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, 2012
See also: Oil - production mapRelated News
Why Are OPEC Countries Abandoning Oil Consumption?
The Motley Fool - 5/17/2013 1:43:58 AM
... does not fundamentally change its electricity production or consumption, the country could expect to consume as much as 8 million barrels per day of liquid fuel -- oil or natural gas liquids -- by 2030. The United Arab Emirates is also home ...
US Boom Transforming Global Oil Trade
ABC News - 5/15/2013 7:29:57 AM
The surge in oil production in the U.S. and Canada and shrinking oil consumption in the developed world is transforming the global oil market. The threat of chronic oil shortages is all but gone, U.S. dependence on Middle Eastern oil will ...
U.S. boom in oil production is changing the world's energy future
MyCentralJersey.com - 5/15/2013 6:42:49 PM
The surge in oil production in the U.S. and Canada and shrinking oil consumption ... an energy security and research organization based in Paris that serves 28 oil-importing countries, including the U.S. The report does not address oil prices directly ...
US oil boom changing market
iafrica.com - 5/15/2013 11:11:51 AM
That means the U.S. will be able to satisfy most of its own needs with domestic production and oil from neighbors - and that could have geopolitical implications. "It will affect relationships between countries. Most leaders believe they have to be nice to ...
U.S. Pumps Up Oil Production as World Demand Rises
HispanicBusiness.com - 5/15/2013 7:04:18 PM
The rapid growth of U.S. oil production is transforming global markets and easing ... with more than half of that coming from developing countries. China has been the biggest and most dramatic source of demand for oil in the past 15 years, but the use ...
Growth in US, Canadian oil production reducing imports, pushing Middle Eastern oil to Asia
The Republic - 5/14/2013 9:35:48 PM
That means the U.S. will be able to satisfy most of its own needs with domestic production and oil from neighbors — and that could have geopolitical implications. "It will affect relationships between countries. Most leaders believe they have to be nice ...
Oil transformed
Worcester Telegram & Gazette - 5/15/2013 12:30:35 PM
That means the U.S. will be able to satisfy most of its own needs with domestic production and oil from neighbors — and that could have geopolitical implications. “It will affect relationships between countries. Most leaders believe they have to be ...
Cameroon oil production down 8 pct in Q1 2013
Yahoo! News - 5/16/2013 2:52:34 PM
YAOUNDE (Reuters) - Cameroon crude production dipped more than 8 percent year-on-year in the first quarter of 2013 due to technical problems in some of its oil fields, the central African country's National Hydrocarbons Corporation (SNH) said on Thursday.
Changes in oil production are transforming the global economy
Daily Oklahoman - 5/15/2013 2:22:08 AM
NEW YORK — The surge in oil production in the U.S. and Canada and shrinking oil consumption in the developed world is transforming the global oil market. The threat of chronic oil shortages is all but gone, U.S. dependence on Middle Eastern oil will ...
US oil boom changing global market
Worcester Telegram & Gazette - 5/16/2013 9:51:55 AM
Saudi Arabia will continue to dominate production in the region. Other members of the Organization for Petroleum Exporting Countries, such as Venezuela and African nations, will struggle to keep up, because of political instability and difficulty ...
Oil changes
Register-Guard - 5/15/2013 6:04:03 AM
That means the United States will be able to satisfy most of its own needs with domestic production and oil from neighbors — and that could have geopolitical implications. “It will affect relationships between countries. Most leaders believe they have ...
Pumped-up US oil production alters global market
Greenville News - 5/16/2013 3:46:51 AM
it does suggest that the technology that helped lead to a boom in oil production in the U.S. will eventually help other countries produce more oil. • “It is impossible to ignore the possibility that current nonconventional technologies, as they spread ...
U.S. production boom transforms global oil trade
Japan Times - 5/15/2013 3:00:55 PM
That means the U.S. will be able to satisfy most of its own needs with domestic production and oil from neighbors — and that could have geopolitical implications. “It will affect relationships between countries. Most leaders believe they have to be ...
U.S. boom transforming oil trade
Nashville Tennessean - 5/15/2013 7:44:16 AM
That means the U.S. will be able to satisfy most of its own needs with domestic production and oil from neighbors — and that could have geopolitical implications. “It will affect relationships between countries. Most leaders believe they have to be ...
How to invest in the U.S. oil ‘supply shock’
Marketwatch - 5/16/2013 11:56:36 PM
SAN FRANCISCO (MarketWatch) —The International Energy Agency said this week that a “supply shock” will essentially change the way the oil market works — and with change come opportunities, analysts said. The supply shock the IEA referred ...
