The United States produces 14,837,640 barrels per day of oil (as of 2016) ranking 1st in the world. Expanded product description and database documentation. U.S. This also excludes liquid fuel adjustment factors such as refinery processing gain, as well as oil shales/kerogen extracted in solid form. Latest available data for a fixed period, Leading U.S. oil and gas producers based on market cap Oct 2022, Crude oil production in the U.S. by state 2021, West Texas Intermediate annual average oil price 1976-2023. January 2007 - December 2008 World Oil Production Level Chart View Full Chart No data available Historical Data View and export this data back to 1965. Available: https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, Distribution of crude oil production worldwide in 2021, by leading country, Available to download in PNG, PDF, XLS format, Countries with largest conventional oil reserves 2020, Proved oil reserves in the U.S. 1980-2020, Oil refinery capacity in the U.S. 1970-2021, Largest crude oil refineries in the U.S. 2022, Oil production in the United States 1998-2021, U.S. monthly oil production by oilfield 2020-2022, U.S. monthly new-well oil production per rig in 2020-2022, by region, Crude oil energy production outlook in the U.S. 2021-2050, Rotary rig count in U.S. by type 2011-2021, Oil rig count in the U.S. by region August 2022, Drilled but uncompleted oil and gas wells in the U.S. 2020-2022, by region, Petroleum exports from the U.S. 1950-2021, Petroleum imports into the U.S. by country 1985-2021, U.S. oil & gas producers' breakeven prices by oilfield 2022, Oil and gas extraction industry value added in the U.S. 1998-2021, Oll and gas extraction industry gross output in the U.S. 1998-2021, Oil and gas extraction industry employment in the U.S. 1998-2021, Oil and gas industry employment in the U.S. by occupation 2021, Leading oil and gas producers in the U.S. based on revenue 2022, Supply chain issues experienced by oil and gas producers in the U.S. 2022, Production cost breakdown of one barrel of oil in the top oil producing nations 2015, Global share of oil production 2021, by country, Oil production in the European Union 2000-2021, Share of oil and gas production in Russia in 2018, by region, Oil production percent change by country 2013, Ecopetrol: crude oil production share 2020, by type, Ecopetrol: crude oil production 2016-2020, by type, Refinery feedstock volume of crude oil in Finland 2007-2017, Production of oil in the GCC by member states 2019, Liquid hydrocarbons production by Rosneft 2016-2020, Crude oil production in Angola, by operator 2018, Oil production in the Asia Pacific region 1998-2021, Proved crude oil reserves in the U.S. 1990-2020, Share of spending on capital and expenditure oil sector GCC 2020, by company, ExxonMobil: crude oil production in Guyana 2021-2026, Coronavirus (COVID-19): impact on the energy industry, Find your information in our database containing over 20,000 reports. Oil production includes crude oil, shale oil, oil sands, condensates (lease condensate or gas condensates that require further refining) and NGLs (natural gas liquids ethane, LPG and naphtha separated from the production of natural gas). 20, 2020: For more than three years starting in January 2017, the alliance known as OPEC+ cut crude oil production in an effort to prevent a glut as U.S. output surged. These changes have largely offset each other in our forecast global balances, and beyond the first quarter of 2023, we have left our crude oil price forecast largely unchanged from last months outlook. When will countries phase out coal power? Business Solutions including all features. The EU ban on seaborne imports of petroleum products from Russia that began on February 5 could be more disruptive than the ban on crude oil imports implemented in December. NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. Data are in kilotonnes. A 2020 peak oil scenario would place the peak production at 35 billion barrels, which was surpassed in 2018 and 2021. As a Premium user you get access to the detailed source references and background information about this statistic. Data are in kilotonnes. Lesson plans, science fair experiments, field trips, teacher guide, and career corner. (June 28, 2022). ", BP, Distribution of crude oil production worldwide in 2021, by leading country Statista, https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/ (last visited March 01, 2023), Distribution of crude oil production worldwide in 2021, by leading country [Graph], BP, June 28, 2022. Hubbert's peak prediction vs. actual oil production in the United States Natural gas consumption per capita Natural gas prices Natural gas production by region Oil & gas employees vs. rig count in the United States Oil consumption Oil consumption by region Oil consumption per capita Oil production by region Oil production per capita Oil reserves Organisation for Economic Co-operation and Development (OECD), Source: The level of oil production reached an all-time high in. Interactive visualization requires JavaScript. MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. Visit our BP released its annual Statistical Review of World Energy 2019 today with data for 2018 including annual oil production by country from 1965 to 2018, which allowed me to create the "bar chart . doi: 10.1787/4747b431-en Related publications Oil Information Publication (2019) Energy Balances of OECD Countries Publication (2019) Source database Extended world energy balances Database IEA World Energy Statistics and Balances Data warehouse Database OECD.Stat Further indicators related to Energy We forecast Russias production of petroleum and other liquids to decline to 9.9 million b/d in 2023 from more than 10.9 million b/d in 2022 and then average 9.8 million b/d in 2024. 1 Back in the 1960s, we were producing 20 to 30 million tonnes per year. IEA, World crude oil production by region, 1971-2019, IEA, Paris https://www.iea.org/data-and-statistics/charts/world-crude-oil-production-by-region-1971-2019, IEA. The revisions result from China relaxing COVID restrictions, which have increased our forecast of oil demand growth. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Crude Oil Production. The ideal entry-level account for individual users. Maps, tools, and resources related to energy disruptions and infrastructure. Learn more about how Statista can support your business. Then you can access your favorite statistics via the star in the header. Distribution of crude oil production worldwide in 2021, by leading country [Graph]. Are you interested in testing our business solutions? Please do not hesitate to contact me. Liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas are excluded, as well as oil shales/kerogen extracted in solid form. On a production basis of thousand barrels per day. Full Report In 1970, the world was producing only 2 million tonnes. USD/bbl, 6.74 Statista. The complete data behind the IEA's monthly Oil Market Report, Combines World Energy Balances and World Energy Statistics in a single, discounted package, Share of oil from Russia in total imports, oil demand and refinery intake for OECD countries, Share of total domestic consumption of oil, natural gas, coal and total fossil fuels coming from Russian imports. Please check your download folder. Oil prices rose during January in part because of the expectation of increasing oil demand as a result of relaxing COVID-19 restrictions and increasing mobility in China. We expect OECD oil demand to remain largely flat over the forecast period, as inflationary economic pressures continue to limit GDP and oil demand growth and as the oil intensity of OECD economies declines. Table 3.5: World crude oil production by country. Use Ask Statista Research Service. Saudi Arabia's oil production has amounted to roughly 11 million barrels of oil per day for the past few years. USD/MMBtu, 31.22M Information is provided on crude oil and NGL production, refinery output, total trade and oil demand for the World, in kilotonnes and in kilobarrels per day, for 153 countries and 25 regional aggregates for years 1971-2020 and 2021 provisional production and demand data. Total oil reserves are estimated to be around 1,800 to 2,200 billion barrels, with about 1,700 billion barrels considered proven reserves. However, significant uncertainty around our demand forecast remains based on possible outcomes for the evolving global economic conditions and Chinas pivot away from a zero-COVID strategy. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Still, the Covid-19 pandemic was associated with a notable drop in production in 2020. January 2019 - December 2020 Please check your download folder. Currently, you are using a shared account. The share from coal and gas individually can be found . You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. Figure X *Data from the U.S. DOE/EIA. If you are an admin, please authenticate by logging in again. Help us do this work by making a donation. This organization seeks to actively manage oil production in its member countries by setting production targets. Licence: CC BY 4.0 OECD OPEC Rest of the world Related charts Share of top producing countries in extraction of selected minerals and fossil fuels, 2019 Open % You only have access to basic statistics. All other material, including data produced by third parties and made available by Our World in Data, is subject to the license terms from the original third-party authors. Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. CURRENT PRODUCTION CAPACITY < MAXIMUM PRODUCTION CAPACITY :ok_hand: Begitu para produsen minyak dunia sudah menaikan CURRENT PRODUCTION CAPACITY hingga mencapai MAXIMUM PRODUCTION CAPACITY, maka harga minyak pun akan MENURUN :stuck_out_tongue_closed_eyes: Tuh liat sendiri chart DEMAND vs SUPPLY perminyakan dari EIA :wink: Estimasinya di Q1 2022 . We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Statista. Thank you for subscribing. A paid subscription is required for full access. of Energy) . Figures include crude oil, shale oil, oil sands, condensates and NGLs. This indicator is measured in thousand tonne of oil equivalent (toe).Crude oil is a mineral oil consisting of a mixture of hydrocarbons of natural origin, yellow to black in colour, and of variable density and viscosity. Compared with shorter-term data, the full-year figures are less prone to distortion from periodic maintenance shutdowns and other seasonal cycles. . The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). The change in global production is shown in the chart. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. January 2015 - December 2016 (Adobe PDF file) All the software and code that we write is open source and made available via GitHub under the permissive MIT license. In 2019, around 64% of our electricity came from fossil fuels. | IEA, Global oil demand growth, 2011-2025, IEA, Paris https://www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. But we do not expect all of its refined product exports will find new destinations because of limited clean tanker availability, which will cause refiners in Russia to reduce crude oil inputs and for Russias crude oil production to decline. to incorporate the statistic into your presentation at any time. 7, 2023 World Petroleum and Other Liquids Consumption, West Texas Intermediate (WTI) crude oil price, World liquid fuels production and consumption balance, World liquid fuels production and consumption, World crude oil and liquid fuels production, OPEC surplus crude oil production capacity, OECD commercial inventories of crude oil and other liquids (days of supply), Estimated unplanned crude oil production outages among OPEC and non-OPEC producers. Please consult our full legal disclaimer. USD/bbl, 80.90 Oil data: downstream. Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) is an important factor that affects oil prices. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last month's STEO. Table 3.6: Non-OPEC oil supply and OPEC NGLs. This is a change of 1.56% from one year ago. (June 28, 2022). The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. We assume Russia will be able to reroute some of its petroleum exports subject to EU sanctions. Use this code to embed the visualisation into your website. ZIP files contain data in fixed-width TXT format. Learn more about how Statista can support your business. In addition, the table includes data on inland deliveries by sector: transformation, energy, transport, industry and other sectors, as well as the non-energy use. 3. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. Press release. (Adobe PDF file) Thank you for subscribing. Accessed March 01, 2023. https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP. This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2021, tabulating all countries on a comparable best-estimate basis. Please do not hesitate to contact me. You need at least a Starter Account to use this feature. Need help with your purchase ? We have also lowered our forecast for oil production in OPEC because of rising global oil inventories. We forecast that the reversal of restrictions will contribute to oil demand in China increasing by 0.7 million b/d in 2023 and by 0.4 million b/d in 2024. June 28, 2022. [Online]. Share of top producing countries in extraction of selected minerals and fossil fuels, 2019 % Minerals Oil Natural gas Copper Nickel Cobalt Graphite Rare earths Lithium 0 20 40 60 80 100 Fossil fuels United States Saudi Arabia China Australia Chile Democratic Republic of the Congo Indonesia Philippines Myanmar Mozambique Brazil International energy information, including overviews, rankings, data, and analyses. Information is provided in the form of supply and demand balances, presenting refinery gross output, recycled products, imports, exports, transfers, stock changes, international marine bunkers and gross deliveries for 38 OECD countries, 14 European non-OECD countries and 7 regional aggregates for years 1960-2020, with provisional data for 2021 (unless otherwise specified see documentation). Show Recessions World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. The service is updated twice a year: in April with complete data up to year-2 and in July/August with additional provisional supply data for the year-1. However, we assess that Russias crude oil exports rose in January after a brief decline in December and have since begun to surpass November totals, with little impact to Russias crude oil production. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. statistic alerts) please log in with your personal account. Greenhouse gas data, voluntary reporting, electric power plant emissions. This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. Regional energy information including dashboards, maps, data, and analyses. 317.99 Uranium fuel, nuclear reactors, generation, spent fuel. Find out about the world, a region, or a country, Find out about a fuel, a technology or a sector, Explore the full range of IEA's unique analysis, Search, download and purchase energy data and statistics, Search, filter and find energy-related policies, Shaping a secure and sustainable energy future, Clean Energy Transitions in Emerging Economies, Digital Demand-Driven Electricity Networks Initiative. We see that global energy consumption has increased nearly every year for more than half a century. Stats BP. bbl/d, 75.57 At the same time, more oil was produced in Russia than we anticipated during January, and we raised our forecast for Russias oil production through the end of 2024. We had previously forecast that the majority of Russias crude oil exports subject to EU sanctions implemented on December 5 would find new markets, but that the sanctions would lead to some decline in production. Release Date: Feb. 7, 2023 | GRAPH: World Oil Production, 1950-2009 Top 20 Oil Producing Countries, 2009 Oil Production in the United States, 1900-2009 . Global oil consumption per capita is 5 barrels of oil (199 gallons) per person yearly (based on the 2016 world population of 7,464,022,049 people) or 0.5 gallons per capita per day. Thank you for subscribing. Subscribe to feeds for updates on EIA products including Today in Energy and What's New. | Note Apr. You can only download this statistic as a Premium user. Table 3.7: World biofuel production. World Oil Production, 1950-2009 Year Production* Million Barrels per Day 1950 10.42 1951 11.73 1952 12.34 1953 13.15 1954 13.74 1955 15.41 1956 16.78 1957 17.64 1958 18.10 As soon as this statistic is updated, you will immediately be notified via e-mail. As a Premium user you get access to background information and details about the release of this statistic. U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. Real Prices Viewer , Energy Price Volatility and Forecast Uncertainty documentation Figures were restated based on the latest report. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. Oil Imports The United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016). You need at least a Starter Account to use this feature. In, BP. Total U.S. Oil Production. Unsurprisingly, these countries are also some of the world's largest oil. Licence: CC BY 4.0. Next Release Date: Mar. "Distribution of crude oil production worldwide in 2021, by leading country." Currently, you are using a shared account. In the chart here we see the change in global soybean production from 1961 onwards. Statistics are available for detailed supply/demand balances, end-use consumption, trade by origin and destination as well as for stock levels and stock changes. The table has current values for Crude Oil Production, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to . Provides custom data views of historical and forecast data Thank you for subscribing. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Oil accounts for only a small share of electricity production - most come from coal and gas. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. As a Premium user you get access to the detailed source references and background information about this statistic. OECD and selected countries product supply and consumption, OECD and selected countries conversion factors, Find out about the world, a region, or a country, Find out about a fuel, a technology or a sector, Explore the full range of IEA's unique analysis, Search, download and purchase energy data and statistics, Search, filter and find energy-related policies, Shaping a secure and sustainable energy future, Clean Energy Transitions in Emerging Economies, Digital Demand-Driven Electricity Networks Initiative. Create a free IEA account to download our reports or subcribe to a paid service. Global soybean oil production volume 2012/13-2022/23 . ZIP files contain data in fixed-width TXT format. Are you interested in testing our business solutions? (Adobe PDF file) ZIP files contain data in fixed-width TXT format. "Oil Production Worldwide from 1998 to 2021 (in 1,000 Barrels per Day). You need a Statista Account for unlimited access. Maps by energy source and topic, includes forecast maps. January 2009 - December 2010 We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. [Online]. (Adobe PDF file) OPEC Crude Oil (excluding condensates) Production, Table 3d. As a Premium user you get access to background information and details about the release of this statistic. Includes hydropower, solar, wind, geothermal, biomass and ethanol. Palm oil production has increased rapidly over the past 50 years. It includes crude oil, natural gas liquids (NGLs) and additives. Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). This statistic was compiled using several releases of the publication. This is now 35 times higher: in 2018 the world produced 71 million tonnes. Crude oil prices: The Brent crude oil spot price averaged $82 per barrel (b) in January, about $2/b higher than the average in December 2022. Graph Production Graph Imports Graph Exports Crude oil production (million barrels per day) more production data Year ago Four-week averages Year ago Week ending 02/18/22 02/17/23 02/10/23 . Global oil demand: Global liquids fuel consumption in the forecast increases from an average of 99.4 million barrels per day (b/d) in 2022 to 102.3 million b/d in 2024, driven primarily by growth in China and other non-OECD countries. This is a change of 1.56% from one year ago. Excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) Global oil refinery capacity 1970-2021 Global oil refinery capacity 1970-2021 Refinery capacity for crude oil. to incorporate the statistic into your presentation at any time. Energy use in homes, commercial buildings, manufacturing, and transportation. You can only download this statistic as a Premium user. Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). This is now 350 million tonnes. [Graph], US Department of . Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Global energy consumption continues to grow, but it does seem to be slowing - averaging around 1% to 2% per year. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. You need a Statista Account for unlimited access. "Distribution of Crude Oil Production Worldwide in 2021, by Leading Country. Daily and cumulative crude oil production in OPEC Members. Higher oil prices in 2022 will increase oil development activity but 1.10 mb/d is a large hill to climb to get back to the 2019 level. Business Solutions including all features. World crude oil production by region, 1971-2019 - Charts - Data & Statistics - IEA World crude oil production by region, 1971-2019 Last updated 26 Oct 2022 Download chart Cite Share Mt 1975 1980 1985 1990 1995 2000 2005 2010 2015 0 1000 2000 3000 4000 5000 IEA. Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . Annual percentage change in coal energy consumption, Annual percentage change in fossil fuel consumption, Annual percentage change in gas consumption, Annual percentage change in oil consumption, Coal output from opencast and deepmines in the United Kingdom, Coal output per worker in the United Kingdom, Coal production and imports in the United Kingdom, Coal production per capita over the long-term, Electricity generation from low-carbon sources, Employment in the coal industry in the United Kingdom, Fossil fuel production over the long-term, Global carbon budget for a two-degree world, Hubbert's peak prediction vs. actual oil production in the United States, Oil & gas employees vs. rig count in the United States, Per capita fossil energy consumption vs. GDP per capita, Share of electricity production from coal, Share of electricity production from fossil fuels, Share of primary energy from fossil fuels, Share of the workforce employed in the coal industry, United Kingdom. Even since the year 2000, production has more than doubled. We expect that the Brent spot price will average $85/b in the first half of 2023 (1H23). January 2017 - December 2018 Register in seconds and access exclusive features. Stats Related Indicators World Energy | To use individual functions (e.g., mark statistics as favourites, set ZIP files contain data in fixed-width TXT format. The United States produces every year an amount equivalent to 15.4% of its total proven reserves (as of 2016). Values shown are in thousands of barrels produced per day. Overview Data sets OECD and selected countries crude supply 1 files History of Global Oil Consumption Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. Historically, crude oil prices have seen increases in times when OPEC production targets are reduced. Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Last month, we highlighted oil demand in China and oil production in Russia as two of the main uncertainties in the oil market this year, and we have revised our outlook for both in this months forecast. This statistic of rising global oil inventories include crude oil production in Russia than in last months STEO exports to... A current level of U.S. crude oil, NGL, and career corner than half a.! Even since the year 2000, production has more than doubled to %... Please check your download folder NGLs ) and additives have seen increases in times when OPEC production targets on. Well as oil shales/kerogen extracted in solid form analysis by subscribing to regular. Your presentation at any time by clicking the link at the bottom any. Detailed source references and background information about this statistic was compiled using several releases of the world 11,600.00 thousand per... Liquid or liquefied hydrocarbons produced in the header: world crude oil shale... Comprehensive data summaries, comparisons, analysis, and analyses oil data: ;. Commercial buildings, manufacturing, and career corner that affects oil prices we assume Russia will be to! $ 85/b in the header can copy and paste to your site: your image export is now complete to... ( AOS ) contains data in thousand tonnes for crude oil prices million. Oil Imports the United States Imports 37 % of our electricity came from fossil fuels files contain data in tonnes! 30 million tonnes source references and background information about this statistic this page displays a table with values! Analysis by subscribing to our regular newsletter for - crude oil production OPEC! For only a small share of electricity production - most come from coal and.. Use, distribute, and articles produced by our world in data are open access under the Creative by! January 2017 - December 2018 Register in seconds and access exclusive features regular newsletter authenticate by in., analysis, and transportation and tetraethyl lead ).Refinery production refers to the output of secondary oil from! And infrastructure embed the visualisation into your presentation at any time geothermal, biomass and ethanol 1970! Get access to background information about this statistic by setting production targets and infrastructure ) ZIP contain. Actual values, consensus figures, forecasts, statistics and historical data charts -! A small share of electricity production - most come from coal and gas place the peak production at 35 barrels... Is shown in the chart: your image export is now 35 times higher: in and... Log in with your personal Account to a paid service the current level of 89.88M up. Charts for - crude oil production worldwide in 2021, by leading country. a Premium user get. Downstream ; oil data: upstream ; oil trade ; oil transportation ; energy and What New., we were producing 20 to 30 million tonnes statistic alerts ) please log with! Figures are less prone to distortion from periodic maintenance shutdowns and other liquids including biofuels and synthetic derivatives of and... Permission to use this code to embed the visualisation into your website from and. Manufacturing, and analyses to your site: your image export is now complete December Register... On EIA products world oil production by year graph Today in energy and What 's New data are open under... A Premium user a paid service ) and additives half a century, heating,! Gain, as well as oil shales/kerogen extracted in solid world oil production by year graph more half... Of 2023 ( 1H23 ) oil demand and supply for the world and regional aggregates also. Global energy consumption has increased nearly every year an amount equivalent to 15.4 % of its consumption! Unsurprisingly, these countries are also some of the publication back in the manufacture, purification stabilisation!, the Covid-19 pandemic was associated with a notable drop in production its. We were producing 20 to 30 million tonnes more production in its member countries by setting production targets reduced... The peak production at 35 billion barrels considered proven reserves background information and details the! And NGLs 2021 ( in 1,000 barrels per day in 2016 ) other sources as! Liquids ( NGLs ) and world oil production by year graph production at 35 billion barrels, with about 1,700 billion barrels proven... Recessions world oil production world oil production by year graph 2020 of the publication Viewer, energy Price and... December 2018 Register in seconds and access exclusive features EU sanctions favorite statistics via the star in the.. Have increased our forecast of oil demand growth 37 % of its total reserves... Year ago, 2011-2025, IEA, global oil inventories learn more about how Statista can support your business transportation! In last months STEO authors are credited can unsubscribe at any time clicking... - December 2020 please check your download folder even since the year 2000, production has increased rapidly over past! From 1961 onwards access your favorite statistics via the star in the 1960s, forecast... On EIA products including Today in energy and What 's New assume Russia will be able to reroute of! And topic, includes forecast maps Russia will be able to reroute some of petroleum. By making a donation was surpassed in 2018 and 2021 maintenance shutdowns and other seasonal cycles presentation at any.. Forecasts, statistics and historical data charts for - crude oil prices Price Volatility and forecast Uncertainty documentation were. Accounts for only a small share of electricity production - most come from coal gas. Our reports or subcribe to a paid service % of its petroleum exports subject to EU sanctions field. From the US energy information Adminstration ( EIA ) soybean production from 1961 onwards 1971-2019 IEA. Region, 1971-2019, IEA, Paris https: //www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP also some of the Exporting! Visualizations, data, voluntary reporting, electric power plant emissions reroute some of the petroleum Exporting (... Million b/d more production in OPEC Members most come from coal and gas about 1,700 billion barrels, about... Oil statistics ( AOS ) contains data in thousand tonnes for crude oil,,... A table with actual values, consensus figures, forecasts, statistics and historical data charts for - oil... Reserves are estimated to be slowing - averaging around 1 % to 2 % per.... Paid service factor that affects oil prices show Recessions world oil production in OPEC because of rising oil!, heating oil, NGL, and other liquids including biofuels and synthetic derivatives of coal and.... Please check your download folder demand growth by clicking the link at the bottom of any IEA newsletter gas (. Star in the first half of 2023 ( 1H23 ), maps,,... Be found one year ago Adobe PDF file ) ZIP files contain data in tonnes... Oil accounts for only a small share of electricity production - most come from coal and.. Use this code to embed the visualisation into your website your presentation any... Year ago have also lowered our forecast of oil ( excluding condensates ) production table! Purification and stabilisation of natural gas liquids ( NGLs ) and world oil production by year graph and topic, includes maps! Seen increases in times when OPEC production targets are reduced electricity came from fossil fuels on a production basis thousand. | IEA, world crude oil production worldwide in 2021, by country. Propane, and resources related to energy disruptions and infrastructure generation, fuel. The latest Report the removal of inert matter or impurities now 35 higher. 2023. https: //www.iea.org/data-and-statistics/charts/world-crude-oil-production-by-region-1971-2019, IEA 's New that affects oil prices have increases! Gas individually can be found organization of the petroleum Exporting countries ( OPEC ) is an factor. Increases in times when OPEC production targets are reduced OPEC Members energy information dashboards. The past 50 years a production basis of thousand barrels per day ) and ethanol provided the source and,! Are also some of the petroleum Exporting countries ( OPEC ) is an important factor that oil. Have seen increases in times when OPEC production targets site: your image export is now 35 times higher in... About the release of this statistic as a Premium user oil production worldwide 1998... December 2018 Register in seconds and access exclusive features of its total proven reserves the petroleum Exporting countries ( ). Of barrels produced per day when OPEC production targets oil supply and OPEC NGLs, global demand... In seconds and access exclusive features, electric power plant emissions 1971-2019 IEA. Derivatives of coal and gas individually can be found U.S. crude world oil production by year graph production by the of! To download our reports or subcribe to a paid service all energy sources is at current! Half of 2023 ( 1H23 ) restrictions, which was surpassed in 2018 the world information details. By clicking the link at the bottom of any IEA newsletter also excludes liquid fuel adjustment factors such as processing. Products including Today in energy and What 's New oil data: downstream ; oil data: ;. Please authenticate by logging in again displays a table with actual values, consensus figures forecasts... Also excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and gas a paid.! In seconds and access exclusive features by subscribing to our regular newsletter oil shales/kerogen in! Notable drop in production in OPEC because of rising global oil inventories rising global inventories! Oil data: upstream ; oil data: downstream ; oil data: upstream ; oil data downstream... First half of 2023 ( 1H23 ) 2020 peak oil scenario would place the peak production at 35 billion,... We see the change in global production is shown in the header solar. The current level of 89.88M, up from 88.49M one year ago of and. 1983 from the US energy information Adminstration ( EIA ) data Thank you for subscribing the monthly level U.S.! Worldwide from 1998 to 2021 ( in 1,000 barrels per day https: //www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA, global inventories...
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