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  • The World’s 15 Biggest Oil Producers Thursday, 3 Mar 2011 | 11:59 AM ET
    Unrest in the Middle East has put investors on high alert as crude oil prices move seemingly with every development in the region. In order to understand the effect of those events on both US and global oil markets, a key figure to watch is the amount of crude oil produced daily in each country. With data from the Energy Information Administration (EIA), a division of the Department of Energy, CNBC.com took a look at the countries that produce the most crude oil on a daily basis. Production is d

    With data from the Energy Information Administration (EIA), a division of the Department of Energy, CNBC.com took a look at the countries that produce the most crude oil on a daily basis.

  • The $220 a Barrel Oil Call and the Risk Trade Thursday, 24 Feb 2011 | 4:59 AM ET
    An international oil tanker passes through the Suez canal in Ismailia, Egypt.

    Oil could hit $220 a barrel if "Libya and Algeria were to halt oil production together," analysts at Nomura investment bank predicted.