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
World Sets New Oil Production and Consumption Records
Energy Trends Insider - 7/9/2014 11:53:36 PM
For perspective, the second-largest increase in oil production was recorded by the United Arab Emirates with a gain of 248,000 bpd over 2012, and Canada was the only other country in the world to record an increase of more than 200,000 bpd, at 208,000 bpd ...
Rather than boon for Japan, U.S. shale oil is still rip-off
Japan Times - 9/21/2014 7:31:04 AM
Crude oil production in the U.S. exceeded 10 million ... to the U.S. because the U.S., as the largest oil importer of the world, has easy access to crude oil from neighboring countries like Venezuela, which is rich in heavy crude petroleum as the Middle ...
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 ...
20 countries seeing biggest increase in oil production
Rediff India Abroad - 11/8/2013 3:09:55 AM
3.11 million barrels per day Overall rank in oil production rise in 2012: 7 Canada, one of the most advanced countries in the world, has more than 4 per cent share of oil production. Change in share of world oil production (1973-2012): 0.59 per cent Share ...
Shale Oil Production From Bakken, Eagle Ford Up 3.1% in August: Platts' Bentek Energy
NASDAQ - 9/19/2014 8:59:20 AM
19, 2014 /PRNewswire/ -- Oil production from shale formations in North Dakota and ... adjusted for U.S. Gulf Coast logistics. Platts introduced the world's first independent daily price reference valuing crude oil produced from a shale formation in ...
Top 10 oil and gas producing countries in 2012
Mining - 6/14/2013 10:46:25 PM
World oil production ... with 395 million tonnes of oil produced last year. Eight out of 10 countries increased their oil output and only two — Iran and Mexico — fell. The US is the leader in terms of oil production growth in 2012 (+14%), whereas ...
Letter: Aid climate, cut use of 'conflict palm oil'
Journal News Media Group - 9/20/2014 10:45:31 AM
9, I was honored and humbled to deliver over 350,000 petition signatures from people in 122 countries to PepsiCo's global ... to eliminate the use of Conflict Palm Oil. Palm Oil production is one of the world's leading drivers of climate change and ...
Top 5 Oil-Producing Countries In 2011
Investopedia - 3/22/2011 11:58:11 PM
However, some have commented that current price rise may be an overreaction, since Libya produces only about 2% of the world's oil per day. While that is not an insignificant amount, other large oil producing countries could potentially step up production ...
Non-OPEC Oil Production
Council on Foreign Relations - 11/9/2008 11:58:02 PM
... 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 productive wells, rising ...
U.S. to Be World’s Top Oil Producer in 5 Years, Report Says
New York Times - 11/11/2012 11:55:17 PM
That increased oil production, combined with new American ... were needed in the United States and many other countries. The report said that several other factors could also have a large impact on world energy markets over the next few years.
Oil ministers from OPEC countries signal they will keep production target steady at meeting
FOX News - 6/10/2014 1:50:55 PM
VIENNA – OPEC oil ministers are signaling that the ... The International Energy Agency sees the world's appetite for crude growing in months ahead. But many OPEC members are at production capacity limits. Additionally, sales from Iran, normally among ...
Do You Know Which Country Is the World’s Biggest Oil Producer?
The Blaze - 7/4/2014 11:59:32 PM
U.S. production of crude oil, along with liquids separated from natural gas, surpassed all other countries this year with daily output exceeding 11 million barrels in the first quarter, the bank said in a report today. The country became the world’s ...
Top 10 Countries With The World’s Biggest Oil Reserves
gulfbusiness.com - 4/13/2013 11:59:57 PM
Here are the top countries with the biggest proven oil reserves ... Saudi Arabia last year to become the holder of the largest oil reserves in the world. However, annual oil production of the OPEC supplier is considerably less than the Kingdom.
The 17 Countries Sitting On The Most Valuable Energy Reserves
The Business Insider - 2/13/2014 11:51:58 AM
Natural gas production is increasing in the country, but coal remains China’s primary ... Saudi Arabia has nearly one fifth of the world’s proven oil reserves, in addition to being the largest producer and exporter of petroleum. Its largest oil field ...