|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
Oil faces struggle to keep above $50
Gulf News - 5/28/2016 1:01:07 PM
Traders are now eyeing next week’s meeting of the Organisation of Petroleum Exporting Countries (Opec) in Vienna to discuss world production levels. “There is probably a sliver of hope that Opec producers will hammer out an agreement to support oil ...
Oil Price Tops $50 As Canada Fires Fuel Recovery
Lucena Informacion - 5/28/2016 1:01:07 PM
World oil prices dipped Friday, with traders taking profits after crude rose above the psychological $50 level this week on evidence of a fall in supplies. Wildfires in Canada are reported to have slashed a quarter of the country's oil production by about ...
Oil hits $50 for first time in seven months
bilbaoya.com - 5/29/2016 10:08:08 AM
"We will resort to any move to regain Iran's lost share in the oil market and increase the ... returned to world markets in January after the lifting of Western sanctions linked to its nuclear programme, has so far refused to curb production.
Local leaders back militants hitting oil production
Cinema Blaze - 5/28/2016 4:21:33 PM
"To IOCs, Indigenous Oil Companies and the Nigerian military; watch out, something big is about to happen and it will shock the whole world", it said ... the affected lines were strategic to the country's oil production. NDA said it was infuriated by ...
World oil prices back at $50
Portal em dia - 5/29/2016 2:01:22 AM
Markets are now eyeing a meeting on June 2 of the Organisation of the Petroleum Exporting Countries in Vienna where it is hoped a deal on reducing production can be reached. A source at oil producer Chevron said on Thursday its activities in Nigeria had ...
The World's Largest Oil And Gas Companies 2016: Exxon Is Still King
Forbes - 5/25/2016 11:56:05 PM
ExxonMobil remains the world’s largest oil company and No ... Earlier this year, oil bottomed in the low $30s. This has been particularly bad news for countries that depend on oil. State-owned oil companies are getting squeezed and in Russia, for ...
Hillary Loves Fracking, But Only In Other Countries
The Daily Caller - 5/28/2016 9:29:22 PM
It helped advise world leaders on the benefits ... been done on public lands in other countries, but Clinton now supports phasing out fracking on public lands in America. Other countries interested in fracking for oil and natural gas received considerable ...
Fueling Oil’s Push to $50: Fear Is Back
The Wall Street Journal - 5/29/2016 1:32:44 AM
Wildfires in Alberta, Canada, this month forced the shutdown of production facilities in the country’s oil-sands region ... But production in the U.S. and other parts of the world is falling as companies cut back. “Today, it doesn’t look like ...
Opec panel sees improving oil market
almontealdia.com - 5/29/2016 4:38:51 AM
In the past when supplies were higher than demand, OPEC nations, particularly Saudi Arabia, have cut production to keep prices strong ... In what could be an important milestone for the world energy markets, oil prices have crossed over the $50 per ...
Oil surges past $50 for first time in 7 months
NYSE Post - 5/29/2016 4:27:32 PM
World oil prices dipped on Friday ... "We will resort to any move to regain Iran's lost share in the oil market and increase the country's production to four million bpd", Zangeneh has been quoted by the media as saying. The Citigroup analysts forecast ...
$50 oil shouldn't pose major threat to consumers, economy
Tri-County Sun Times - 5/29/2016 2:51:29 AM
triggering bankruptcies of US exploration-and-production firms and deficits in oil-rich countries such as Saudi Arabia. World oil prices dipped Friday, with traders taking profits after crude rose above the psychological $50 level this week on evidence of ...
10 Reasons to Hate Oil Stocks
The Motley Fool - 5/29/2016 4:34:41 PM
According to the EPA, oil and gas production ... country still only produces about 10% of total global supplies and about half of its own consumption. As such, it needs to turn to less-than-ideal places to meet its needs. In fact, the bulk of the world's ...
Saudi Aramco Lifted 2015 Oil Output to Record in Market Spat (1)
Bloomberg - 5/29/2016 12:16:59 PM
(Bloomberg) -- Saudi Arabian Oil Co., the world’s largest crude producer ... Co. The second phase of the project will increase the production capacity of the ethane cracker, add a new world-scale aromatics complex and create 22 process plants.
End of glut fuels oil price recovery to above $50 a barrel
Senegal Actu - 5/28/2016 5:30:09 AM
indicating strong demand in the world's top oil consumer. However, there are signs that some companies will ramp up production in response to the recent rally. In Nigeria, attacks by militants in Niger Delta region cut the country's daily output by 800,000 ...
Oil prices and budgets:The OPEC countries most at risk
CNBC - 12/3/2015 6:25:34 PM
Plunging oil prices have left many crude-exporting countries with budgets that simply won ... opt to fall in line with the cartel's "recommended" production guidelines. Sources: IMF World Economic Outlook Database October 2015 (general government revenue ...