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
These 2 emerging giants are the biggest beneficiaries of cheap oil
The Business Insider - 3/27/2015 8:17:08 PM
India is the fourth largest global consumer of oil in the world. Since the country imports around 80% of its total crude oil requirement, cheap oil has drastically reduced India’s import bill and current account deficit from the previous years.
Make India energy sufficient, cut imports: PM Modi
Post - 3/27/2015 12:24:41 PM
New Delhi: Pitching for an energy sufficient India, Prime Minister Narendra Modi on Friday said the country should cut oil imports by 10 percent by 2022 ... Also Read: DBT scheme for LPG subsidy biggest in the world: Pranab Mukherjee Since the government ...
The saga of oil price decline
Financial Express - 3/28/2015 1:17:47 AM
One of the most significant macroeconomic developments during 2014-15 has been the steep decline of crude oil ... The World Bank data brings out the fact that in, 2012, around 47.5% of remittances were received in India from the West Asian countries ...
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 ... Having to import oil is a tremendous ...
U.S. should start drilling in Arctic, oil council says
Portland Press Herald - 3/28/2015 3:48:06 AM
The U.S. has drastically cut imports and transformed itself into the world’s biggest producer of oil and natural gas by tapping huge reserves in shale rock formations. But the government predicts that the shale boom won’t last much beyond the next decade.
Brent crude oil steadies above $55 a barrel
customstoday.com.pk - 3/26/2015 3:21:50 AM
With storage approaching its limit, China’s oil imports will likely stay flat or rise only ... Energy Agency and the Organization of the Petroleum Exporting Countries estimate that world oil demand is now running at more than 1.5 million barrels per ...
Finance minister Arun Jaitley pitches for overseas asset acquisition to cut energy imports
Economic Times - 3/28/2015 3:55:15 AM
That part of the world is now becoming costlier ... is focusing on "quick and effective decision making", as the country needs huge amount of investments. Need to cut dependence on energy imports Speaking at Urja Sangam, an international energy summit ...
Need to cut oil imports, says Jaitley
Vancouver Desi South Asian news - 3/27/2015 1:43:25 PM
Finance Minister Arun Jaitley on Friday said the government required to pay attention to oil exploration to reduce the country’s energy imports. “Need to look at our oil exploration programme, acquisition of assets overseas to cut dependence on energy ...
Oil savings can fund Padma bridge, says ex-central bank governor Farashuddin
bdnews24 - 3/28/2015 11:29:13 PM
Following a prolonged tussle over the corruption allegations levelled by the World Bank ... BPC is making profit by selling oil from January, he added. Farashuddin said developed countries have to import labour to maintain growth.
USA Urged Not to Delay Arctic Drilling
Marine Link - 3/29/2015 4:08:23 AM
The U.S. has drastically cut imports and transformed itself into the world’s biggest producer of ... flowing from the lower 48 states, the National Petroleum Council estimates, effectively extending the country’s energy security in the 2030s and ...
Copper falls as oil prices ease
Sky News - 3/30/2015 6:23:13 AM
Copper has tracked losses in oil and fell to its lowest level ... Chile's Codelco, the world's No 1 copper producer, said it was gradually re-opening mines in the north of the country that were closed on Wednesday due to heavy rains, but that its Salvador ...
Trade exchange largely affected after Arab Spring
Daily News Egypt - 3/29/2015 8:21:55 PM
“Egypt has many alternatives to overcome the affected exports and imports of petroleum countries to overcome the political ... because of decline in the trade exchange between Arab world, in addition to increase in the dollar exchange rate and its ...
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 ...
Six American Companies Sell The World Most Of Its Weapons
AFKinside - 3/29/2015 3:54:04 AM
Africa, which has experienced some of the world’s most impressive economic growth over the past decade, saw arms imports increase 45 percent over the past five years. Part of this is due to windfall revenues earned by oil-producing countries ...
‘Import of LNG a landmark step for energy needs’
Pakistan Today - 3/29/2015 6:27:23 PM
Senior official of ministry of petroleum and natural resources ... to Engro’s expertise in deploying world-class solutions against stretched deadlines.” “We are hopeful that the commissioning of the country’s first LNG terminal will help meet ...