|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
Oil Output Cuts Unthinkable for OPEC Have Nots: Chart of the Day
Bloomberg - 11/19/2014 11:53:21 PM
The prospect of contributing to oil-production cuts is so unthinkable for some ... The CHART OF THE DAY shows that the Organization of Petroleum Exporting Countries has supplied more oil to world markets than it agreed at prior gatherings.
Tight Oil Test: U.S. Production Growth Remains Resilient Amid Lower Crude Oil Prices
Business Wire - 11/20/2014 4:06:53 PM
IHS estimates 2015 U.S. tight oil production growth at around 700,000 barrels per ... profitable growth and employs more than 8,000 people in 31 countries around the world.
Iran to stand firm on oil market share with sanctions possibly lifting
The National - 11/20/2014 6:37:12 PM
Iran’s oil minister said the country would defend its market ... discourage investment in some of the higher-cost production, especially in North America, that has been a main source of oversupply in world markets. This was tacitly accepted by Mr ...
World Sets New Oil Production and Consumption Records
Energy Trends Insider - 7/9/2014 11:53:36 PM
Last month BP (NYSE: BP) released the Statistical Review of World Energy 2014. This report is one of the most comprehensive sources of global and country level statistics on production and consumption of oil, natural gas, coal, nuclear power and renewables.
Here's What The New Era Of Cheap Oil Means For The World's Major Economies
The Business Insider - 11/20/2014 4:21:12 PM
Japan Can cheap oil move impassive central bankers? In a country that imports nearly every last ... for oil markets right now is whether Saudi Arabia, the world’s swing producer, will cut production in order to boost global prices. Stuart says there ...
New Report Available: Qatar Oil & Gas Report Q4 2014
athletenewswire.com - 11/20/2014 7:05:50 PM
Oil Market Outlook and Oil Products Outlook Based on our country coverage of over 99% of global oil and gas production and consumption ... Representing the world’s top research publishers and analysts, we provide quick and easy access to the best ...
Why petroleum was driven by US onshore liquid volumes
Yahoo Finance - 11/20/2014 8:53:13 PM
The operations are located in six countries around the world. There’s also a potash ... note because liquid volumes are more profitable. Crude oil, condensate, and natural gas liquid (or NGL) production also increased by 19% year-over-year (or YoY).
FACTBOX-Oil production cost estimates by country
Reuters - 7/28/2009 5:19:37 AM
July 28 (Reuters) - The cost of pumping ... to make new discoveries, production costs were generally estimated at $20 a barrel (operating and capital costs). Those figures do not include the more expensive Orinoco oil from the country's sand deposits.
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 ...
US oil production surge to break Saudi Arabia's grip on world energy
Daily Telegraph - 11/7/2014 8:51:20 AM
The report comes as Saudi Arabia - the world's largest oil exporter - appears willing ... oversupply and uncertainty over the future production policies of the Organisation of Petroleum Exporting Countries (Opec). The group of 12 mainly Middle East petro ...
Russia Can Do Little to Shore Up Falling Oil Prices
Voice of America - 11/20/2014 9:40:20 AM
Russian wells will freeze if they stop pumping oil, and the country ... of the Petroleum Exporting Countries urged Moscow to join forces to cut supply to shore up prices. 'Nothing has changed' Then and now, the world's biggest producer lacks the ability ...
Turkey Oil & Gas Report Q4 2014 – New Study Released
eTV Futures - 11/20/2014 5:11:18 PM
In early July the World Bank approved a USD400mn loan to finance ... Oil Market Outlook and Oil Products Outlook Based on our country coverage of over 99% of global oil and gas production and consumption, BMI provides demand, supply and price forecasts ...
‘Global economy will benefit from oil price decline’
RT - 11/20/2014 11:42:01 AM
RT: There have been multiple reports that OPEC (Organization of the Petroleum Exporting Countries) won't cut production to stabilize ... at least at the oil and gas field, as well, and other economies around the world as far as the petroleum producing ...
Crude Oil Edges Down as Market Eyes OPEC
4 Traders - 11/20/2014 12:10:39 PM
LONDON--Crude oil prices were marginally ... next week's meeting of the world oil cartel will halt a slump. The Organization of the Petroleum Exporting Countries meets on Nov. 27 and investors are seeking guidance on whether production will be reduced ...
Oil steadies above $78 as market awaits OPEC
Business Recorder - 11/20/2014 9:14:41 PM
Ministers from the Organization of the Petroleum Exporting Countries will ... North American shale oil production of high quality, light oil has overwhelmed demand at a time of lacklustre economic growth in many parts of the world. A survey on Thursday ...