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 2:34:55 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
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Flavor Your Life Discusses the World Production Rates of Olive Oils, Including Australian and Organic Olive Oil
watchlistnews.com - 12/6/2013 8:34:38 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 ...
FACTBOX-Oil production cost estimates by country
Reuters - 7/28/2009 9:15:50 AM
Those figures do not include the more expensive Orinoco oil from the country's sand deposits ... various types of hydrocarbons in different parts of the world: Oilfields Estimated Production /source Costs ($ 2008) Mideast/N.Africa oilfields ...
OPEC Keeps Production Ceiling Amid Signs of More Output -- Update
The Wall Street Journal - 12/4/2013 4:00:49 PM
But now, the threat of surging supply from OPEC members themselves looms. The cartel pumps more than one in three barrels of crude consumed globally and uses its production ceiling, currently at 30 million barrels a day, to keep prices in check.
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 ...
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 ...
Iran Eager to Ramp Up Oil Production, Regardless of Effect on Price
The Motley Fool - 12/4/2013 4:29:27 PM
VIENNA (AP) -- Iran indirectly challenged OPEC kingpin Saudi Arabia on Wednesday, announcing that it plans to pump as much oil as it can once sanctions on its crude exports are lifted, even if its extra output drives prices into the basement.
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 ... 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 ...
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 ...
China's True Economic Achilles' Heel? Oil Dependency
Worldcrunch - 12/5/2013 8:50:08 AM
BEIJING — The United States is expected to bypass Russia next year to become the world’s largest non-OPEC crude oil producing country, according to a recent report by the U.S. Energy Information Administration. Another report pointed out that the ...
World Olive Oil Consumption Slips, Production Rebounds
oliveoiltimes.com - 10/8/2013 1:40:49 PM
Producer prices for extra virgin olive oil Ex-mill prices for extra virgin olive oil in late September – near the close of the 2012/13 crop year – were two percent lower than the same time a season earlier in Spain, three percent higher in Italy and 23 ...
TOP Oil Market News: WTI Heading for Biggest Gain Since July
Bloomberg - 12/6/2013 7:51:41 AM
He was 95. Malaysian billionaire Vincent Tan hired CIMB Group ... 271.90 +0.63 +0.2 Nymex Jan. Natural gas ($/MMBtu) 4.13 -- +0.0 Nymex Jan. Dated Brent ($/Bbl) 111.40 +0.18 +0.2 OTC 21 Days Heating Oil 305.84 +0.88 +0.3 Nymex Jan.
The U.S. Will Be the World's Biggest Oil Producer, But for How Long?
US News and World Report - 12/4/2013 1:01:51 PM
Last month, the International Energy Agency said that by 2015 the United States will surpass Saudi Arabia and Russia as the world's biggest oil producer and is on track to become energy self-sufficient in two decades. The agency added that for ...
Why the world oil production outlook is negative for tanker stocks
Yahoo! Finance - 10/11/2013 6:45:04 PM
... could mean lower oil production, and therefore lower demand for crude tankers to ship crude oil from its member countries. But because part of OPEC’s mission is to ensure and secure regular oil supply to the world, much of the increase ...