the country, encouraging further growth. Unfortunately, inadequate pipelines and expensive ...
Could shale revive China's flagging oil fields?
Win 98.5 - 8/22/2014 9:03:54 AM
But China's production has leveled off at best, while its oil demand has boomed. China has overtaken the United States and Japan to become the biggest oil importer in the world. Once more the country is threatened by its dependence on foreign oil.
FACTBOX-Oil production cost estimates by country
Reuters - 7/28/2009 9:15:50 AM
July 28 (Reuters) - The cost of pumping ... to make new discoveries, production costs were generally estimated at $20 a barrel (operating and capital costs). Those figures do not include the more expensive Orinoco oil from the country's sand deposits.
Oil falls towards 14-month low near $101 on ample supply
Reuters - 8/21/2014 11:13:56 AM
The world's top two crude oil benchmarks ... oil production. Global economic growth also appears to be faltering, fuelling concerns a market surplus could last for some time. Libya has resumed exports from its largest port, helping push the country's ...
A volatility Middle East oil can ill afford
Gulf News - 8/22/2014 1:32:56 AM
In 2013, the countries of the Gulf and its neighbours, which the BP Statistical Review of World Energy terms “the Middle East”, accounted for almost 33 per cent of global oil production and 17 per cent of gas output. But the share of both has flattened ...
RE-Oil Contracts Are Not Null And Void-ACEP
Spy Ghana - 8/19/2014 3:48:19 PM
The Production Sharing Agreement is currently being used in over 75 countries in the world producing oil and gas. Peter, can your Africa Centre for Energy Policy tell Ghanaians how much revenue would eventually accrue to them from the Jubilee fields which ...
Top 10 oil and gas producing countries in 2012
Mining - 6/14/2013 10:46:25 PM
World oil production ... 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 in 2012 (+14%), whereas ...
Shale Oil Production From Bakken, Eagle Ford Rose 3.4% in July: Platts' Bentek Energy
Yahoo Finance - 8/21/2014 12:11:12 PM
DENVER and HOUSTON, Aug. 21, 2014 /PRNewswire/ -- Oil production from shale formations in North Dakota ... Platts introduced the world's first independent daily price reference valuing crude oil produced from a shale formation in May 2010 when it began ...
World Depends on Two Countries for Increase in Oil Production
Oil Price - 11/11/2013 11:59:04 PM
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What's keeping oil prices below $100 a barrel?
Market Intelligence Center - 8/22/2014 9:46:51 AM
Till now, the militant uprising is limited to the northern part of the country, while Iraq’s production region in the south ... hopes for robust fuel and energy demand in the world’s biggest oil consumer. The bullish momentum has been aided by the ...
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 ...
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 ...
What's Keeping Oil Prices Below $100 a Barrel? - Zacks Analyst Interviews
NASDAQ - 8/21/2014 4:14:35 PM
Till now, the militant uprising is limited to the northern part of the country, while Iraq's production region in the south remains ... hopes for robust fuel and energy demand in the world's biggest oil consumer. The bullish momentum has been aided by ...