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
Oil Producers Sound Retreat From China
Wall Street Journal - 3/27/2015 10:01:31 AM
BEIJING—Global oil companies ... and-production strategy in China. It declined to provide a breakdown of its China spending this year. Shell says it remains committed to China and cooperating with PetroChina on projects around the world.
Who Benefits Most From Cheap Oil?
Oil Price - 3/26/2015 11:02:57 PM
With the possible addition of Iranian oil to the global oil supply, the refusal of OPEC to cut down its production levels ... is the fourth largest global consumer of oil in the world. Since the country imports around 80% of its total crude oil requirement ...
Oil surges after Saudi strikes in Yemen
CNN Money - 3/26/2015 3:31:59 PM
It has the world's largest proven oil reserves and production capacity. The country's leading position within the OPEC cartel makes it a key player in setting world oil prices. Adding to the uncertainty is Yemen's strategic location on a shipping route ...
Oil ETFs Jump on Yemen Concerns & Weaker Greenback
ZACKS - 3/27/2015 5:25:20 PM
Notably, Middle East accounts for about one-third of the world’s total oil production. Clash in Saudi – the top ... If Oil Prices Keep Falling, Avoid These 4 Country ETFs). Houthi fighters have a firm control over the southern city of Aden in Yemen.
Saudi Arabia, Kuwait to beef up oil security after Yemen strikes
Arabian Business - 3/27/2015 11:05:56 AM
Oil prices rallied on Thursday after the air strikes in Yemen, on the borders of Saudi Arabia, sparking fears of a wider Middle East conflict that could disrupt world ... oil production was about 100,000 barrels per day (bpd) in March 2014. The country ...
Oil prices fire up as Yemen becomes new battleground in Saudi-Iran rivalry: ‘There will be repercussions’
Financial Post - 3/26/2015 11:17:16 PM
Having Yemen fail cannot be an option for us or for our coalition partners One of the Arab World’s poorest countries ... by the raging conflict, as its oil production is already cut by about 70% in recent years. The country’s oil infrastructure ...
Hedging Geopolitical Risk With Oil
Seeking Alpha - 3/27/2015 5:22:21 AM
As a notable example, in the early part of 2014, conflicts in Libya and Iraq led to temporary outages in their oil production, keeping world prices high, even as supply elsewhere in the world continued to ramp up. When production from those two countries ...
Fighting near strategic oil chokepoint in Yemen causes crude to spike
investing.com - 3/26/2015 6:38:06 PM
Saudi Arabia, which maintains the world's largest crude oil production capacity ... government in Yemen and to prevent the Houthi militias from controlling the country by force." Oil traders are sensitive to risky geopolitical news involving Saudi Arabia ...
Welcome to the New World of Oil
realmoney.thestreet.com - 3/26/2015 6:30:56 PM
much to the chagrin of a regime that has 10 million barrels a day of production and is still the swing producer in the world that can influence price more than any country on earth. And this is all that oil can mount? A meager couple of bucks on the news ...
Why palm oil expanded, and what keeps it growing
Mongabay - 3/26/2015 7:49:41 PM
 “Palm Oil Production by Country in 1000 MT,” Index Mundi ...  “Palm Oil: Productive and Versatile,” World Wildlife Fund, accessed March 10 2015, http://wwf.panda.org/what_we_do/footprint/agriculture/palm_oil/about/.  Ibid.
FACTBOX-Oil production cost estimates by country
Reuters - 7/28/2009 5:19:37 AM
July 28 (Reuters) - The cost of pumping ... other individual countries, obtained from traders and industry analysts. It also gives the International Energy Agency's more general assessment of costs for the oil-producing regions of the world.
Anadarko Petroleum: Oil Price Scenarios That Could Significantly Impact Its Valuation
Forbes - 3/26/2015 12:40:11 PM
unless the Organization of Petroleum Exporting Countries decides to sacrifice on some of its market share for better prices. This is because oil production in the U.S. can quickly start growing again at an annual rate of around 1 million barrels per day if ...
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 ...
Oil stockpiled by Iran awaits sanctions' end to hit market
Arkansas Online - 3/27/2015 1:54:45 AM
Lifting oil sanctions on Iran will likely hit global markets long before the nation starts pumping more crude. That's because the member of the Organization of the Petroleum Exporting Countries cartel ... The U.S. and five other world powers are scheduled ...
Crude oil prices are surging as Yemen descends into chaos
Times Union - 3/26/2015 11:28:36 AM
Crude oil prices are surging in trading early Thursday, after news broke that the Saudi Arabian air force is bombing Houthi rebels in the country ... production, and is not important to the supply on its own. But it has both a border with Saudi Arabia (the ...