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
Will Iran Follow Iraq In Oil Policies?
Seeking Alpha - 8/4/2015 8:10:17 AM
When analyzing oil production and consequently world oil prices particular attention is due to the Middle East countries including Iran and several Arab countries such as Saudi Arabia, Iraq, Kuwait, and United Arab Emirates which all together produce more ...
Oil Falls Below $50 a Barrel
Wall Street Journal - 8/3/2015 5:08:21 PM
The world’s benchmark oil price fell below $50 a barrel ... U.S. government data on Friday suggested that the country’s oil production peaked in March, but the U.S. oil rig count, which is a rough proxy for activity in the industry, rose last week ...
Crude Oil Recovers From Six-Month Low
Fox Business - 8/4/2015 3:19:47 PM
Oil output from the Organization of the Petroleum Exporting Countries (OPEC) reached the highest monthly level in recent history in July, a Reuters survey found, and Iran's nuclear deal with world powers ... it has boosted production by more than 1.7 ...
Iran Can Boost Production in a Week After Sanctions End: Oil Minister
businessweekme.com - 8/2/2015 12:16:03 PM
Iran can boost oil production in one week after international sanctions are ... Royal Dutch Shell Plc have expressed interest in developing Iran’s reserves, the world’s fourth-biggest, once sanctions are removed. Iran is organizing a conference in ...
Brent oil rebounds after plunging to 6-month low
Money Control - 8/4/2015 12:42:18 PM
Iran and six world powers reached a long-awaited nuclear ... and after a decision by the Organization of Petroleum Exporting Countries last year not to cut production. Elsewhere, crude oil for delivery in September on the New York Mercantile Exchange ...
The countries slammed worst by plunging oil prices
CNBC - 12/5/2014 5:57:56 PM
The drop has taken a multibillion-dollar bite out of the world economies that depend heavily on oil production. It's also created a windfall for countries, companies and consumers that use all that oil. The latest evidence came in Friday's trade data ...
Oil ETFs Slide Again: More Pain in Store?
ZACKS - 8/4/2015 2:15:22 PM
Coming to supply side, the Organization of Petroleum Exporting Countries (OPEC ... Additionally, Iran, the world's fourth-largest reserve holder with 158 billion barrels of crude oil, is gearing up to boost its production immediately after sanctions ...
Oil CEOs’ grim outlook rubs off on speculators fleeing market
Fuel Fix - 8/3/2015 11:06:16 PM
Output from the Organization of Petroleum Exporting Countries in July was up ... spokesman of the state-owned South Oil Co., said last week. “If we’re living in a world where U.S. production is up 9 percent and OPEC is 6 percent higher, and global ...
78% of Germany's Energy Supplied by Renewables
Energy and Capital - 8/3/2015 7:31:31 PM
The country is aiming to remove all nuclear ... Trillions will be spent to secure the world's energy supply over the next two decades... and all sources are on the table. Oil, Natural Gas, Solar, Wind. There will be money made. Follow the money trail.
Zacks Upgrades Oil States International to Hold (OIS)
Ticker Report - 8/3/2015 11:56:22 PM
With locations around the world, Oil States is a leading manufacturer ... services to the oil and gas industry, including production-related rental tools, work force accommodations and logistics, oil country tubular goods distribution and land drilling ...
Shayne Heffernan Oil Price Report
Live Trading News - 8/2/2015 5:02:23 PM
Riyadh reported crude oil production of 10.6 million barrels a ... nearly 1 million bpd higher than in 2015 due to an increase in world demand growth and a slowdown in supply growth from countries outside the group. While Commerzbank said it was hopeful ...
Fresh selling seen in Ref Soya Oil, down at 555.4
Commodity Online - 8/4/2015 9:57:40 AM
Prices of the soyoil were under pressure on oversupply woes following robust production data from Argentina, the world's third biggest soyoil producer. The country produced 3.6 million tons of soy oil in the first half of the year, 3.5% more than the same ...
Extended slump in oil taking toll on industry, economy
Connecticut Post - 8/3/2015 5:58:27 PM
Until about six months ago, booming U.S. oil and gas production was helping the country's economy grow during a time of ... Iranian oil is poised to return the world market after years of sanctions, the Greek debt crisis is reducing economic growth in ...
STOCKS FALL, OIL GETS CRUSHED: Here's what you need to know
Yahoo Finance - 8/3/2015 7:52:59 PM
Iranian state media reported that the country could start increasing oil production as soon as one week after economic ... two-year low of 50.0. That adds to concern that demand from the world's second-largest oil consumer may slow. US manufacturing ...
Oil drops again below $50, India gains
Odisha Sun Times - 8/4/2015 2:15:22 PM
In a repeat of the plunge at the year’s beginning, global crude oil prices dropped below the psychological ... on developing a shale gas block in China and the country cutting its 2020 shale gas production target to a third of the original number ...