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
Drilling Down: Oil Production Scenarios Across Countries
Seeking Alpha - 5/19/2022 5:26:00 PM
The European Union’s plans for a phased ban on Russian oil imports leaves a sizeable hole in global supply. So, what should investors pay attention to in trying to leverage oil gains? Even if you set aside the Russia factor,
The planet-warming effects behind oil production in West Texas
KHOU 11 - 5/25/2022 9:22:00 PM
More than 30% of US oil and gas production comes from the Permian. But a study in the journal Science Advances found 3.7% of what's extracted is simply wasted. “Midland, Odessa, for example, does not need more natural gas, but much of the world does.
Texas Ramps Up Oil Production As Gas Prices Reach New Record High
Pros - 5/25/2022 7:42:00 PM
As the Biden administration doubles down on its policies restricting domestic oil and gas production and promoting green energy, Texas is ramping up production and hiring people to work in the industry.
Russian Oil Production Falls Almost 9% In April Amid Ukraine War
Crude Oil Prices - 5/17/2022 3:00:00 PM
Russia’s crude oil production plunged by almost 9 percent in April to average just 9.16 million barrels per day (bpd), more than 1 million below the country’s quota in the OPEC+ deal
The world, with or without us: Increasing gas and oil production is a disastrously bad idea
Salon on MSN.com - 5/22/2022 10:00:01 AM
Author of "The World Without Us" on his recent trip to Iraq — and why the Ukraine war is no excuse to pump more oil
Russian crude production plunges by nearly 9% in April, OPEC+ data shows
Reuters - 5/17/2022 11:45:00 AM
Russian crude output in April fell by nearly 9% from the previous month, an internal OPEC+ report showed on Tuesday, as Western sanctions on Moscow following its invasion of Ukraine hit the top oil producer.
Russia to send oil rejected by Europe to Asia, other regions, says Novak
Reuters - 5/19/2022 7:42:00 AM
Russia will send any oil rejected by European countries to Asia and other regions, Deputy Prime Minister Alexander Novak said on Thursday, adding that Europe would have to find substitute supplies that would be more expensive.
The world is running out of oil — vegetable oil
The Star - 5/5/2022 1:10:00 PM
The world is slowly running out of vegetable ... is experiencing unprecedented labour shortages affecting palm oil production. The country accounts for nearly a third of palm oil exports ...
Nigeria’s oil production falls over poor maintenance, says World Bank
The Punch on MSN.com - 5/15/2022 12:00:00 AM
Sami Tunji, Abuja Published 14 May 2022The World Bank has said that Nigeria’s oil production declined in 2021 due to a lack of maintenance and the loss of infrastructure efficiency.It added that Nigeria was yet to benefit from increasing oil prices as a result of declining oil production and fuel subsidy.
Oil production: Nigeria leads Q1 shortfall, World Bank cites sabotage
The Punch Newspapers - 4/27/2022 2:53:00 AM
The World Bank has said Nigeria has the largest shortfall among oil-producing countries due to sabotage within the oil production system and other factors, such as low investments and the COVID-19 ...