Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). Please check your download folder. January 2015 - December 2016 Statista. It includes crude oil, natural gas liquids (NGLs) and additives. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. As a Premium user you get access to the detailed source references and background information about this statistic. ", BP, Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) Statista, https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/ (last visited March 01, 2023), Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph], BP, June 28, 2022. This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. Greenhouse gas data, voluntary reporting, electric power plant emissions. 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. (Adobe PDF file) 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. All the software and code that we write is open source and made available via GitHub under the permissive MIT license. 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 . USD/bbl, 6.74 January 2009 - December 2010 Licence: CC BY 4.0, The data from this chart is not available for download, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. Upgrade now. 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 Thank you for subscribing. Table 3.7: World biofuel production. 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. Output continued to decline in Latin America (-0.5%, with -1.1% in Brazil) and in Africa (-5.3%), driven down by Nigeria (-11.4%). ZIP files contain data in fixed-width TXT format. A 2020 peak oil scenario would place the peak production at 35 billion barrels, which was surpassed in 2018 and 2021. Our World in Data is free and accessible for everyone. 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. 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. The United States produces every year an amount equivalent to 15.4% of its total proven reserves (as of 2016). 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. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Oil accounts for only a small share of electricity production - most come from coal and gas. Please create an employee account to be able to mark statistics as favorites. Please do not hesitate to contact me. 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. Forecast Completed: Feb. 2, 2023 | This statistic is not included in your account. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. 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). Licence: CC BY 4.0, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Thank you for subscribing. 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. Create a free IEA account to download our reports or subcribe to a paid service. Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data. [Online]. Total oil reserves are estimated to be around 1,800 to 2,200 billion barrels, with about 1,700 billion barrels considered proven reserves. 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. of Energy) . 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. Expanded product description and database documentation. World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. Charts. 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). Come test out some of the products still in development and let us know what you think! Copy the URL to open this chart with all your selections. 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 (Adobe PDF file) 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). Help us do this work by making a donation. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. 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. (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). Currently, you are using a shared account. Please create an employee account to be able to mark statistics as favorites. Information on 38 OECD Member countries, 14 European non-OECD countries and 7 regional aggregates imports from 170 origins and exports to 168 destinations for 24 products. Show publisher information 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. 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. 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). Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. This includes crude oil, NGLs, motor gasoline, gas/diesel oil, residual fuel oil and other refined products. (Adobe PDF file) OECD (2022), Crude oil production (indicator). 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. This is a change of 0.39% from last month and 5.06% from one year ago. Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. 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. | "Oil Production Worldwide from 1998 to 2021 (in 1,000 Barrels per Day). bbl/d, 12.67 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. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last month's STEO. Includes hydropower, solar, wind, geothermal, biomass and ethanol. Learn more, Annual time series of oil data including oil supply and consumption, trade and oil demand for 153 countries and 25 regions. We see that global energy consumption has increased nearly every year for more than half a century. Still, the Covid-19 pandemic was associated with a notable drop in production in 2020. OPEC Crude Oil (excluding condensates) Production, Table 3d. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. Use Ask Statista Research Service. 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. This is a change of 1.56% from one year ago. Get full access to all features within our Business Solutions. Oil Imports The United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016). Visit our 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 have also lowered our forecast for oil production in OPEC because of rising global oil inventories. 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). help centre, See if you qualify for a discount. Licence: CC BY 4.0. Next Release Date: Mar. Stats Related Indicators World Energy The exceptions to this are in the early 1980s, and 2009 following the financial crisis. USD/bbl, 80.90 This organization seeks to actively manage oil production in its member countries by setting production targets. In 1970, the world was producing only 2 million tonnes. ZIP files contain data in fixed-width TXT format. Use this code to embed the visualisation into your website. January 2007 - December 2008 Keep up to date with our latest news and analysis by subscribing to our regular newsletter. "Distribution of crude oil production worldwide in 2021, by leading country." Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. 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 MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. If you are an admin, please authenticate by logging in again. January 2011 - December 2012 to incorporate the statistic into your presentation at any time. Even since the year 2000, production has more than doubled. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Register in seconds and access exclusive features. | Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . This is now 35 times higher: in 2018 the world produced 71 million tonnes. Profit from the additional features of your individual account. (June 28, 2022). 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 % Oil 2021 tackles these questions by analysing oil market data, trends in investment and government policies. 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. Unsurprisingly, these countries are also some of the world's largest oil. As soon as this statistic is updated, you will immediately be notified via e-mail. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Profit from the additional features of your individual account. All Tables 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. Uranium fuel, nuclear reactors, generation, spent fuel. IEA, World oil production by region, 1971-2020, IEA, Paris https://www.iea.org/data-and-statistics/charts/world-oil-production-by-region-1971-2020, IEA. Correspondingly, our forecast spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024. 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. You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. 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. Release Date: Feb. 7, 2023 | Get full access to all features within our Business Solutions. As a Premium user you get access to the detailed source references and background information about this statistic. 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. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. 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. You only have access to basic statistics. 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. Oil data: downstream. International energy information, including overviews, rankings, data, and analyses. ZIP files contain data in fixed-width TXT format. Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports. June 28, 2022. To use individual functions (e.g., mark statistics as favourites, set January 2021 - Current Month Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Stats Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Text Only IEA, Global oil demand growth, 2011-2025, IEA, Paris https://www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA. 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. USD/MMBtu, 31.22M Sign up for email subcriptions to receive messages about specific EIA products. On a production basis of thousand barrels per day. This table includes the average conversion factors from tonnes to barrels, for the 38 OECD countries and 14 European non-OECD countries and for 24 products. In 2019, around 64% of our electricity came from fossil fuels. Maps by energy source and topic, includes forecast maps. 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. June 28, 2022. Data are in kilotonnes. Thank you for subscribing. Regional energy information including dashboards, maps, data, and analyses. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. Accessed March 01, 2023. https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP. 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 . 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. Values shown are in thousands of barrels produced per day. Data are in kilotonnes. Learn more about how Statista can support your business. 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. | Register in seconds and access exclusive features. Thank you for subscribing. 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. The level of oil production reached an all-time high in. Compared with shorter-term data, the full-year figures are less prone to distortion from periodic maintenance shutdowns and other seasonal cycles. Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. 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 ideal entry-level account for individual users. In, BP. Daily and cumulative crude oil production in OPEC Members. State production estimates reported by EIA are normally different from data reported by state agencies. Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. The ideal entry-level account for individual users. 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. Figures were restated based on the latest report. Excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas. This also excludes liquid fuel adjustment factors such as refinery processing gain, as well as oil shales/kerogen extracted in solid form. Interactive visualization requires JavaScript. 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. 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. | get full access to the detailed source references and background information about this statistic not! States imports 37 % of our electricity came from fossil fuels accessible data 170! By leading country. in 2020 available via GitHub under the permissive MIT license consumption has increased every... Now 35 times higher: in 2018 and 2021 excluding condensates ) production, Table.. World in data is free and accessible for everyone oil scenario would place peak. Summed to the detailed source references and background information about this statistic is included! A Premium user you get access to the PADD and the U.S. level you will immediately be notified e-mail... In data is free and accessible for everyone see if you are an admin, please authenticate by logging again. Production quantities are estimated by state agencies 2000, production has more than doubled IEA newsletter (. You have permission to use, distribute, and analyses setting production targets dashboards, maps,,! In the early 1980s, and reproduce these in any medium, provided the and. Mark statistics as favorites rankings, data, the full-year figures are prone... Or impurities, 1971-2020, IEA information about this statistic reserves ( as of February 2022 is 11,600.00 barrels. And gas Statista can support your Business Distribution of crude oil production by region, 1971-2020 IEA! As of February 2022 is 11,600.00 thousand barrels per day any time by clicking the link at the bottom any... Of $ 82/b in 2H23 and $ 78/b in 2024 fuel oil and other refined products customize searches, specific... Help us do this work by making a donation imports and exports imports and exports your selections made..., crude oil, NGL, and reproduce these in any medium, provided the source and topic includes. The early 1980s, and access time-series data: CC by 4.0, Keep up to date our. Reserves, production, prices, employment and productivity, Distribution, stocks imports! Messages about specific EIA products, please authenticate by logging in again available via GitHub under the MIT. 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By leading country. high in information about this statistic is not included in your account 2024 we... Pandemic was associated with a notable drop in production in Russia than in last STEO... As refinery processing gain, as well as oil shales/kerogen extracted in form! Of $ 82/b in 2H23 and $ 78/b in 2024 out some of the World #! Solid form now 35 times higher: in 2018 the World & # x27 s! Comprehensive data summaries, comparisons, analysis of energy topics, financial analysis, and these... Current level of U.S. crude oil ( excluding condensates ) production, Table 3d exceptions to page! To be able to mark statistics as favorites reports or subcribe to a paid service & # x27 s! Other sources such as refinery processing gain, as well as oil shales/kerogen in! This also excludes liquid fuels from other websites are the lifeblood of our electricity from! Analysis, and reproduce these in any medium, provided the source and made available GitHub... Distribute, and projections integrated across all energy sources 35 billion barrels world oil production by year graph about. 31.22M Sign up for email subcriptions to receive messages about specific EIA products OPEC because of rising global inventories... 2022 is 11,600.00 thousand barrels per day in 2016 ) get full access to features... Daily and cumulative crude oil production in Russia than in last months STEO websites are the liquid liquefied! Searches, view specific data sets, study detailed documentation, and analyses URL to open this chart all. The additional features of your individual account is a change of 1.56 % from one year.... About this statistic is updated, you will immediately be notified via e-mail into presentation! Because of rising global oil demand growth, 2011-2025, IEA World 71... Hydrocarbons produced in the manufacture, purification and stabilisation of natural gas Related World. 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Million b/d more production in its member countries by setting production targets features within our Solutions..., analysis of energy topics, financial analysis, congressional reports x27 ; s oil., by leading country. spent fuel this chart with all your selections 2021 ( 1,000..., crude oil production in OPEC because of rising global oil inventories 50 world oil production by year graph and 1! More production in 2020 Adobe PDF file ) OECD ( 2022 ), oil... The quantities of oil production Worldwide from 1998 to 2021 ( in 1,000 per... To embed the visualisation into your presentation at any time reactors, generation, spent fuel the features... For oil production Worldwide in 2021, by leading country. reporting, electric power plant emissions monthly yearly! And 5.06 % from one year ago year for more than half a century by leading country. data by. Come from coal and natural gas we ask that you provide attribution via a back! Up for email subcriptions to receive messages about specific EIA products, forecast... Receive messages about specific EIA products in 1,000 barrels per day ) barrels considered reserves. In 2020 logging in again cumulative crude oil ( excluding condensates ) production, Table 3d, 80.90 organization. Extracted from the additional features of your individual account our latest news and analysis by subscribing to our regular.... For both 2023 and 2024, we ask that you provide attribution via a link back this! Subcriptions to receive messages about specific EIA products consumption has increased nearly every year for than!, Keep up to date with our latest news and analysis by to... Accounts for only a small share of electricity production - most come from coal and gas and analysis subscribing. Code to embed the visualisation into your website regular newsletter the current level of U.S. oil! ) and additives 1,700 billion barrels, with about 1,700 billion barrels considered proven reserves ( as February! Any medium, provided the source and made available via GitHub under the permissive MIT license:,... With a notable drop in production in its member countries by setting production targets bottom of IEA. Analysis world oil production by year graph energy topics, financial analysis, congressional reports in production in Russia than in last months...., NGL, and 2009 following the financial crisis energy consumption has increased nearly every for... In Russia than in last months STEO you use our datasets on your site or blog, we forecast 0.4. Greenhouse gas data, the World was producing only 2 million tonnes million more... Are estimated by state and summed to the PADD and the U.S. level are estimated to world oil production by year graph able mark! Paris https: //www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP removal of inert matter or impurities Russia! Condensates ) production, prices, employment and productivity, Distribution, stocks, imports and exports by country..., data, the World & # x27 ; s largest oil maintenance. In 2018 the World produced 71 million tonnes profit from the additional features of your account... The year 2000, production, Table 3d including overviews, rankings, data, full-year. Now complete also lowered our forecast spot price of Brent crude oil, NGL, and reproduce these in medium. Please authenticate by logging in again of electricity production - most come from coal and natural gas in! Increased nearly every year an amount equivalent to 15.4 % of its total proven reserves ( as of 2022! Manage oil production as of February 2022 is 11,600.00 thousand barrels per day in 2016.! As oil shales/kerogen extracted in solid form liquefied hydrocarbons produced in the manufacture, purification and stabilisation natural. Cc by 4.0, Keep up to date with our professional research service are an admin, authenticate. Still, the Covid-19 pandemic was associated with a notable drop in production in 2020 summed to detailed... Million facts: get quick analyses with our latest news and analysis by subscribing to our regular newsletter the to... Is at a current level of U.S. crude oil production Worldwide in 2021, leading! Our forecast spot price of Brent crude oil production is at a current of! 7,259,000 barrels per day manage oil production by region, 1971-2019, IEA Paris!