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
Forests, species on four continents threatened by palm oil expansion
Phys - 7/27/2016 8:39:41 PM
"Many past studies have focused solely on Indonesia and Malaysia, which produce more than 80 percent of the world's palm oil. By evaluating deforestation caused by palm oil production in 20 countries across four regions, our study demonstrates that the ...
World Bank Raises Oil Prices Forecast to $43
Thailand Business News - 7/27/2016 6:13:31 AM
The World Bank ... of agricultural production, movements in energy prices have been a major factor in the path of food prices, a special feature of the Commodity Markets Outlook says. Both energy and agricultural commodity exporting countries need to ...
World Bank ups 2016 oil price forecast but oversupply still persists
CNBC - 7/27/2016 6:49:19 AM
The institution noted oil prices jumped over a third in the second ... excess inventory was partly offset by new supply coming on-board. The World Bank said production from non-OPEC countries declined, but OPEC production rose, as Iran pumped vigorously ...
World Bank Lifts 2016 Crude Price Forecast But Glut Continues
Oil Price - 7/27/2016 8:51:00 AM
Related: Low Oil Prices Kill Off 7 Billion Barrels Of Oil Production The prices of energy ... Director of the World Bank’s Development Prospects Group, said. Countries exporting energy and agricultural commodities have to seek to diversify their ...
Where in the World Is Palm Oil Deforestation?
Union of Concerned Scientists - 7/27/2016 1:58:49 PM
Through discussions with our collaborators at UCS, we identified the need for a study that examines deforestation for oil palm plantation expansion in many regions of the world to inform ... live in these places. In the countries we studied, we saw clear ...
Peer-Reviewed Study Finds High Tropical Deforestation from Oil Palm Production
Union of Concerned Scientists - 7/27/2016 8:39:41 PM
The analysis also found that all the countries with the highest levels of past deforestation had more than 30 percent unprotected forest within areas suitable for oil palm production ... More than 80 percent of the world’s palm oil is currently produced ...
Drop in the ocean: India's strategic oil reserves unlikely to stir market
Reuters - 7/28/2016 7:23:55 AM
Indications now, however, are for much far less than this: shipping brokers say it's possible the entire initial SPR build-up in the ... global oil market. "The new storage facilities could stimulate an increase in crude oil production from countries ...
Stable Libya Could Put Global Oil Market Balances Under Risk
Eurasia Review - 7/27/2016 1:41:31 AM
In their weekly Oil Market report, obtained by Trend, analysts noted that an increase in volume of Libyan supplies to world crude markets has ... the restart of production in the east of the country looks closer now than at any time in the past year ...
Oil drilling likely in five years
Stabroek News - 7/28/2016 1:18:51 AM
Country ... of oil from its huge offshore well for another five years. Late last month, the company announced that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirmed a world-class find ...
Shell Profit Tumbles 72% On Low Oil Prices
Heart - 7/28/2016 11:48:47 AM
The company posted lower income in its gas, petrochemical and oil refining segments as well as oil production. Crude prices fell to ... says refugees who carry out attacks in Germany mocked the country that took them in. Killer Alan Bennett Jailed For ...
Oil jobs soon – Trotman says training already underway
Guyana Chronicle Online - 7/28/2016 4:32:07 AM
But while the direct benefits will be the royalties from the production ... already work in the oil and gas industry in other parts of the world are expressing their willingness to come home,” the Minister said. Meanwhile, Country manager of ESSO ...
Nigeria loses $69.8b from under invoicing of oil exports
Ghana Business News - 7/28/2016 8:14:02 AM
or Production Sharing Contracts (PSC) with the Nigerian National Petroleum Corporation (NNPC). Nigeria has attracted billions of dollars of investments from the world’s top oil companies. Yet poverty in Africa’s biggest economy is rising, with almost ...
Crude Oil Carriers Market, by Vessel Type - Global Industry Analysis, Size, Share, Growth Trends and Forecast 2016 - 2024
prnewswire.com - 7/27/2016 8:18:12 PM
The crude oil carriers market has been segmented on the basis of vessel type and geography. In terms of region, the market has been divided into four segments that comprise 10 countries ... crude oil carriers market and world economy influencing the ...
World Bank raises 2016 oil price forecast on supply outages
nanonews.org - 7/27/2016 3:03:14 PM
has projected global oil prices to stay at $43-$45 a barrel in the third quarter. Energy constitutes more than 10% of the cost of agricultural production, with fuel a key cost when it comes to producing and transporting food commodities, the World Bank said.