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
America's biggest oil boom came under Obama
CNN Money - 7/21/2016 6:16:28 PM
Related: World's top oil producers Prices have recently collapsed by more ... "Unless you had a sustainable rise in demand and reductions from other countries, doubling production would just add to that oversupply," said Piazza. --CNN's Chris Isidore ...
Busting Media Myths On Peak Oil
theburningplatform.com - 7/24/2016 5:58:36 PM
That world oil production continues to eke out small gains is due entirely to production from unconventional sources not included in Hubbert’s models. But those sources have shown themselves to be exquisitely sensitive to price. In the two countries best ...
Oil Prices Drop as Production Climbs
FX Empire - 7/25/2016 6:58:51 AM
As the US dollar rallied and data across America said that country’s economy was moving in the right direction and that a recession was not in the cards, oil prices tumbled as the rest of the world seemed ... while crude production gained for a second ...
Two years into the oil price war that changed the world, looks like OPEC is winning
Financial Post - 7/13/2016 10:19:12 AM
Production from the Organization of Petroleum Exporting Countries climbed to ... raising estimates for global oil demand this year and next by 100,000 barrels a day amid resilient fuel consumption in Europe. The world growth rate for 2017 remains unchanged ...
Dawn - 7/25/2016 1:43:53 AM
The world’s top crude-oil exporter, Saudi Arabia is boosting gas capacity, with major new projects meant to reduce the country’s reliance on crude ... after a gas development called Wasit started production in March. It is expected to add 20pc to ...
India expands crude oil refinery capacity
The National - 7/23/2016 7:22:42 AM
to one of the world’s largest exporters of refined petroleum products in 2014 to 2015," PwC says. But production of crude oil within India is very limited, which means the country is heavily dependent on imports – and this dependency is growing.
Goldman Sees Russian Oil Output Topping Soviet Record by 2018
Rigzone - 7/20/2016 2:42:54 PM
Russia, the world’s biggest energy exporter, signaled in April it would boost oil production and shipments after OPEC failed to adopt a plan to ease a supply glut. Rosneft PJSC will likely lead growth over the period through 2018 as the country’s ...
Pakistan's oil output drops 8% with gradual fall in reserves
The Express Tribune - 7/23/2016 7:54:19 PM
In the previous fiscal year 2014-15, the country’s oil production stood at 95,000 barrels per day ... low in the year under review due to “existing low oil prices in world markets for quite a long period now… Owing to the low oil prices it is ...
Singapore Becoming an Oil Tracker’s Nightmare — Energy Journal
The Wall Street Journal Blogs - 7/25/2016 6:51:41 AM
TAKE A GUESS Millions of barrels of oil are being sent to countries which ... Iran boosted its oil production after international sanctions against the nation were removed early this year as part of a nuclear deal with six world powers.
U.S. oil production falls; global demand climbs
Oklahoma News - 7/22/2016 5:07:52 AM
Still, oil production is declining in the United States and globally ... While supply and demand are approaching equilibrium, the world and country still have record levels of oil in storage. "Although stocks are close to topping out, they are at such ...
The Peak Oil Paradox - Revisited
zerohedge.com - 7/19/2016 5:54:23 AM
... increased in 27 countries and decreased in the other 27 countries. One thing we can say is that despite prolonged record-high oil price, production still fell in half of the world’s producing countries. We can also see that in about half of these ...
U.S. oil rig count rises 4th straight week
Daily Comet - 7/24/2016 4:44:01 AM
The world's two largest oilfield ... continue to drop in most parts of the country due to abundant fuel supplies and declining crude oil costs," AAA said. "Oil continues to drop due to the potential for steady production and abundant supplies.
Asian Countries Still Being Bullied by Beijing in South China Sea
cdanews.com - 7/23/2016 5:42:29 AM
The dispute is holding up production. Most foreign oil firms are not willing to commit resources to ... in a region where the U.S. military has been a dominant factor since World War II, but the increasing influence of China is changing the diplomatic ...
Nigeria urgently needs to tackle corruption and theft in its oil industry
worldfinance.com - 7/21/2016 8:29:29 AM
The result, according to OECD data, is a landmark 20-year low in oil production ... Some oil-exporting countries, such as Norway, score among the least corrupt in the world.” It’s no secret that the oil price collapse has been felt keenly across ...
Why Oil Prices Might Not Rebound Until 2019
NASDAQ - 7/20/2016 8:16:22 AM
But according to energy consultants Douglas-Westwood, prices will remain where they are now until about 2019, when offshore oil production will finally peak ... as virtually every country that has any gas reserves will be pushing for a piece of the ...