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, 2020
See also: Oil - production mapRelated News
January Non-OPEC Oil Production Climbs Again
Seeking Alpha - 5/10/2021 7:15:00 AM
Non-OPEC production continued to climb from the May 2020 low of 45,272 kb/d. January's output increased by 448 kb/d to 48,862 kb/d from December.
Few Signs of Recovery for U.S. Oil Production, OPEC Says
Wall Street Journal - 5/11/2021 8:12:00 PM
American oil production is set to drop again this year, with the shale industry’s output showing few signs of recovery despite a broader pickup in economic activity, OPEC said.
Shell, Exxon join $2.6B plan to store Dutch CO2 in subsea reservoir
World Oil - 5/17/2021 10:03:00 AM
The project at the Port of Rotterdam could sequester about 2.5 million metric tons of carbon dioxide annually by storing it in depleted gas fields in the seabed. The four companies involved—Shell, Exxon,
Iran’s oil minister to retire, says he won’t accept another role
World Oil - 5/17/2021 3:07:00 PM
Iran’s veteran oil minister, Bijan Namdar Zanganeh, will retire when President Hassan Rouhani’s term ends this year, closing a career that started with the birth of the Islamic Republic in 1979 and has often been defined by his country’s turbulent relationship with the U.
Dutch government invites Shell, Exxon to join $2.6B subsea carbon storage plan
World Oil - 5/17/2021 10:14:00 AM
The project at the Port of Rotterdam could sequester about 2.5 million metric tons of carbon dioxide annually by storing it in depleted gas fields in the seabed. The four companies involved—Shell, Exxon,
Can Canada Boost Oil Production While Reducing Emissions?
Crude Oil Prices - 5/13/2021 7:00:00 PM
Canada is looking to increase oil production during the next decades while it also aims to seriously reduce carbon emissions, and critics say that achieving both will be impossible
Avocado Oil Market 2021 : Top Countries Data, Market Size, Defination, Brief Analysis of Global Industry with Forecast Growth By 2024
MarketWatch - 5/12/2021 1:52:00 AM
The Global "Avocado Oil Market"was valued at 180 million USD in 2020 and is expected to reach 210 million USD by 2024, at
Total and Papua New Guinea government remobilizing, planning Papua LNG project
World Oil - 5/6/2021 2:15:00 PM
France-based oil company Total and the government of Papa New Guinea announced the remobilization of the Papua LNG project after a year of delay caused by the Covid-19 pandemic.
Oil posts weekly gain on expectations for stronger summer demand
World Oil - 5/7/2021 8:29:00 PM
Oil posted a gain this week as expectations for growing economic activity in nations from the U.S. to Europe fueled optimism around stronger summer demand.
Iran Gears Up for Return to Oil Market as U.S. Talks Advance
Bloomberg - 5/15/2021 11:01:00 PM
Iran is preparing to ramp up global oil sales as talks to lift U.S. sanctions show signs of progress. But even if a deal is struck, the flow of additional crude into the market may be gradual.
