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
Oil prices tank as hopes of production freeze fade
CNN Money - 9/27/2016 7:58:57 AM
For the world's major oil producers, it looks like the answer will once ... but they haven't determined the final formula on when to start the oil production freeze and how many countries will be involved. Saudi Arabia's Energy Minister Khalid Al-Falih ...
Giant Kazakh oil field to be in production by year's end
United Press International - 9/27/2016 7:51:48 AM
27 (UPI) --A spokesperson for a company overseeing the giant Kashagan oil field in the Kazakh waters of the Caspian Sea said production will resume by ... A June report from the World Bank said economic decline in Kazakhstan has been broad-based, with ...
Iran dims hopes for deal on oil output freeze
Salt Lake Tribune - 9/27/2016 8:49:04 AM
Speaking in Algiers at a meeting of oil producers from all around the world, Iranian Petroleum Minister Bijan ... decision by the Organization of the Petroleum Exporting Countries to limit production in an attempt to get oil prices higher.
Petroleum Commission Touts Gas Production Prospects
ghanastar.com - 9/27/2016 5:17:18 PM
The Chief Executive of Petroleum Commission, Mr Theophilus Ahwireng has touted the prospects of the country’s gas production as it is set ... “This has been the trend for many oil and gas countries around the world. This should give room to financial ...
OPEC: Cheap oil will keep flowing, for now
The Christian Science Monitor - 9/27/2016 3:58:33 PM
Any kind of deal would require the cooperation of Saudi Arabia, the world’s largest oil exporter, and Iran, which has been ramping up production in an effort to regain its pre-sanctions market share. The two countries may not be looking for an agreement ...
It’s not funded just by oil and looting. How the Islamic State uses agriculture.
Washington Post - 9/27/2016 8:56:13 AM
So how can we measure its agricultural production and potential ... Yet the Islamic State still trades oil and gas to other rebel groups and the Syrian government. The same might apply for wheat. Neighboring countries are a destination of an unregulated ...
Crude Oil Price Forecast: What to Expect by the End of the Year
The Global Dispatch - 9/27/2016 4:55:49 PM
Fluctuations in the price of crude oil have always affected the economic and financial status of countries around the world. High crude price has led ... since September 2016 due to the increased production output by members of the OPEC.
Cushman & Wakefield Oil and Gas Report: Impact of Lower Prices on Global Office Sector
Yahoo Finance - 9/27/2016 2:11:11 PM
Canada ranks fifth in the world in oil production, and its resource sector accounts for about 1.8 million jobs. Of the 3.9 million bpd the country produces, 97 percent is from Alberta, Manitoba and Newfoundland and Labrador. Not surprisingly, sustained low ...
Discover the global coconut oil industry development trends, competitive landscape and key regions
Whatech - 9/27/2016 8:20:26 AM
2016 Global Coconut Oil Market Report is a professional and in-depth research report on the world's major regional market conditions of the Coconut Oil industry, focusing on the main regions and the main countries (United States, Europe, Japan and China).
Saudi Arabia, Iran stifle production deal at OPEC
myhealthbowl.com - 9/28/2016 1:02:35 AM
Speaking in Algiers at a meeting of oil producing ... OPEC production. He also expects oil investment to fall next year, for a third straight year of declines. Crude oil prices drop more than 2 percent at the start of trading Tuesday after the World ...
NYMEX crude lifted additional in Asia by API estimates, OPEC meet looms
worldwide-finance.net - 9/28/2016 2:21:20 AM
... Arabia and Iran played down expectations for a deal to freeze or cut oil production at the closely watched informal OPEC meeting on Wednesday. Oil ministers from both countries said on Tuesday that talks among OPEC and non-OPEC oil producers in ...
No sign of oil freeze at home as Russia meets OPEC
StreetInsider - 9/26/2016 7:38:40 AM
Five leading Russian oil companies, responsible for three quarters of output in the ... and the country's ministries agreeing to work together to help stabilize oil markets. Days after the pact was signed Russia reported a new post-Soviet production ...
Oil prices fall as hopes for a deal in Algiers fade
Reuters - 9/27/2016 7:30:19 AM
Russia's oil minister on Tuesday also said that the country would want to freeze oil output at current levels; Russia's oil output recently touched an all-time high of 11.75 million barrels per day (bpd). Analysts said that current high production in ...
Oil rises as OPEC meets, volatility hits post-Doha high
Business Recorder - 9/26/2016 3:59:45 PM
LONDON: Oil rallied on Monday as the world's largest ... little progress in achieving a preliminary agreement to freeze production. Members of the Organization of the Petroleum Exporting Countries are meeting informally on the sidelines of the ...
Russian oil majors raise output of hard-to-recover crude
kualalumpurpost.net - 9/28/2016 2:07:01 AM
But they are dwindling and production in the region is declining at 1.5 to 2 percent a year. Russia’s oilfield licences regulator Rosnedra puts the country ... thirds of total oil reserves, and enough to cover 20 years of the world’s total oil ...