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, 2020See also: Oil - production map
Corn Oil Market 2021 : Global Industry Analysis by Top Countries Data, Types and Application, Top Key Players, Regions and Forecast by 2026
MarketWatch - 3/5/2021 4:02:00 PM
According to 360 Research Reports, the “Corn Oil Market" 2021 by Types (Bulk Product, Bottled Product), Application
OPEC+ Squeezes Oil Production Tight to Protect Price Recovery
Bloomberg - 3/4/2021 7:23:00 PM
Saudi Arabia and its OPEC+ allies shocked the oil market with a decision to keep supply in check, sending prices surging and adding inflationary pressure to the global economy as it emerges from the pandemic.
Oil Sands Give OPEC a Boost With Half-Million-Barrel Output Cut
Bloomberg - 3/5/2021 12:57:00 PM
Major oil sands producers in Western Canada will idle almost half a million barrels a day of production next month, helping tighten global supplies as oil prices surge.
Oil price’s record climb continues on falling global crude inventories
World Oil - 2/10/2021 11:09:00 AM
While there are still concerns about near-term demand with many countries still in lockdown, vaccines have helped improve the outlook. “Oil prices ... boost drilling and production from the ...
IEA cuts global oil consumption estimates for 2021 as virus persists
World Oil - 2/11/2021 9:39:00 PM
LONDON (Bloomberg) --The re-balancing of global oil ... the production withheld in 2020 and are pumping at record levels. Total supplies outside the Organization of Petroleum Exporting Countries ...
Iraq’s climbing oil exports push OPEC compliance further out of reach
World Oil - 2/18/2021 1:49:00 PM
Exports aren’t a direct gauge of production but give an insight into output levels. Countries can sell down stockpiled oil, which doesn’t count toward their OPEC+ quotas. Additionally ...
World’s largest crude trader sees ‘post-vaccine euphoria’ in oil prices
World Oil - 2/7/2021 2:41:00 PM
(Bloomberg) --The world ... production, Gunvor Chief Executive Officer Torbjorn Tornqvist said on Friday. Vaccines have been rolled out faster than energy markets predicted and China’s oil ...
OPEC+ will keep oil output steady next month, per Iraq’s oil minister
World Oil - 2/11/2021 12:00:00 AM
(Bloomberg) --Iraq said the OPEC+ oil cartel is ... of Petroleum Exporting Countries and partners such as Russia -- an alliance known as OPEC+ -- began unprecedented production curbs in May ...
Oil prices wobble on lower U.S. supplies and weaker crude demand
World Oil - 2/18/2021 12:00:00 AM
A fourth weekly decrease in crude inventories and the decline in production ... More oil-market news: The cold blast sweeping Texas is creating opportunities for refiners around the world to ...
Net zero regulation: Russia will replace all the U.S. oil Biden wants to ban
World Oil - 2/9/2021 3:51:00 PM
Instead, its state-owned energy companies benefit from some of the world’s lowest production ... how his country plans to cut emissions, and Swedbank Robur subsequently excluded oil and gas ...