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
OPEC sees global oil production up
Breitbart News - 3/12/2014 12:45:51 PM
With world oil demand growing, the Organization of Petroleum Exporting Countries said Wednesday most producers ... Given the increase in global demand, production from the 12 member states, however, averaged 30.1 million bpd last month, up ...
World Oil Outlook: Supplies to increase
DairyHerd Network - 3/11/2014 7:35:03 PM
EIA projects world petroleum and other liquids supply to increase by 1.3 million barrels per day (bbl/d) in both 2014 and 2015, with most of the growth coming from countries outside of the Organization of the Petroleum Exporting Countries (OPEC).
EIA Lowers U.S. Crude-Oil Production Estimates
The Wall Street Journal - 3/11/2014 2:41:34 PM
U.S. oil production has been robust because of hydraulic fracturing and horizontal drilling techniques that have enabled energy producers to tap into supplies trapped in shale-oil fields. U.S. production peaked in 1970, when it reached an annual ...
Oil Eases America's Rocky Relationship with These 7 Countries
The Motley Fool - 3/9/2014 5:50:03 PM
It has over 2 million barrels of production capacity it deliberately holds back to quell and short term supply shocks and keep oil prices stable. Also, it is America's largest ... On top of it all, nearly every company that has been mentioned ...
OPEC Raises Oil Demand Forecast
The Wall Street Journal - 3/12/2014 7:38:02 AM
OPEC said that the changes to its demand outlook would mean an increase of 100,000 barrels a day in the demand for its oil, which it pegs at 29.7 million a barrels a day this year. At 30.1 million barrels a day in February, its production is comfortably ...
India Palm Oil Imports Seen Lower by Oil World on Rapeseed Crop
Businessweek - 3/11/2014 6:44:57 PM
Oil World predicted record domestic rapeseed production of 7.4 million to 7.5 million tons ... White House Promises There Will be No Obamacare Bailout No Faith. No Country. No Marriage. Still, Millennials Are Optimistic Microsoft Hopes ...
World Lubricants Market
TheSacramento Bee - 3/10/2014 8:19:11 PM
see OAO Rosneft OAO Rosneft 423 OMV AG 425 OPET-FUCHS Madeni Yag Sanayi ve Ticaret A?, see FUCHS Petrolub PDVSA, see Petróleos de Venezuela PEMEX, see Petróleos Mexicanos Pertamina, see Perusahaan Pertambangan Minyak Dan Gas Bumi Negara ...
Commodities Buzz: EIA Lowers U.S. Crude-Oil Production Estimates
India Infoline Ltd - 3/12/2014 3:20:21 AM
Currently, U.S. oil is trading at more than $100 a barrel. The EIA expects consumption of oil products to reach 18.89 million barrels a day in 2014 and 18.99 million barrels a day in 2015, compared with prior forecasts of 18.91 million barrels a day this ...
OPEC boosts 2014 demand estimate as Iraq pumps most since 1980
Financial Post - 3/12/2014 9:03:56 AM
The Organization of Petroleum Exporting Countries, responsible for 40 percent of the world’s oil supply, said its 12 members ... Iraq Output Iraq’s production jumped by 400,000 barrels a day to 3.4 million a day in February, the highest ...
Chevron raises projection for oil price
Financial Times - 3/11/2014 5:47:41 PM
Mr Watson said the reasons for the weaker outlook ... Mr Watson also raised again the concerns about rising costs in the oil industry that he had highlighted at the IHS Cera Week conference in Houston last week. Break-even prices for new oil developments ...
FACTBOX-Oil production cost estimates by country
Reuters - 7/28/2009 9:15:50 AM
Those figures do not include the more expensive Orinoco oil from the country's sand deposits ... various types of hydrocarbons in different parts of the world: Oilfields Estimated Production /source Costs ($ 2008) Mideast/N.Africa oilfields ...
20 countries seeing biggest increase in oil production
Rediff - 11/8/2013 3:09:55 AM
Oil-rich countries are increasing production to keep up with increasing demand around the world, especially in the emerging economies. Let's take a look at some nations that are witnessing biggest gain in production. Image: A taxi driver fills his cab at a ...
Top 5 Oil-Producing Countries In 2011
Investopedia - 3/22/2011 11:58:11 PM
If your investing prowess and passion for finance is matched only by your exceptional writing abilities, we'd like to meet you. Apply now to become a writer for Investopedia and help educate the world about finance. More From Eric Fontinelle..
Top 10 oil and gas producing countries in 2012
mining.com - 6/14/2013 10:46:25 PM
World oil production rose about 2.5% last year ... ratio which represents “burning rate” of proven oil reserves in-situ for any given country when applying current levels of domestic oil production. Canada is the wealthiest country by R/P ratio ...
Saudi Prince: Fracking Threatens 'Any Oil-Producing Country in World'
Townhall.com - 1/7/2014 8:13:59 PM
Thanks to fracking, the production of oil and natural gas in the United States is dramatically increasing—and Saudi Arabia isn’t happy about it. In an interview with The Globe and Mail, Saudi Arabia’s Prince Alwaleed Bin Talal said that new shale oil ...