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, 2014See also: Oil - production map
The World's Hottest Oil Play
Forbes - 2/13/2017 3:26:44 AM
In 2015, only 13 countries recorded oil production greater than the Permian Basin’s current ... That makes the Permian, in my view, the world’s hottest oil play. But many of the land acquisitions and much of the recent drilling in the region is a ...
Hartstreet Oil: OPEC Production Cuts May Have Underestimated The Permian's Improving Breakevens
Seeking Alpha - 2/20/2017 2:59:56 PM
The Peak Oil theorists were wrong, as unconventional production was great enough to effect the world's supply and demand balance ... Midland has some of the best economics in the country. Results from this county and others like it will have great ...
7 Biggest Hemp Producing Countries in The World
INSIDER MONKEY - 2/14/2017 8:40:31 AM
... of hemp cultivated in 7 biggest hemp producing countries in the world is used for cigarette paper production. This small niche market is all that remains of once huge industry. Hemp seed and hemp oil are also used but in very limited quantities.
Russia overtakes Saudi Arabia as world’s largest crude oil producer
africanspotlight.com - 2/20/2017 2:59:56 PM
At the same time, America is neck-and-neck with China as the world’s largest ... of the Petroleum Exporting Countries (OPEC) and oil producers outside the cartel led by Russia have agreed to prop up prices by cutting production by almost 1.8 million ...
This Is the World’s New Top Producer of Crude Oil
FORTUNE - 2/21/2017 5:18:56 AM
Saudi Arabia has once again been overtaken in December as the world's top crude oil ... This is the first time Russian oil production has overtaken that of Saudi Arabia since last March, according to Bloomberg. Both countries saw their output down from ...
Saudi crude oil production, exports fall in Dec
techknowbits.com - 2/20/2017 10:56:34 AM
According to a survey by Reuters published on January 31, Iran has increased its oil output by 20,000 bpd in January after the country was exempted from the OPEC cuts. Year-on-year, world oil supply declined by 460,000 bpd, according to the report.
Iran among world’s top economies by 2050
jokpeme.com - 2/20/2017 7:17:38 PM
A recent study shows that Iran will be among 32 most powerful economies in the world by 2050. The study that was carried ... that serious plans have been devised to increase the country’s oil production to as high as 5 mb/d over the next few years ...
OPEC Wins Investors Back as Cuts Prompt Record Bets on Oil
Bloomberg - 2/20/2017 10:49:24 AM
Investor optimism that West Texas Intermediate oil prices will rise reached an all-time high as the Organization of Petroleum Exporting Countries delivered on pledges to reduce production ... its estimates of 2016 world oil demand growth for a third ...
The World’s Largest Oil Reserves By Country
worldatlas.com - 2/8/2017 11:56:44 PM
Proven oil reserves are those that have a reasonable certainty of being recoverable under existing economic and political conditions, with existing technology. Many oil-producing ... the ten countries with the largest oil reserves in the world to help ...
World Bank chief visits oil-rich Saudi Arabia
United Press International - 2/14/2017 7:43:15 AM
14 (UPI) --Riyadh received support for a new economic vision from the World Bank ... Total domestic oil consumption, meanwhile, was the lowest since December 2013. The country's production, meanwhile, is moving lower in coordination with a managed decline ...
Russia overtakes Saudi Arabia in crude oil production
The Times-Picayune - 2/20/2017 10:27:56 AM
Russia overtook Saudi Arabia as the world's largest crude producer in December, when both countries started restricting supplies ahead of agreed cuts with other global producers to curb the worst glut in decades. Russia pumped 10.49 million barrels a day ...
PETAN expresses concern over Nigeria’s depleting oil reserves
guardian.ng - 2/21/2017 3:38:43 AM
He emphasized the need for the country to increase production target in order to ... Oil supply from outside the OPEC represents about 60 per cent of world oil production. So changes in non-OPEC production can affect oil prices. “Also oil prices are ...
America returns to the oil battlefield
CPI Financial - 2/19/2017 10:57:45 AM
While OPEC countries have the resources to grow production, previous reports show OPEC revenue ... Whether it is due to currency moves or actual cost depreciation, many oil companies around the world have survived the price meltdown by bringing down ...
Russia dethrones Saudi Arabia as world’s largest crude oil producer
www.neweurope.eu - 2/20/2017 8:00:35 PM
Russia has surpassed Saudi Arabia as the world’s largest crude oil ... The Organization of the Petroleum Exporting Countries (OPEC) and oil producers outside the cartel, including Russia, have agreed to cut production by almost 1.8 million barrels ...
Russia overtakes Saudi Arabia as world's top crude producer
RT - 2/20/2017 12:51:05 PM
At the same time, America is neck-and-neck with China as the world's largest ... of the Petroleum Exporting Countries (OPEC) and oil producers outside the cartel led by Russia have agreed to prop up prices by cutting production by almost 1.8 million ...