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
Oil Rally Pauses After Canada, Iran Up Production
Yahoo Finance - 5/24/2016 8:51:09 PM
Saudi Arabia’s influence over oil markets is due to the fact that it has some of the largest oil reserves in the world ... day in oil production from Nigeria. • GE (NYSE: GE) announced plans to invest $1.4 billion in Saudi Arabia as the country tries ...
OPEC’s Ability to Ease An Oil Supply Shock is Now Fading
The Wall Street Journal - 5/24/2016 11:39:58 AM
the Organization of the Petroleum Exporting Countries has buffered global crude markets, curtailing production to ease oil gluts and boosting output to prevent shortages. Now, as it heads into a June 2 meeting to discuss how to stabilize world oil markets ...
Saudi Oil Policy Is Set In Stone
Forbes - 5/24/2016 4:33:27 PM
A Painful but Logical Strategy When oil prices plunged from $115 to $80 per barrel between June and November 2014, many of the world’s oil producers ... al-Nasser has said his country will make only limited increases in production this year compared ...
U.S. leads world in oil, gas production for 3rd year in row
The Herald - 5/24/2016 6:53:38 AM
PRINCETON, N.J. (Climate Central) – The U.S. led the world last year in producing both ... Government estimates show that crude oil production has continued to grow across the country, from nearly 8 million barrels of oil per day in 2008 to about ...
World Better Forget About $100 Oil Coming Back, Norway Says
gCaptain - 5/24/2016 4:33:27 PM
(Bloomberg) — The oil market is rebalancing ... After crude production has dropped by half since a 2000 peak and as exploration results hit an almost 10-year low last year, the Nordic country is betting on the Barents Sea to help it maintain output ...
Coke stops production in Venezuela amid sugar crisis
CNN Money - 5/24/2016 4:04:49 PM
The company announced late Monday that it has temporarily stopped production of Coke and other sugar-sweetened ... It has the largest proven oil reserves in the world. But it exports almost all of its oil -- the one engine in its contracting economy.
Strikes cripple French oil refineries, disrupt shipping
Reuters - 5/24/2016 4:04:49 PM
Striking workers have blocked fuel depots and oil terminals, disrupting distribution of gasoline and other refined products. By Tuesday a quarter of the country's network of ... according to the JODI-World Oil Database, with a total refining capacity ...
Oil prices dip after Iran says it won't freeze output
bilbaoya.com - 5/24/2016 1:34:30 PM
"Some countries that are producing above 10 million barrels per day (bpd) have called on Iran to freeze its production at one million bpd", he said, referring to Saudi Arabia, as reported by Press TV. Iran only returned to world oil markets in January ...
Oil prices fall on strong dollar, firm global supply
The Spectrum - 5/24/2016 1:05:52 PM
However, Iran has no interest in shoring up its oil exports as it has been excluded from the world market for so long because ... The Organization of Petroleum Exporting Countries is unlikely to set a production target when it meets June 2 as it sticks ...
Saudi Arabia's new oil plan shows it's just not that into OPEC
Chicago Tribune - 5/24/2016 8:44:00 PM
The first change of oil ministers in more than 20 years may also recast the country's relationship ... refining operations around the world. Instead of following orders from the government, Aramco will set production policy in line with the wishes of ...
Saudi Arabia plans to expand oil business as global demand rises
almontealdia.com - 5/24/2016 9:12:38 PM
He added that Iran's oil ministry was planning to boost production eventually to four million barrels a day and that his country would no longer entertain the idea of talks to curb production. Aramco has meanwhile begun work on a "world class" maritime ...
Uganda: 'We Are On Our Way to Being Ready for Oil Production'
AllAfrica - 5/24/2016 7:50:54 AM
What I am saying is that we have a good number of trained professionals from various universities around the world but that is not enough ... Some people believe that the country is not yet ready for oil production despite having commercially viable ...
Oil prices dip on strong dollar, firm global supply
The Leader - 5/24/2016 1:48:49 PM
The Iranian official added that the country has been implementing a plan to raise oil production and crude exports to pre-sanctions ... the United States was the top oil and gas producer in the world a year ago. Libya which had been a victim of civil ...
Oil prices dip on strong dollar, firm global supplies
Quadrangle - 5/24/2016 1:34:30 PM
On Monday, Reuters reported that Iran's Deputy Oil Minister Rokneddin Javadi had told the Mehr news agency on Sunday that his country had no plan to halt a rise in oil production and exports ... Iran only returned to world oil markets in January after ...
Saudi oil giant Aramco vows to expand as oil demand grows
THE PREFACE - 5/24/2016 12:08:36 PM
Saudi Aramco is likely to ramp up oil production to meet rising demand ... 80,000 jobs and reducing Saudi Arabia's imports by $12 billion, while increasing the country's gross domestic product by $17 billion. An oil industry source, speaking shortly ...