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, 2012See also: Oil - production map
How Has Energy Sector Been Affected By New Techniques In Unconventional Oil And Gas Production? – Analysis
Eurasia Review - 1/31/2015 3:50:05 AM
The development of unconventional oil and gas production has affected significantly ... including pipeline gas to Mexico and LNG to other countries, notably in Asia. It is still unclear how much US LNG will arrive in world markets. Nevertheless, the ...
US Once Again the Swing Oil Producer: Whither Gas Prices?
Truth About Cars - 1/28/2015 11:56:14 PM
Despite a collapse in oil prices of 50 percent since summer’s end, Saudi Arabia, whose vast production capacity has enabled that country to modulate world oil prices by adjusting its output, “effectively resigned from that role,” Daniel Yergin wrote ...
Betting on market share: OPEC countries remain adamant about high production
Al Bawaba - 2/1/2015 7:52:17 AM
The Organization of the Petroleum Exporting Countries at a November meeting decided to focus on market share rather than cutting output, despite concerns from members such as Iran and Venezuela about falling oil revenue ... "But the world economy is ...
Olive oil production down, prices due to rise
Philadelphia Daily News - 1/29/2015 2:55:12 AM
As Vetri chef Alicia Walter prepared for a recent seven-week trip to study olive oil production in the ... growers and others around the world would seek to benefit from the problems in the Mediterranean. "There are countries that are going to see this ...
Are Crude Conspiracies Right? Research Shows Nations Really Do Go to War Over Oil
econintersect.com - 1/31/2015 9:19:22 AM
At the time the UK was one of the largest net oil importers in the world, as North Sea oil production only started in 1975. The country also had, via BP, a direct interest in the stability of the region. It may seem tempting to attribute UK intervention in ...
Oil Stocks: The $393 Billion Wealth Wipeout
The Motley Fool - 1/31/2015 8:46:34 PM
The impact from the plunging price of crude oil is sending shockwaves across the globe. Nations dependent on oil production, like Russia ... oil prices have plummeted 64% from the peak, as the world has more oil that it can use at the moment.
Iraqi Oil Production Still Climbing, Despite ISIS Offensive
U.S. Airways - 1/30/2015 6:46:04 PM
(BAGHDAD) -- Even as the fight against ISIS continues in Iraq, the ongoing violence appears to have barely made a dent in the country’s oil production ... fifth largest proved crude oil reserves in the world, and it is the second-largest crude oil ...
Dear John: Slippery factors in oil’s slide
New York Post - 1/31/2015 10:45:16 AM
Could it be the Saudis are now releasing more oil into world market in order to crush the production of shale oil coming out ... This much I do know: I wouldn’t want to be a country or an investor betting entirely on oil. Dear John: Your column recently ...
Record harvests, falling oil prices bring more affordable food
Firstpost - 1/30/2015 7:36:10 PM
ROME (Thomson Reuters Foundation) - Record harvests and falling oil prices have ... three quarters of countries surveyed, according to data from the Economist Intelligence Unit (EIU). The new Global Food Security Index shows that world food prices dropped ...
Falling oil prices and crop production boosts food security
cnbcafrica.com - 1/30/2015 4:51:32 PM
Falling oil prices and record crop production to improve food security. PHOTOS: icid The index considers the core issues of affordability, availability, and quality across 109 countries ... It added that, world soybean production will reach an all-time ...
Oil Rigs in U.S. at 2-Year Low as Bakken Drillers Bail
Bloomberg - 1/22/2015 11:56:12 PM
threatening to end the surge in domestic oil production that has turned the U.S. into the world’s largest fuel exporter. The booming production, out of shale formations across the country, has OPEC and other foreign suppliers fighting to preserve their ...
Saudi Arabia’s waiting game with oil
Gulf News - 1/30/2015 5:13:00 PM
The threats include traditional geopolitical rivals and the recent surge in oil production by non-OPEC rivals in North America and Eurasia. But more ominous in the long term is the threat of a global shift to renewable energy sources as countries seek to ...
FACTBOX-Oil production cost estimates by country
Reuters - 7/28/2009 5:19:37 AM
Those figures do not include the more expensive Orinoco oil from the country's sand deposits ... from various types of hydrocarbons in different parts of the world: Oilfields Estimated Production /source Costs ($ 2008) Mideast/N.Africa oilfields 6 ...
For traders, oil’s price plunge takes a toll on egos and accounts
San Francisco Gate - 2/1/2015 1:11:25 AM
Thomas is one of thousands of oil traders around the world who have helped turn ... a combination that lowers prices. U.S. production had risen 70 percent over six years. Demand was falling as rich countries became more fuel efficient and growth in the ...
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 ... in countries which are net oil importers," he added. "Consumers will spend at least half the money they gain from the fall in oil prices."