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
This Is How Many Barrels of Oil the 13 OPEC Countries Produced Last Month
The Motley Fool - 3/24/2017 7:48:17 AM
and how the different OPEC countries are affected by oil prices. OPEC's oil production and how it compares to the rest of the world According to the U.S. Energy Information Administration, 96 different countries produce crude oil, with estimates ranging ...
OPEC, non-OPEC to look at extending oil-output cut by six months
gdnonline.com - 3/27/2017 4:17:08 AM
OPEC and rival oil-producing countries were meeting in Kuwait to review progress ... We assured ourselves and the world that we would reach our adjustment to 100 percent conformity," Marzouq said.
OPEC urges members to uphold oil production cuts
Market Watch - 3/26/2017 7:02:58 AM
We assured ourselves — and the world — that we would.” Oil prices rose 20% initially after OPEC’s production-cut deal was announced Nov. 30 and those gains were sustained when 11 countries outside the cartel, including Russia, the world’s largest ...
OPEC, Non-OPEC Oil Producers Recommend Extending Production Cuts By Six Months
zerohedge.com - 3/26/2017 8:00:14 AM
ramping up production where possible, using their own domestic resources or incentivizing higher activity from the international oil companies through more attractive contract structures and tax regimes. In the rest of the world, projects and countries ...
Environmental damage, social conflicts overshadow Indonesia’s palm oil future
asiapacificreport.nz - 3/27/2017 4:17:08 AM
environmental issues and social conflicts continue to overshadow the sector’s future in the world’s biggest palm-oil producing country. Just earlier this month, the European Parliament’s Committee on Environment, Public Health and Food Safety (ENVI ...
Oil producers eye extension of output cuts
Inquirer - 3/27/2017 12:13:45 AM
The cuts aim to reduce world oil supplies and boost prices that have ... the progress made towards full conformity with the voluntary production adjustments and encouraged all participating countries to press on towards 100 percent conformity,” producers ...
Oil rises as US fuel-supply drop counters crude-stockpile gain
BusinessMirror. - 3/26/2017 2:41:06 PM
Oil rose as an increase in US crude inventories ... as swollen US inventories and rising American production weighed on output cuts by the Organization of the Petroleum Exporting Countries (Opec) and other producers. While Opec won’t decide until May ...
Oil producers meet on output cuts, possible rollover
guardian.ng - 3/26/2017 10:30:33 AM
OPEC and non-OPEC producers began meetings in Kuwait on Sunday to assess the impact of a milestone production cuts deal and to decide ... The cuts aim to reduce world oil supplies and boost prices that had crashed since mid-2014. Marzouk said that if ...
As Thailand ramps up its palm oil sector, peat forests feel the pressure
Eco-business - 3/27/2017 3:41:21 AM
However, Krungsri Research, an analysis arm of Thailand’s Bank of Ayudhya, found the sector expanded into the country’s north, central, and northeastern regions between 2008 and 2012. Unlike the world’s two palm oil producing giants – Malaysia and ...
Oil Prices Continue to Fall as Glut Worries Continue
Fox Business - 3/22/2017 3:00:09 PM
Saudi Arabia, the world's largest oil exporter ... Russian news agency, Tass, earlier this week reported that the country slashed its oil production by 161,000 barrels a day as of March 19 compared with the October 2016 level, the baseline used by the ...
Saudi Arabia Faces Stiff Competition in Today’s Oil Market
NewsBlaze - 3/27/2017 4:09:59 AM
Saudi Arabia went on to become the world’s largest oil ... Saudi Arabia has cut production by nearly 800,000 barrels a day since October. They are more concerned with stabilizing oil prices for their country’s economy. They are now in a position ...
Saudi pledges stable oil supply as market confused by data
hellenicshippingnews.com - 3/24/2017 11:23:02 AM
On Jan. 1, a deal between the Organization of the Petroleum Exporting Countries and some non-OPEC states to curb production by 1.8 million bpd ... Saudi Arabia, the world’s top oil exporter, has long been OPEC’s only holder of significant spare ...
Oil Producers to Look at Extending Oil-Output Cut by Six Months
FORTUNE - 3/26/2017 6:15:50 PM
The Organization of the Petroleum Exporting Countries and rival oil-producing nations were meeting in Kuwait to ... to achieve stability in the market," it said. This Is the World’s New Top Producer of Crude Oil It asked the OPEC Secretariat to review ...
OPEC, non-OPEC committee recommends extending oil output cut by six months
Channel News Asia - 3/26/2017 11:49:18 AM
OPEC and rival oil-producing countries were meeting in Kuwait to review progress ... We assured ourselves and the world that we would reach our adjustment to 100 percent conformity," Marzouq said. (Reporting by Rania El Gamal, Vladimir Soldatkin, Ahmed ...