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
Oil Eases America's Rocky Relationship with These 7 Countries
Daily Finance - 3/9/2014 1:39:31 PM
it's relationship with Saudi Arabia is by far the longest and the most important. Not only does the Kingdom supply the US with 13% of its total oil Saudi Arabia's role in the global oil market is unsurpassed. It has over 2 million barrels of ...
Libyan leader threatens to bomb North Korean oil tanker
CNN - 3/8/2014 9:33:09 PM
Tripoli, Libya (CNN)-- Libya's prime minister threatened Saturday night to bomb a North Korean ... and that it is registered in North Korea. A spokesman for Libya's National Oil Corporation indicated the tanker was Saudi owned, but Saudi ...
Libyan 'force' goes after threatened North Korean oil tanker in rebel-held port
CNN - 3/9/2014 5:21:25 PM
There is a lot at stake, given the Libyan government's precarious state and the wealth of natural resources in the country. Libya is thought to have Africa's largest proven ... has said the disrupted oil production, from the seizures of ports ...
Soybean Crop Outlook Cut Further by Oil World on South America
Businessweek - 3/4/2014 8:33:28 PM
“Brazilian soybean crop prospects have further deteriorated,” Oil World wrote ... NYC Brides The White House Promises There Will be No Obamacare Bailout The Healthy, the White and the 50-Plus Are Most Likely to Oppose Obamacare Putin ...
What will cause world oil supply to fall?
The bull - 3/9/2014 8:27:32 PM
3. Oil prices are too high for oil consumers leading to recession, debt defaults, and ultimately a cut back in credit availability and very low oil prices 4. Oil exporters are subject to civil unrest and overthrow of governments, due to low prices and/or ...
Malaysia to allow palm-oil production to rise
Big News Network - 3/9/2014 10:04:46 AM
Neighbouring Indonesia has already increased the amount of biodiesel mixed with fuel from 7.5% to 10%. BY July, Malaysia will enhance the current biofuel ratios. Currently it stands at 5% methyl ester of palm and 95% fossil diesel. The oil is mainly used ...
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 ...
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 ...
Palm Oil, Rubber on Different Paths
Wall Street Journal - 3/6/2014 11:58:41 PM
The Malaysian state of Selangor, meanwhile, has started rationing water. The countries account for about 90% of world palm oil output. According to Thomas Mielke, the director and editor of research firm Oil World, palm oil stocks in key ...
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 ...
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 ...
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 ...
Saudi Prince: Fracking Threatens 'Any Oil-Producing Country in World'
Townhall.com - 1/7/2014 8:13:59 PM
In an interview with The Globe and Mail, Saudi Arabia’s Prince Alwaleed Bin Talal said that new shale oil discoveries “are threats to any oil-producing country in the world,” reports CNS News. “It is a pivot moment for any oil-producing country ...
U.S. to Be Top Oil Producer by 2015 on Shale, IEA Says
Bloomberg - 11/13/2013 12:33:40 AM
The role of the Organization of Petroleum Exporting Countries will recover in the ... account for one-third of the increase in global production and make the nation the world’s sixth-largest oil producer, according to the agency.
Sunflower Seed, Rapeseed Production Seen at Record by Oil World
Bloomberg - 11/19/2013 2:16:55 PM
Global production of sunflower seeds may be larger than estimated a month ago and rapeseed output will reach a high as prospects improved for crops from Canada to Russia, Oil World said. Palm oil supplies will also climb. Sunflower seed ...