Year Oil – consumption Rank Percent Change Date of Information
2003 472,000 28 2001 est.
2004 460,000 30 -2.54 % 2003 est.
2005 460,000 28 0.00 % 2003 est.
2006 510,000 27 10.87 % 2003 est.
2007 515,000 27 0.98 % 2004 est.
2008 501,000 28 -2.72 % 2005 est.
Year Oil – production Rank Percent Change Date of Information
2003 729,200 27 2001 est.
2004 690,000 27 -5.38 % 2003 est.
2005 785,000 22 13.77 % 2004 est.
2006 770,000 23 -1.91 % 2005 est.
2007 770,000 23 0.00 % 2005 est.
2008 751,800 25 -2.36 % 2005 est.
Reserves estimated at 3,000,000,000 barrels as at 2008, or 3990 days at current production.
Price paid for import/consumption is current market (brent) price. current USD 131.41 (world avg)
Price received for export/production is Tapis price. current USD 142.19, the most expensive crude in the world(usually)
So we make about USD 106,898,440 daily from exports and spend USD 65,836,410 on imports. NET DIFFERENCE OF USD 41,062,030 IN PROFIT DAILY. IF WE TAKE INTO CONSIDERATION THAT THE PUBLIC GETS AN OFFICIAL SUBSIDY OF RM0.30 PER LITER, THEN THE GOVERNMENT, AND NOT THE PEOPLE!!! IS GETTING ABOUT USD 100 MILLION DAILY.
who the fuck is enjoying this???
World Oil Prices http://tonto.eia.doe.gov/dnav/pet/pet_pri_wco_k_w.htm
(Dollars per Barrel)
Period: Weekly
Crude Type
Total World
123.35 126.06 121.36 129.70 129.78 131.41 1978-2008
United States
120.16 121.92 117.82 125.28 125.93 128.02 1978-2008
OPEC* Average
123.86 126.43 121.52 130.00 130.20 131.47 1978-2008
Abu Dhabi, Murban 39º
129.02 131.00 126.63 134.47 136.36 136.07 1978-2008
Algeria, Saharan Blend 44º
127.81 130.77 126.32 135.10 134.45 136.67 1978-2008
Angola, Cabinda 32º
123.93 126.19 121.58 129.97 129.35 131.36 1989-2008
Dubai, Fateh 32º
122.85 124.76 119.96 127.76 129.48 129.39 1978-2008
Ecuador, Oriente 30º
114.82 115.12 111.25 120.64 119.81 121.18 1978-2008
Indonesia, Minas 34º
130.44 133.61 127.97 136.88 138.44 138.15 1978-2008
Iran, Heavy 30º
119.37 121.85 117.42 125.72 125.11 126.73 1978-2008
Iran, Light 34º
122.27 124.75 120.32 128.94 128.41 130.03 1978-2008
Iraq, Kirkuk 36º
119.10 122.64 118.01 127.02 125.81 128.16 1978-2008
Kuwait, Kuwait 31º
119.86 121.69 116.51 124.33 126.00 125.92 1978-2008
Libya, Es Sider 37º
122.35 126.74 121.80 130.63 130.16 132.32 1978-2008
Neutral Zone, Khafji 28º
123.89 126.63 120.79 129.05 129.66 130.90 1999-2008
Nigeria, Bonny Light 37º
130.90 133.71 129.82 138.76 138.29 140.30 1978-2008
Nigeria, Forcados 31º
130.91 133.75 129.87 138.81 138.33 140.35 1978-2008
Qatar, Dukhan 40º
128.33 129.97 125.80 133.92 135.91 135.72 1978-2008
Saudi Arabia, Arabian Heavy 27º
118.54 121.28 114.49 122.75 123.36 124.60 1978-2008
Saudi Arabia, Arabian Light 34º
123.89 126.63 120.79 129.05 129.66 130.90 1978-2008
Saudi Arabia, Arabian Medium 31º
120.89 123.63 117.14 125.40 126.01 127.25 1978-2008
Venezeula, Bachaquero 17º
NA NA NA NA NA NA 1978-2008
Venezeula, Bachaquero 24º
NA NA NA NA NA NA 1978-2008
Venezuela, Tia Juana Light 31º
123.84 125.27 122.26 131.68 130.36 131.90 1978-2008
Non-OPEC* Average
122.73 125.60 121.16 129.33 129.26 131.33 1978-2008
Australia, Gippsland 42º
133.42 136.91 129.12 136.43 137.30 137.70 1989-2008
Brunei, Seria Light 37º
1978-2003
Cameroon, Kole 34º
121.91 126.18 121.82 130.53 128.68 131.31 1989-2008
Canada, Canadian Par 40º
127.91 130.59 126.18 131.05 135.06 135.85 1993-2008
Canada, Heavy Hardisty 22º
113.65 115.72 109.54 113.54 116.90 119.49 2007-2008
Canada, Lloyd blend 22º
1989-2007
China, Daqing 33º
127.08 129.71 123.98 132.08 132.92 132.66 1978-2008
Colombia, Cano Limon 30º
128.02 128.61 125.18 135.06 134.50 136.33 1989-2008
Egypt, Suez Blend 33º
117.81 121.91 117.44 125.63 124.46 126.87 1978-2008
Gabon, Mandji 30º
NA NA NA NA NA NA 1978-2008
Malaysia, Tapis Blend 44º
134.97 138.43 133.00 140.90 142.13 142.19 1978-2008
Mexico, Isthmus 33º
123.73 125.16 122.15 131.57 130.25 131.79 1978-2008
Mexico, Maya 22º
107.08 107.94 104.96 114.90 114.50 116.54 1989-2008
Norway, Ekofisk Blend 42º
127.40 131.81 127.92 136.39 135.10 137.69 1978-2008
Oman, Oman Blend 34º
123.06 124.82 120.45 128.29 129.93 129.84 1978-2008
Russia, Urals 32º
121.30 125.44 119.69 129.92 128.54 131.29 1978-2008
United Kingdom, Brent Blend 38º
126.33 130.13 125.47 134.87 133.85 135.98 1989-2008
