|Rank||Country||Oil - production (bbl/day)|
|7||United Arab Emirates||3,213,000|
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, 2014See also: Oil - production map
Top 10 Oil Rich Countries
MILLIONAIRE CORNER - 7/27/2015 12:51:48 PM
The drop in price due to increased American production and improved fuel efficiency has had a negative effect on the country, which is sitting on ... No. 1 Venezuela – This is the wild card in the world’s oil marketplace. With almost 300 billion ...
Cameroon Ramping Up Oil Production As Prices Moving Down
Yahoo Finance - 7/28/2015 3:56:43 PM
But not Cameroon. For the first time since 2002, the West-Central African country has increased oil production to over 100,000 barrels a day – a 17 percent increase over 2014 levels. What's more, the World Bank predicts Cameroon will produce more than ...
Oil down in Asia, hurt by Chinese factory slump
Times of India - 7/27/2015 4:33:42 PM
Oil prices fell further in Asia on Monday, hurt by a slump in the manufacturing sector in China, the world's top energy ... is seen as a key barometer of the country's economic health. In a sign of drillers ramping up production, US producers added 21 ...
ConocoPhillips 2Q Earnings: Lower Oil Prices To Significantly Eat Into Profits
Trefis - 7/28/2015 5:22:37 PM
ConocoPhillips is the world’s largest independent exploration and production company ... 8.91 billion barrels of oil equivalent (BOE) at the end of 2014. Headquartered in Houston, Texas, the company has operations in 27 countries, generating annual ...
World commodities : Oil
Dawn - 7/27/2015 1:10:17 AM
World oil demand growth is expected to slow in the second ... Currency devaluation in other producing countries also helped support production and exports. The current downturn in the global oil industry may prove to be more severe than in 1986, when ...
Letter: Lift U.S. Ban On Oil Exports
Virginia Connection Newspapers - 7/28/2015 7:31:28 PM
Technological innovations in exploration and production have made the U.S. the world’s leading oil and gas producer. The energy boom has been a vital component of the country’s long, difficult recovery from the “great recession,” accounting for the ...
Palm oil can be Ghana’s next ‘gold’
Ghana Web - 7/26/2015 10:01:11 AM
Speaking at the Tropical Forest Alliance 2020 Palm Oil Initiative Ghana Country Workshop held ... if it commits to sustainable production,” he added. Global Commitment to Sustainable Palm Oil He said, as one of the world’s largest buyers of palm ...
Oil Prices Retreat As OPEC Output Soars
MENAFN - 7/28/2015 7:07:01 AM
The international market seems more focused on US rig counts and shale oil production than on OPEC's production ... Jul 28 2015 - 'Kuwait One Of Top Countries In World Suffering From Diabetes', Arab Times (MENAFN - Arab Times) The following is an interview ...
In a perfect world oil would be $100 and the loonie 80 cents — too bad that’s never going to happen
Financial Post - 7/27/2015 3:04:49 AM
It is central to many of the world’s great ... goods manufactured in the country more attractive on the export market, and turns Canada into a more enticing destination for foreign travellers. Clearly, the ebb and flow of oil prices and our petrocurrency ...
Oil bulls flee at fastest pace in 3 years as glut expands
Tulsa World - 7/28/2015 6:16:54 AM
The Organization of Petroleum Exporting Countries pumped the ... After its nuclear accord with world powers, Iran will focus on regaining market share it lost because of sanctions, regardless of the impact on prices, Oil Minister Bijan Namdar Zanganeh ...
5 Countries Leading the Way to a Fossil Fuel-Free Future
Alter Net - 7/28/2015 4:03:53 PM
In the year 2014, Denmark set a world record for windmill production. The country now enjoys around 40 percent of its ... port town Esbjerg have been the center of the nation's offshore oil and gas industry. But for more than a decade, Esbjerg's new ...
BP Q2 Earnings Preview: Lower Oil Prices To Overshadow Production Growth
NASDAQ - 7/27/2015 3:19:08 AM
However, higher production volume because of the contribution ... Headquartered in London, BP is one of the world's leading oil & gas multinationals with operations in more than 80 countries. As a vertically integrated oil and gas major, it has both ...
Kuwait urges Saudi Arabia to resume output at disputed oil field
Economic Times - 7/28/2015 10:27:26 AM
KUWAIT CITY: Kuwait has called on Saudi Arabia to resume production at a disputed border oil field, saying its neighbour will ... 300,000 barrels per day and was jointly operated by the two countries, was halted in October. Kuwait said Saudi Arabia ...
The Oil Patch Will Rise Again
Investing Daily - 7/28/2015 2:35:00 AM
Not only did U.S. oil production grow faster than the output in Saudi ... for Economic Co-operation and Development (OECD) — the grouping of the world’s developed countries. But demand growth in developing countries overwhelmed the declines in the ...
The Nuclear Deal is Mostly about Oil
Townhall Finance - 7/29/2015 1:58:01 AM
It also has the world’s second largest reserves of natural ... percent in 2013/14 to $56 billion (Islamic Republic of Iran, Country Report, April 14, 2014). By May 2015, Iran’s daily oil production had fallen from 4 million barrels in 2008 to just ...