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
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
Asbury Park Press - 5/15/2013 7:11:27 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 ...
Why Are OPEC Countries Abandoning Oil Consumption?
The Motley Fool - 5/17/2013 1:43:58 AM
which becomes instant export capacity. At current prices, this would translate into an additional $19 billion per year in oil sales. With North American oil production expected to increase over the next several years, countries in the Gulf ...
U.S. Boom Changing Global Oil Trade
The Ledger - 5/15/2013 1:53:30 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 ...
U.S. oil production jolts global market
Montgomery Advertiser - 5/18/2013 9:20:55 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 ...
North American oil boom transforming global trade
Denver Post - 5/15/2013 5:56:53 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 ...
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 ...
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 ...
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 ...
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 ...
How will the US capitalize on its oil boom?
The Christian Science Monitor - 5/16/2013 8:21:51 PM
The IEA said it expects North American oil supply to increase by 4 million barrels per day, a figure that represents about half of what's expected from global oil producers during the same period. IEA Executive Director Maria van der Hoeven said ...
Oil transformed
Worcester Telegram & Gazette - 5/15/2013 12:30:35 PM
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 ...
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 ...
Cameroon oil production down 8 pct in Q1 2013
Reuters - 5/16/2013 2:09:37 PM
Oil production in the country, which also produces cocoa and timber, stood at around 60,000 barrels a day in 2012, a 3.4 percent increase compared with the previous year. Authorities have said oil output will be boosted by as much as 25 percent ...
