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, 2014See also: Oil - imports map
Target to reduce oil import dependence by 10% by 2022, says PM Modi
Daily News and Analysis - 2/7/2016 10:55:04 AM
With the country dependent on imports to meet 79% of its oil needs, Modi said oil imports have to be reduced ... developed INDMAX has maximised LPG yield to 44%, the highest in the world. "LPG production is going to increase. Economy will get a boost ...
Why Declining Chinese Oil Production Is Good for Global Prices
Wall Street Journal - 2/10/2016 5:58:01 AM
The country’s leading companies are choosing to leave more of their oil in the ... in the rest of the world. “The situation in China is that they know there is significant below-ground potential in China but it is cheaper to import,” said Peter ...
India set to rely more on UAE oil
Emirates247 - 2/11/2016 1:06:20 PM
Over 50 percent of India’s oil imports come from the GCC countries,” he said. He said the share of natural gas in India’s energy mix is 7 percent and that it is among the world’s 25 largest gas producers, though its reserves could increase with new ...
Jamaica saves J$52b on oil bill over six months
Stabroek News - 2/11/2016 6:03:59 AM
(Jamaica Gleaner) Jamaica reduced its oil import bill by more than US$438 million (J ... documents the economic activities between the residents of a given country with the rest of the world over a given period. “This improvement was driven by a fall ...
Govt may exempt import duty on used cooking oil: Gadkari
Zee News - 2/10/2016 12:53:12 PM
That oil is available on large scale in the world. "We will be withdrawing (import) duties on that oil. If that oil comes in the country then bio-diesel will be made from it," Road Transport, Highways and Shipping Minister Gadkari said while addressing ...
As oilsands punished, tanker loads of cheap Saudi oil sail into Canadian ports daily
National Post - 2/10/2016 10:01:24 AM
Wouldn’t it be nice if refineries in our own country took this oil rather than foreign ... “We source crude oil from all over the world for our refinery in Saint John, N.B.,” said a spokesman for Irving. “Our crude imports come from oil producing ...
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 ... Having to import oil is a tremendous failure ...
China Turns a Glut of Oil Into a Flood of Diesel
Bloomberg - 2/11/2016 4:09:27 AM
China’s total net exports of oil products -- a measure that strips out imports -- will rise 31 percent this year to 25 million metric tons, China National Petroleum Corp., the country’s biggest ... a record in 2015 as the world’s second-biggest ...
Iran's oil is for sale: Who benefits, who loses?
Al JAZEERA - 2/10/2016 9:18:27 AM
In percentage terms, the gains to the oil-importing countries are modest, mostly in the range of between a quarter and half a percent, but the world as a whole is better ... unilateral reductions of Iranian tariffs on imports of capital goods could add ...
Global oil demand growth likely to fall sharply in 2016, says IEA
International Business Times - 2/9/2016 6:59:27 PM
The full-year decline of crude output by non-OPEC countries has been pegged at about 6,00,000 bpd to 57.1 mbpd, said the report. Top global oil importers The top three oil importers of the world are the United States, China and India. India imports about ...
India’s oil import dependence should be reduced 10% over 7 years: PM
Hindustan Times - 2/7/2016 5:35:56 PM
Modi said most of India’s oil import comes from the Gulf countries and the aim was to add oil from ... 15 million tonnes and is touted to be the most modern refineries in the world that can process cheaper high-sulphur content crude oils.
Oil in choppy trade after U.S. stock drawdown; focus on glut
Yahoo Finance - 2/10/2016 6:08:10 PM
U.S. crude rose above $29 a barrel after government data showed crude inventories in the country unexpectedly fell by 754,000 barrels in the latest week due to lower imports ... pointed to a larger oil supply surplus on the world market this year than ...
Oil Retreats Despite Surprise Drop in Inventories
NASDAQ - 2/10/2016 11:48:46 AM
"We just don't need crude oil imports to run the country," said Carl Larry ... likely because of a larger oversupply around the world and still-growing stockpiles of motor fuels and other oil products in the U.S., analysts said. Light, sweet crude for ...
Russia, China's most important supplier of oil
Pakistan Defence - 2/6/2016 2:06:32 AM
Russia is now the top crude exporter to China, the largest (or second largest, depending on whom you ask) oil demand growth country in the world. At the start of the decade, Saudi Arabia enjoyed a 20% share of Chinese crude imports, while Russia was ...