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
Palm Oil, Rubber on Different Paths
Wall Street Journal - 3/7/2014 5:09:29 PM
The prices of both commodities also track the price of crude oil–as synthetic rubber is a competitor to natural ... around 5 million metric tons on Jan. 1 this year from around 6 1/2 million tons a year earlier. Meanwhile, natural rubber ...
Platts Survey: OPEC Pumps 30.11 Million Barrels of Crude Oil Per Day in February
Market Watch - 3/7/2014 1:56:12 PM
LONDON, March 7, 2014 /PRNewswire/ -- Crude oil production from the Organization of the Petroleum Exporting Countries (OPEC) climbed by 240,000 barrels per day (b/d) to 30.11 million b/d in February from 29.87 million b/d in January following a ...
Iraq Oil Exports Reach 25-Year High, Amid Dip In OPEC Crude Production
Economy Watch - 3/4/2014 1:13:49 AM
and setting the country on course to become the fastest growing crude oil exporter in the world. "Production in February was 3.5 million barrels per day, and we exported 2.8 million barrels per day," al-Shahristani said, describing the figures as ...
Moscow Economic Forum 2014: "For Promotion of Production!"
EIN News Desk World News Report - 3/4/2014 9:06:16 AM
At the same time, occupying the 5th place in the world judging by its gross domestic product ... and prospects of non-oil production developments in the country. In particular, this subject has become the slogan of the Moscow Economic Forum-2014 in which ...
Iraq’s production increment and the OPEC mixed feelings
Middle East Confidential - 3/6/2014 10:29:48 AM
The increase in production and exportation favors the country rebuilding even though its neighboring countries continue to experience violence. Iraq holds the world’s fifth-biggest oil reserves. The increment could play an immense role in providing ...
World Depends on Two Countries for Increase in Oil Production
OilPrice - 11/11/2013 11:59:04 PM
The IEA released the 2013 edition of its much-anticipated World Energy Outlook, which projects oil ... Yet, the IEA believes that over half of this production will come from two countries: Iraq and Brazil. First, let’s take Iraq. Iraq has the fifth ...
South Sudan oil production down
Iafrica - 3/3/2014 7:20:05 AM
India's ONGC Videsh Ltd, a partner in two joint oil production companies in South ... it was one of the continent's least developed countries. GDP amounted to just $10.22-billion in 2012, according to the World Bank. Thousands of people have been killed ...
FACTBOX-Oil production cost estimates by country
Reuters - 7/28/2009 9:15:50 AM
Those figures do not include the more expensive Orinoco oil from the country's sand deposits ... various types of hydrocarbons in different parts of the world: Oilfields Estimated Production /source Costs ($ 2008) Mideast/N.Africa oilfields ...
20 countries seeing biggest increase in oil production
Rediff - 11/8/2013 3:09:55 AM
Oil-rich countries are increasing production to keep up with increasing demand around the world, especially in the emerging economies. Let's take a look at some nations that are witnessing biggest gain in production. Image: A taxi driver fills his cab at a ...
Top 5 Oil-Producing Countries In 2011
Investopedia - 3/22/2011 11:58:11 PM
However, some have commented that current price rise may be an overreaction, since Libya produces only about 2% of the world's oil per day. While that is not an insignificant amount, other large oil producing countries could potentially step up production ...
What the EIA's World Oil Production Data for 2011 Tells Us About 2012
OilPrice - 4/11/2012 11:58:32 PM
Click here to find out more. The US Energy Information Administration (EIA) recently released full-year 2011 world oil production data. In this post, I would like show some graphs of recent data, and provide some views as to where this leads with respect ...
Top 10 oil and gas producing countries in 2012
mining.com - 6/14/2013 10:46:25 PM
World oil production rose about 2.5% last year ... with 395 million tonnes of oil produced last year. Eight out of 10 countries increased their oil output and only two — Iran and Mexico — fell. The US is the leader in terms of oil production growth ...
Saudi Prince: Fracking Threatens 'Any Oil-Producing Country in World'
Townhall.com - 1/7/2014 8:13:59 PM
Thanks to fracking, the production of oil and natural gas in the United ... Bin Talal said that new shale oil discoveries “are threats to any oil-producing country in the world,” reports CNS News. “It is a pivot moment for any oil-producing country ...
U.S. to Be Top Oil Producer by 2015 on Shale, IEA Says
Bloomberg - 11/13/2013 12:33:40 AM
The role of the Organization of Petroleum Exporting Countries will recover in the ... account for one-third of the increase in global production and make the nation the world’s sixth-largest oil producer, according to the agency.