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
OPEC, Foreseeing No Glut, Keeps Oil Production Level Steady
New York Times - 12/4/2013 3:39:20 PM
LONDON — Members of the Organization of the Petroleum Exporting Countries agreed on Wednesday to leave their combined daily quota for petroleum production at 30 million barrels, a decision that was expected to keep prices at their current ...
World Depends on Two Countries for Increase in Oil Production
OilPrice - 11/11/2013 11:59:04 PM
The IEA released the 2013 edition of its much-anticipated World Energy Outlook, which projects oil ... Yet, the IEA believes that over half of this production will come from two countries: Iraq and Brazil. First, let’s take Iraq. Iraq has the fifth ...
OPEC freezes oil output ceiling
Yahoo! News - 12/4/2013 3:03:33 PM
Vienna (AFP) - OPEC agreed on Wednesday to hold its crude production ceiling at 30 million barrels per day despite oversupply concerns and competition from cheaper shale oil. The Organization of Petroleum Exporting Countries, which pumps out ...
FACTBOX-Oil production cost estimates by country
Reuters - 7/28/2009 9:15:50 AM
The following provides estimates of the cost of running a field for OPEC members and other individual countries, obtained from traders and industry analysts. It also gives the International Energy ... the world: Oilfields Estimated Production ...
At OPEC meeting, Iran says it plans oil production hike if sanctions are lifted
Washington Post - 12/5/2013 1:33:28 AM
VIENNA — Iran indirectly challenged OPEC kingpin Saudi Arabia on Wednesday, announcing plans to pump as much oil as it can if sanctions on its crude exports are lifted, even if its extra output drives prices into the basement. The comments by Bijan ...
20 countries seeing biggest increase in oil production
Rediff - 11/8/2013 3:09:55 AM
Oil-rich countries are increasing production to keep up with increasing demand around the world, especially in the emerging economies. Let's take a look at some nations that are witnessing biggest gain in production. Image: A taxi driver fills his cab at a ...
Flavor Your Life Discusses the World Production Rates of Olive Oils, Including Australian and Organic Olive Oil
Virtual-Strategy Magazine - 12/6/2013 8:20:19 AM
For the year 2011/2012, it was estimated that the world production of olive oil would ... The rates of olive oil production in other Mediterranean countries are also expected to grow. The production in Tunisia, for example, is expected to ...
Non-OPEC Oil Production
Council on Foreign Relations - 11/9/2008 11:58:02 PM
... producers operating outside the Organization of Petroleum Exporting Countries (OPEC) are responsible for producing 60 percent of the world's oil and face increasing production hurdles. Experts say many of the non-OPEC producers have older, less ...
OPEC Maintains Crude-Production Target at Vienna Meeting
Bloomberg - 12/4/2013 3:25:01 PM
OPEC, content with current oil price levels, agreed to keep the group’s crude output ceiling unchanged at least until June even as Libya, Iran and Iraq plan to increase exports in coming months. Maintaining the 30 million-barrel-a-day target ...
Top 10 oil and gas producing countries in 2012
mining.com - 6/14/2013 10:46:25 PM
World oil production rose about 2.5% last year ... ratio which represents “burning rate” of proven oil reserves in-situ for any given country when applying current levels of domestic oil production. Canada is the wealthiest country by R/P ratio ...
World Olive Oil Consumption Slips, Production Rebounds
oliveoiltimes.com - 10/8/2013 1:40:49 PM
The IOC said that among its other member countries, production is forecast to be higher ... but the IOC’s provisional data puts last season’s world olive oil production at about 2.5 million tons – down by just over a quarter on 2011/12’s record ...
The Peak in World Oil Production is Yet to Come
Wall Street Pit - 9/15/2013 7:08:45 PM
World oil production stagnated between 2005 and 2007, which given rapid growth in demand from emerging economies sent oil prices shooting up. Some observers suggested that production might never rise much above the levels seen in 2005. Among those who ...
Could 20% of the World's Crude Oil Go Offline ?
The Motley Fool - 12/7/2013 1:05:27 PM
American-Iranian relations have always been shaky, most recently because America wants Iran to stop its nuclear energy program and because the U.S. is allies with Iran's rival, Saudi Arabia. In total, Iran and Saudi Arabia supply 17% of the ...
Has the World Already Passed “Peak Oil”?
National Geographic - 11/8/2010 11:59:37 PM
That’s the year that the world’s conventional oil production likely reached its ... set up by most of the world's industrialized countries after the 1970s world oil crises to analyze the world’s energy situation and advise them on policy.
Oil Reforms by Mexico May Upend Markets
New York Times - 8/15/2013 12:18:43 AM
Mexico ranks ninth among the world’s leading oil producers and ... Mr. Goldwyn said an increase in Mexican oil production could drain foreign oil company investment from countries like Angola, Venezuela and Nigeria as well as the new Arctic ...