Definition: This entry is the total oil imported in barrels per day (bbl/day), including both crude oil and oil products.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2014See also: Oil - imports map
China's Thirst For Oil Sends Beijing Scrambling For Answers
Forbes - 10/22/2016 6:39:12 AM
Now, that burden will continue to shift to China, the world’s second largest economy ... Dilemma in the making Though China’s record high oil imports last month were largely attributed to the country filling up its strategic petroleum reserves, it ...
The Big Oil Comeback
thesovereigninvestor.com - 10/25/2016 9:37:35 PM
At the current pace, the country is on track to raise yearly imports by 7% for the second time ... against a backdrop in which the IEA, in its World Energy Investment 2016 report, said current oil wells around the globe are depleting by an average of ...
Singapore named IEA association country, underlining energy hub status
CNBC - 10/24/2016 1:43:20 AM
To become a member, countries that are net oil importers must show they have reserves of crude oil and/or products that are equivalent to around 90 days of the previous years' average net oil imports. The government, even if it doesn't own the reserves ...
Renewable Energy: India to Replace Coal with Cheaper Solar Power by 2022
Nature World News - 10/24/2016 12:20:25 PM
India is taking the lead in creating a country powered by renewable energy by ... The report says that by the year 2035, India's gas import will increase by a staggering 573 percent, oil import by 169 percent and coal import by 85 percent.
Nigeria: FG plans 60% reduction in fuel imports by 2018, Economists say planned 2.5 Mmbpd crude oil production insufficient
ecofinagency.com - 10/25/2016 8:37:20 AM
(Ecofin Agency) - The Minister of State for Petroleum Resources, Emmanuel Kachikwu (photo), has announced plans by the Federal Government to reduce its level of fuel imports by 60 ... to catch up with the world, we cannot use our oil for money, we should ...
Oil prices edge up on record Indian imports and OPEC output cut deal
The Indian Express - 10/12/2016 7:26:51 AM
Oil imports by the world’s third biggest oil consumer surged 17.7 percent from a year ago, according to ship tracking data and a report compiled by Thomson Reuters Oil Research and Forecasts. The prospect of countries from oil group OPEC and non-OPEC ...
Venezuelan Oil Is Largely Staying in Ground or Going Up in Smoke
The Wall Street Journal - 10/23/2016 3:56:21 PM
Every month, Punta de Mata’s smoke columns grow higher, a staggering waste at a time when Venezuela, the holder of the world’s largest oil reserves, desperately needs cash from every barrel to import scarce food and medicine. The wells are ...
International Oil Companies Competing to Operate and Invest in Africa
Atlanta Black Star - 10/25/2016 9:08:57 PM
China is the world’s second-largest consumer of oil, and it’s projected to become the world’s largest consumer by 2030. It is estimated that the country will import over 66 percent of its total oil by 2020, and 72 percent by 2040. Its second-largest ...
Nigeria expects 22 pct jump in oil output by end-Dec
Reuters - 10/17/2016 12:14:24 PM
He said the Organization of the Petroleum Exporting Countries, which has agreed to cut world output to rescue prices ... March 31 Nigeria accounted for nearly 12 percent of all crude oil imports by India, one of the fastest growing economies and energy ...
MCX Crude Palm Oil market under short covering
Commodity Online - 10/25/2016 6:28:29 AM
Moreover, lowing import taxes may encourage cheaper edible oil imports in the domestic market from world markets. According to Intertek ... Production growth in the key palm oil producing countries has been slow adding further concern to the tight veg ...
Oil edges up on Indian imports, hopes of producer cut
Gulf Times - 10/12/2016 10:32:58 AM
Oil imports by the world's third biggest oil consumer surged 17.7 percent from a year ago, according to ship tracking data and a report compiled by Thomson Reuters Oil Research and Forecasts. The prospect of countries from oil group OPEC and non-OPEC ...
Russian Mega India Deal Takes Oil Battle to Mideast Backyard (1)
Bloomberg - 10/25/2016 12:19:14 PM
Rosneft is targeting a market of 1.3 billion people that imports more than 80 percent of its crude requirements and which is forecast by the International Energy Agency to be the world’s fastest-growing oil consuming nation through 2040. The country has ...
4 reasons why Venezuela became the world's worst economy
CNN Money - 10/25/2016 5:09:44 AM
How did it get so desperate in Venezuela -- a country sitting on more oil than any other in the world? Here are 4 reasons why it's ... In the first half of 2016, food imports were down by nearly 50% from the same time a year ago, according to several ...
World Bank raises 2017 crude price forecast
perspectivabetica.com - 10/23/2016 3:06:15 PM
The dollar rose to its highest level since March against a basket of other leading currencies on Thursday, potentially crimping demand as fuel becomes more expensive for countries ... improved oil prices. The EIA reported that us crude oil imports averaged ...
Singapore Joins IEA as Association Country, Becoming the Energy Hub for Southeast Asia
researz.com - 10/24/2016 8:45:40 AM
To become a full member of the IEA, countries that are net oil importers must show they have reserves of crude oil and/or products that are equivalent to around 90 days of the previous years’ average net oil imports. The government, even if it doesn’t ...