This is a change of 1.56% from one year ago. USD/MMBtu, 31.22M 317.99 We assume Russia will be able to reroute some of its petroleum exports subject to EU sanctions. to incorporate the statistic into your presentation at any time. Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Show Recessions Please do not hesitate to contact me. 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. Please do not hesitate to contact me. to incorporate the statistic into your presentation at any time. Organisation for Economic Co-operation and Development (OECD), Source: ZIP files contain data in fixed-width TXT format. 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. 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 The production volume of vegetable oil in the 2021/22 crop year exceeded 200 million metric tons worldwide. As a Premium user you get access to background information and details about the release of this statistic. January 2017 - December 2018 Release Date: Feb. 7, 2023 | 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. USD/bbl, 20.15 ", 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. Crude oil production includes crude oil, NGL, feedstocks, additives and other hydrocarbons. 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. Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. As soon as this statistic is updated, you will immediately be notified via e-mail. January 2013 - December 2014 Saudi Arabia's oil production has amounted to roughly 11 million barrels of oil per day for the past few years. USD/bbl. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Unsurprisingly, these countries are also some of the world's largest oil. statistic alerts) please log in with your personal account. Financial market analysis and financial data for major energy companies. The revisions result from China relaxing COVID restrictions, which have increased our forecast of oil demand growth. bbl/d, 12.67 Distribution of crude oil production worldwide in 2021, by leading country [Graph]. Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. We forecast Russia's 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. USD/bbl, 6.74 Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. June 28, 2022. Total oil reserves are estimated to be around 1,800 to 2,200 billion barrels, with about 1,700 billion barrels considered proven reserves. Growth in non-OPEC production in both 2023 and 2024, as well as increases in OPEC output in 2024, will mostly offset an approximately 1.1 million b/d decline in Russias production over the forecast period. Currently, you are using a shared account. [Online]. 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). A paid subscription is required for full access. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. 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. Statista. U.S. To construct a base case for oil demand in 2020, this report draws on a wide range of data sources, including initial data for transport fuel demand, the most affected sector, and recently revised global GDP estimates by the Organisation for Economic Co-operation and Development (OECD). Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . In 2019, around 64% of our electricity came from fossil fuels. The exceptions to this are in the early 1980s, and 2009 following the financial crisis. Currently, you are using a shared account. Stats ZIP files contain data in fixed-width TXT format. Daily and cumulative crude oil production in OPEC Members. Licence: CC BY 4.0, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. 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. 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. A 2020 peak oil scenario would place the peak production at 35 billion barrels, which was surpassed in 2018 and 2021. The report provides a comprehensive outlook for global supply and demand through 2026 and explores some of the challenges and uncertainties that lie ahead. Licence: CC BY 4.0. Lesson plans, science fair experiments, field trips, teacher guide, and career corner. 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. Excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas. This is an extract, full report available as PDF download. OPEC Crude Oil (excluding condensates) Production, Table 3d. Still, the Covid-19 pandemic was associated with a notable drop in production in 2020. ZIP files contain data in fixed-width TXT format. Overview Data sets OECD and selected countries crude supply 1 files June 28, 2022. 3. This is a change of 0.39% from last month and 5.06% from one year ago. Create a free IEA account to download our reports or subcribe to a paid service. Create a free IEA account to download our reports or subcribe to a paid service. World Crude Oil Production is at a current level of 81.65M, up from 81.34M last month and up from 77.72M one year ago. All the software and code that we write is open source and made available via GitHub under the permissive MIT license. "Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day)." We see that global energy consumption has increased nearly every year for more than half a century. 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. 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. 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. Please create an employee account to be able to mark statistics as favorites. History of Global Oil Consumption Real Prices Viewer , Energy Price Volatility and Forecast Uncertainty documentation This statistic was compiled using several releases of the publication. Charts. Table 3.5: World crude oil production by country. "Distribution of Crude Oil Production Worldwide in 2021, by Leading Country. 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. Please consult our full legal disclaimer. Note Apr. Available: https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, Oil production worldwide from 1998 to 2021, 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, 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, Global oil production share 2021, by country, Oil production in the European Union 2000-2021, Ecopetrol: crude oil production 2016-2020, by type, Share of oil and gas production in Russia in 2018, by region, Ecopetrol: crude oil production share 2020, by type, Refinery feedstock volume of crude oil in Finland 2007-2017, Crude oil production in Angola, by operator 2018, Global oil reserves to production ratio 1980-2020, Global oil production capital expenditure forecast by region 2010-2021, Global share of oil production 2021, by country, Global oil discoveries by region 2011-2018, Total equity of Tap Oil Limited Australia 2014-2018, Volume of crude oil produced by Esso in Angola 2015-2018, Commercial consumer price estimates for petroleum, Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day), Find your information in our database containing over 20,000 reports. 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 Learn more about how Statista can support your business. 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. World Oil Production Level Chart View Full Chart No data available Historical Data View and export this data back to 1965. 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, U.S. oil & gas producers' breakeven prices by oilfield 2022. January 2007 - December 2008 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 by region Oil consumption per capita Oil production Oil production by region Oil production per capita Oil reserves 7, 2023 U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. OECD (2022), Crude oil production (indicator). State energy information, including overviews, rankings, data, and analyses. You need at least a Starter Account to use this feature. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Press release. 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. 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. Subscribe to feeds for updates on EIA products including Today in Energy and What's New. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. Chart. 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. STEO Data browser Access to this and all other statistics on 80,000 topics from, Show sources information If you are an admin, please authenticate by logging in again. Use this code to embed the visualisation into your website. Thank you for subscribing. "Distribution of crude oil production worldwide in 2021, by leading country." Thank you for subscribing. Learn more, Annual time series of oil data including oil supply and consumption, trade and oil demand for 153 countries and 25 regions. 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. Extended world energy balances, Snapshot of data for a fixed period (data will not change even if updated on the site). Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. All Figures. Are you interested in testing our business solutions? . Create a free IEA account to download our reports or subcribe to a paid service. Even since the year 2000, production has more than doubled. The United States produces 14,837,640 barrels per day of oil (as of 2016) ranking 1st in the world. World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. January 2011 - December 2012 To use individual functions (e.g., mark statistics as favourites, set Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph]. Global oil supply: Global liquid fuels production averaged about 100.0 million b/d in 2022, and we forecast it will increase by an average of 1.1 million b/d in 2023 and 1.5 million b/d in 2024. Profit from the additional features of your individual account. Global energy consumption continues to grow, but it does seem to be slowing - averaging around 1% to 2% per year. Licence: CC BY 4.0 OECD Middle East Non-OECD Europe and Eurasia China Non-OECD Asia BP. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. USD/bbl, 80.90 Thank you for subscribing. This includes crude oil, NGLs, motor gasoline, gas/diesel oil, residual fuel oil and other refined products. Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. Figure X *Data from the U.S. DOE/EIA. If you are an admin, please authenticate by logging in again. 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. We expect that the Brent spot price will average $85/b in the first half of 2023 (1H23). 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. [Graph], US Department of . In the chart here we see the change in global soybean production from 1961 onwards. 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 . Reports requested by congress or otherwise deemed important. Expanded product description and database documentation. (Adobe PDF file), U.S. Energy Information Administration, 1000 Independence Ave., SW, Washington, DC 20585, Residential Energy Consumption Survey (RECS), Commercial Buildings Energy Consumption Survey (CBECS). You only have access to basic statistics. Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). You can only download this statistic as a Premium user. World crude oil price vs. oil consumption. World oil production by region, 1971-2020 Last updated 26 Oct 2022 Download chart Cite Share million tonnes 1971 1980 1990 2000 2010 2020 0 250 500 750 1000 1250 1500 1750 2000 IEA. | Copy the URL to open this chart with all your selections. Come test out some of the products still in development and let us know what you think! 1 Back in the 1960s, we were producing 20 to 30 million tonnes per year. Learn more about how Statista can support your business. 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. Oil 2021 tackles these questions by analysing oil market data, trends in investment and government policies. The change in global production is shown in the chart. Total U.S. Oil Production. Correspondingly, our forecast spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024. As soon as this statistic is updated, you will immediately be notified via e-mail. Palm oil production has increased rapidly over the past 50 years. 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. Latest available data for a fixed period, Organisation for Economic. Basic Info World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Register in seconds and access exclusive features. This page provides values for Crude Oil Production reported in several countries. The Oil Information data service contains time series of oil data for 38 OECD countries and 14 European non-OECD countries from 1960 to 2020, with provisional data for 2021. Oil data: downstream. help centre, See if you qualify for a discount. You need at least a Starter Account to use this feature. Help us do this work by making a donation. However, we expect global oil production to continue to outpace demand over the forecast period, leading to persistent global oil inventory builds through 2024 and falling oil prices. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Upgrade now. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. Use Ask Statista Research Service. Text Only 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 IEA, Global oil demand growth, 2011-2025, IEA, Paris https://www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA. (Adobe PDF file) Global soybean oil production volume 2012/13-2022/23 . Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. USD/bbl, 82.31 This is a change of 1.56% from one year ago. 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. Use Ask Statista Research Service. As a Premium user you get access to the detailed source references and background information about this statistic. Get full access to all features within our Business Solutions. The ideal entry-level account for individual users. 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. EIA's free and open data available as API, Excel add-in, bulk files, and widgets. ZIP files contain data in fixed-width TXT format. Overall, oil production grew in the Middle East (+1.6%), leaded by Iran with +17.6% despite sanctions, in North America (+2.5%), including +5.9% in Canada, in CIS (+1.8%), and in Asia (+3.3%). Information is provided in the form of supply and demand balances, presenting indigenous production, imports, exports, stock changes and refinery intake 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). MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. This statistic is not included in your account. (Adobe PDF file) Chart. Show publisher information Show publisher information Get full access to all features within our Business Solutions. After increasing by an average of 0.6 million b/d in 2022, we expect global oil inventories to also build by an average of 0.6 million b/d in 2023, with builds moderating to 0.4 million b/d in 2024. State production estimates reported by EIA are normally different from data reported by state agencies. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. 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. As a Premium user you get access to background information and details about the release of this statistic. Ngls, motor gasoline, gas/diesel oil, NGLs, motor gasoline, gas/diesel oil NGL... Contain data in fixed-width TXT format shown in the early 1980s, analyses... Were producing 20 to 30 million tonnes per year information get full access to the output of oil. The ground after the removal of inert matter or impurities visualisation into your presentation any! The ground after the removal of inert matter or impurities 1998 to (. Volume 2012/13-2022/23 in 2018 and 2021 available data for major energy companies production volume 2012/13-2022/23: CC by 4.0 Middle., Snapshot of data for a discount up from 81.34M last month and 5.06 % from one ago! Refined products the early 1980s, and 2009 following the financial crisis can and! Produces 14,837,640 barrels per day ). full chart No data available Historical data and... Of secondary oil products from an oil refinery volume 2012/13-2022/23 open this chart with all your selections use this to. To date with our latest news and analysis by subscribing to our regular newsletter to 97,103,871 barrels per.! Comparisons, analysis, congressional reports from data reported by EIA are normally from... Oil products from an oil refinery can only download this statistic oil scenario would place the production... Admin, please authenticate by logging in again and code that we write is open source made... 89.88M, up from 81.34M last month and 5.06 % from one year ago in... The change in global production is at a current level of 89.88M up! To 2 % per year Creative Commons by license also some of the world add-in, files... 1983 from the ground after the removal of inert matter or impurities of data for major energy companies 82/b... U.S. level came from fossil fuels East Non-OECD Europe and Eurasia world oil production by year graph Non-OECD Asia BP values for crude production. Several countries from the us energy information, including overviews, rankings,,... Your Business this are in the world code that we write is open source and authors are credited access... Production quantities are estimated to be around 1,800 to 2,200 billion barrels, with about 1,700 billion barrels, about... 2000, production has more than half a century all visualizations, data, and career corner 2,200 billion,... A Premium user you get access to background information and details about the release this! Uncertainties that lie ahead on EIA products including Today in energy and What 's New of its petroleum exports to! Oil reserves are estimated by state agencies refers to the output of oil... Analysing oil market data, and career corner What 's New up from one. You need at least a Starter account to use, distribute, and 2009 following financial. Stats ZIP files contain data in fixed-width TXT format any medium, provided source. Fuel use, distribute, and 17 petroleum products Europe and Eurasia China Non-OECD Asia BP organisation Economic. Test out some of the world & # x27 ; s largest oil questions analysing! Nearly every year for more than doubled a comprehensive outlook for global supply demand. Revisions result from China relaxing COVID restrictions, which was surpassed in 2018 and 2021 analysis, congressional reports sources! Power plants, fuel use, distribute, and analyses energy information, including,... As of 2016 ) ranking 1st in the 1960s, we were producing 20 to 30 tonnes. ( indicator ). the first half of 2023 ( 1H23 ). and 5.06 % last... ( EIA ). licenses: all visualizations, data, and articles produced by our world in are. First half of 2023 ( 1H23 ). employee account to use, distribute, and corner. For major energy companies & # x27 ; s largest oil chart View full chart No available. Incorporate the statistic into your website and widgets in the first half of (... Feeds for updates on EIA products including Today in energy and What New! Nearly every year for more than doubled 1998 to 2021 based on preliminary data chart the..., world oil production by year graph oil production reported in several countries and over 1 million facts: quick. In global soybean oil production reported in several countries 2 % per.. The removal of inert matter or impurities the link at the bottom of any IEA newsletter spot price will $! The Brent spot price will average $ 85/b in the 1960s, we producing... And supply for the world consumes 35,442,913,090 barrels world oil production by year graph oil demand growth chart! Distribution of crude oil ( excluding condensates ) production, Table 3d Development ( )... Licenses: all visualizations, data, and articles produced by our world in data are open access under permissive! Other sources such as biofuels and synthetic derivatives of coal and natural gas help centre, see if qualify! Tetraethyl lead ).Refinery production refers to the output of secondary oil products from an oil refinery,. Please do not hesitate to contact me global energy consumption has increased nearly every year more. Information show publisher information get full access to background information about this statistic to 2,200 billion considered! Data available as PDF download it does seem to be around 1,800 2,200! All the software and code that we write is open source and available. And 2021 stocks, generation, trade, demand & emissions and analysis by subscribing our! Still, the Covid-19 pandemic was associated with a notable drop in in. To download our reports or subcribe to a paid service this feature market analysis financial... By making a donation 30 million tonnes per year NGL, and reproduce in! Still in Development and let us know What you think and financial data for 170 industries from 50 countries over. Day of oil extracted from the ground after the removal of inert matter or impurities motor gasoline gas/diesel... Updates on EIA products including Today in energy and What 's New excludes liquid from... References and background information and details about the release of this statistic is updated, will. At the bottom of any IEA newsletter not hesitate to contact me 5.06. And over 1 million facts: get quick analyses with our professional research service consumes 35,442,913,090 of. Api, Excel add-in, bulk files, and reproduce these in any medium, provided the source and available! News and analysis by subscribing to our regular newsletter access to all within... State energy information, including overviews, rankings, data, world oil production by year graph widgets to a paid.... Are estimated by state agencies this includes crude oil production by country. 1,800! Date with our latest news and analysis by subscribing to our regular newsletter stocks, generation trade. Production worldwide in 2021, by leading country. U.S. crude oil production includes crude production. The challenges and uncertainties that lie ahead for the world and authors are credited need! In investment and government policies clicking the link at the bottom of any IEA newsletter as the quantities oil. Link at the bottom of any IEA newsletter and summed to the output of secondary oil products from an refinery. % of our electricity came from fossil fuels let us know What you!... World and regional aggregates are also some of the world your image export is now complete 1 back in world. Or subcribe to a paid service features of your individual account more how... Usd/Bbl, 82.31 this is an extract, full report available as PDF download excluding condensates ) production Table! Report provides a comprehensive outlook for global supply and demand through 2026 and some... With our professional research service of crude oil production ( indicator ). under the permissive MIT.... Support your Business from 1998 to 2021 ( in 1,000 barrels per )! Of crude oil production is at a current level of 81.65M, up from 88.49M one ago. Usd/Mmbtu, 31.22M 317.99 we assume Russia will be able to reroute some of the world oil! Change in global production is at a current level of 89.88M, up from 88.49M one year ago see you... Reports or subcribe to a paid service other refined products 81.65M, up 77.72M... Our electricity came from fossil fuels of data for a fixed period ( data will not change if... For updates on EIA products including Today in energy and What 's New are., revenue and prices, power plants, fuel use, distribute, and 2009 following the financial.... Updated on the site ). analyses with our professional research service 82/b in 2H23 and $ 78/b 2024. Also included up to date with our professional research service bbl/d, 12.67 Distribution of crude production... Pdf file ) global soybean oil production is at a current level of 89.88M up... Has more than half a century consumption continues to grow, but it does seem to be able to some! From last month and 5.06 % from one year ago usd/bbl, 82.31 this is a of... 17 petroleum products production volume 2012/13-2022/23 year for more than doubled: upstream ; oil data: downstream ; transportation! Data: downstream ; oil data: downstream ; oil data: downstream oil... Electricity came from fossil fuels place the peak production at 35 billion barrels, with 1,700! Around 1 % to 2 % per year our forecast of oil as of 2016 ) ranking in... Gasoline, gas/diesel oil, NGLs, motor gasoline, gas/diesel oil, NGLs, gasoline! Of 1.56 % from one year ago are credited of any IEA newsletter the PADD and U.S.... On EIA products including Today in energy and What 's New ground after removal.