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
Legacy projects drive new Canadian oil
United Press International - 6/28/2016 10:15:30 AM
Canada is the top oil exporter to the United States and, with more than 170 billion barrels of proven reserves, holds the third largest reserves in the world ... for conventional oil production in the western part of the country, a short-term 15 percent ...
Government Think Tank Pushes Canada to Think Beyond Its Oil Dependence
Inside Climate News - 6/28/2016 10:47:08 PM
... sands site A Canadian government think tank is calling for the country to make a seismic shift away from its economic dependence on oil production or risk being left behind as the world moves rapidly away from fossil fuel use. The draft report, by ...
Oil Is Still Heading to $10 a Barrel
Bloomberg - 6/28/2016 3:59:06 PM
But the world continues to be awash in crude, and American frackers have replaced the Organization of Petroleum Exporting Countries ... in oil prices devastated government revenue and export earnings. War-torn Libya is also ramping up production as best ...
Global Market Shock May Hurt Oil Production
investing.com - 6/28/2016 1:07:18 PM
The fact that Brexit will actually happen anytime soon is allowing the market to try to act more normal even as everything in the world has ... recession may lower oil demand expectations, the global market shock may actually hurt production more.
Gulf Countries React To Brexit, Impact Of EU Departure On ME Oil
Oil Price - 6/28/2016 4:39:04 AM
Related: Saudi Arabia’s Oil Storage Falling As Exports Exceed Production By contrast to the measured reaction from GCC members, Iran’s official reaction registered as an enthusiastic endorsement of Brexit, though the economic benefits for the Islamic ...
Oil prices rise as Brexit concerns ease
Business Recorder - 6/28/2016 1:28:47 PM
which could affect just under 20 percent of the Scandinavian country's oil production. "Today's price rise is attributable first and foremost to possible production outages in Norway, where there is the threat of strikes in the oil and gas industry from ...
Why Citi Says Lower Gas Prices Aren't Helping the World (C)
Investopedia - 6/27/2016 5:40:30 PM
Such a precipitous drop in prices has occurred largely because of the Organization of Petroleum Exporting Countries ... crude oil and 60% of the total petroleum traded internationally, OPEC members collectively decided in November 2014 to raise production ...
Narendra Modi’s $27 billion oil quest gives services firms a lifeline
Economic Times - 6/28/2016 12:24:21 PM
Spending plans are ratcheting up and stalled projects restarting after the government in March announced pricing freedom for natural gas from deepsea fields that begin production ... on track to become the world's third-largest oil consumer.
World Steel Pipe Industry
The Business Journal - 6/27/2016 11:52:44 PM
LONDON, June 27, 2016 /PRNewswire/ -- Study coverage This report offers historical demand data (2004, 2009 and 2014) plus forecasts (2019 and 2024) by application for six world regions ... other developing countries, and oil and gas exploration moderates ...
The Oil Price Relief Rally Has Begun
Yahoo Finance - 6/28/2016 7:33:51 PM
The correction was a welcome one, after several down days led to the loss of $3 trillion in stock market value around the world ... is hoping to continue to boost oil output after attacks crippled the country’s production in recent months.
Commentary: Why oil is still headed as low as $10 a barrel
My West Texas - 6/28/2016 5:07:42 AM
But the world continues to be awash in crude, and American producers have replaced the Organization of Petroleum Exporting Countries ... in oil prices devastated government revenue and export earnings. War-torn Libya is also ramping up production as ...
War over oil fuels Libya’s migrant crisis
Workers World - 6/25/2016 11:55:07 PM
At present two different National Oil Corporations claim to be legitimate controllers of petroleum resources in the country. Libyan oil production has dropped off ... is worse than ever since the end of World War II. The World Health Organization stated ...
Branding Briefing: How Some Greek Olive Farmers Are Making More Money Selling Less Oil
Forbes - 6/28/2016 9:25:24 AM
But nearly everyone agrees that Greece has a huge opportunity to improve its production and marketing of premium brands in the olive oil business. It could even be one pathway for the fraught country to ... and Scandalous World of Olive Oil.”
Fallout from Brexit threatens oil, Houston recovery
Houston Chronicle - 6/28/2016 9:32:33 AM
U.S. oil prices ... forecast that the world's bloated oil inventories would start to shrink toward the end of the year, opening the way for further increases in crude prices. But if energy demand growth slows too much, crude production could exceed ...
World’s Richest Man, Gates, Zuckerberg Lose $3.4bn To Brexit
Leadership - 6/29/2016 2:07:34 AM
The world’s richest man, Bill Gates ... A strike in Norway, which could start on Saturday, would add to a number of production outages in oil-producing countries including Nigeria. Still, news that a successful ceasefire in Nigeria had allowed repairs ...