|Rank||Country||Oil - production (bbl/day)|
|8||United Arab Emirates||2,813,000|
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
Low Oil Prices Pressuring Producing Countries
Think Advisor - 5/21/2015 5:21:32 AM
The move is seen not only as an indication of a tougher foreign policy in the future but as a predictor that the country’s current oil production levels will continue ... estate investments elsewhere in the world. According to consultants CBRE, SWFs ...
Top 10 countries in the world by oil consumption
explorationworld.com - 5/21/2015 12:35:12 AM
Anyone reading this article probably already know that the world ... to production, reserves, imports and exports are also from 2013. This means those may not be up-to-date, but rather reflect the relationship of those metrics to 2013's global oil consumption.
OPEC countries need oil prices above $100/barrel to break in budgets: Experts
customstoday.com.pk - 5/21/2015 4:09:57 AM
DOHA: Energy expert Dr Mamdouh G Salameh says that, with the exception of Qatar and possibly Kuwait, most OPEC countries need oil prices ... an international oil economist and consultant for the World Bank in Washington DC on oil and energy, drew everyone ...
U.S. Oil Storage Declines: Oil Prices Rise
The Inquisitr - 5/21/2015 2:18:25 PM
the U.S. Energy Information reported in their weekly crude oil report on Wednesday that the country’s ... and Saudi Arabia, the world’s top oil exporter, is just across the border. Because of unrest so near such a large production of oil, oil prices ...
South Sudan oil production down to 165,000 bpd - ministry
Zawya - 5/22/2015 6:17:37 AM
Production has been slashed by about a third since fighting broke out in the world's newest ... in recent days in oil producing areas in Upper Nile state, and the latest incidents were witnessed in Melut and near the country's main Paloch oilfield.
Saudi Arabia and the Shifting Geoeconomics of Oil
Carnegie Endowment For International Peace - 5/21/2015 4:12:57 PM
As the strongest player in the world oil market, Saudi Arabia has always sought ... by an increase in U.S. shale production or other light production in Iran, Iraq, or Libya as those countries seek to return to the market. An inverse situation in 2011 ...
Oil to Return to $80 With or Without OPEC Cut Says Iranian Official
The Motley Fool - 5/21/2015 10:00:43 AM
Javadi said his country would work hard to regain the market share it lost to other oil producers ... Iran's return to full production. This $19 trillion industry could destroy the Internet One bleeding-edge technology is about to put the World Wide ...
Sunflower oil world output to reach 60m tonnes
Trade Arabia - 5/21/2015 10:29:21 AM
Contributing to this growth, Mazola has been at the forefront of sunflower oil production in the GCC ... and animal oils and fats design capacity in GCC countries. To expand the sunflower world’s value chain, a lot of scientific and agro-technological ...
World Bank Updated Forecast Predicts 2016-17 Kazakh Economic Growth Recovery
astanatimes.com - 5/21/2015 12:52:31 PM
ASTANA –The spring 2015 edition of the biannual Kazakhstan Economic Update of the World Bank titled “Kazakhstan – Low Oil Prices; an Opportunity to Reform” forecasts a positive economic scenario for the country ... that oil production will remain ...
World Governments Subsidize the Burning of Fossil Fuels to the Tune of $10 Million a Minute
The Nation - 5/21/2015 6:14:38 PM
According to the comprehensive account in The Guardian that broke the story of a new IMF study, $10 million a minute is how much the world’s governments are spending to subsidize the burning of coal, oil ... United States and countries around the ...
OPEC Refuses to Yield in Battle for Oil-Market Share
Bloomberg - 5/22/2015 6:31:56 AM
All but one of the 34 analysts and traders surveyed by Bloomberg said the Organization of Petroleum Exporting Countries will maintain its daily production target ... at Vitol Group, the world’s largest independent oil trader, said at a conference in ...
Algeria - I Expect Oil Exports To Decrease
Seeking Alpha - 5/21/2015 3:34:10 AM
the Arab world to the east, and Africa to the South. To the West, the country is relatively close to the Atlantic Ocean leading to the East Coasts of both North and South America. To start, let us look at Algeria's total oil liquids production and consumption.
Oil rises as U.S. supply data signal glut may ease
The Vancouver Sun - 5/21/2015 1:13:59 PM
Prices may decline as drillers become more efficient and the Organization of Petroleum Exporting Countries refrains ... supplies about 40 per cent of the world’s oil, meets in Vienna on June 5 to discuss its production target. To contact the reporters ...
What's Next for Oil Prices? Look Out Below!
Yahoo Finance - 5/21/2015 9:39:14 AM
Just like that, all is right in the world again. Whew. But doubts are growing about the sustainability of the oil rally given still high inventory levels, high U.S. production ... than expected and that developing countries like China are stockpiling ...
Kingdom built on oil foresees fossil fuel phase-out this century
Financial Times - 5/21/2015 7:11:54 PM
Saudi Arabia, the world’s largest ... cent of its total crude production — more than 10m barrels a day — is used domestically. A 2012 Citigroup report said that if Saudi oil demand continued to grow at current rates, the country could be a net ...