world oil production by year graph

Daily and cumulative crude oil production in OPEC Members. (Adobe PDF file) Notes: Year-to-date totals include revised monthly production estimates by state published in Petroleum Navigator. 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. All Tables 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 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). Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Please create an employee account to be able to mark statistics as favorites. World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. Maps by energy source and topic, includes forecast maps. Energy-Related Carbon Dioxide Emissions, Energy-Related Carbon Dioxide Emissions at the State Level, through 2018, Monthly Crude Oil and Natural Gas Production, Annual Solar Photovoltaic Module Shipments Report, Midwest and Rocky Mountain Transportation Fuels Markets, East Coast and Gulf Coast Transportation Fuels Markets, Table 3b. Global production today is more than 13 times higher than it was in the early 1960s. Chart. As a Premium user you get access to the detailed source references and background information about this statistic. Perceptions of a less severe recession and some improving macroeconomic conditions also likely contributed to rising crude oil prices over the past month. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. 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. Get full access to all features within our Business Solutions. BP. 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. Help us do this work by making a donation. 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. Register in seconds and access exclusive features. The change in global production is shown in the chart. 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. Thank you for subscribing. 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. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. ZIP files contain data in fixed-width TXT format. Exploration and reserves, storage, imports and exports, production, prices, sales. World crude oil price vs. oil consumption. Accessed March 01, 2023. https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP. Create a free IEA account to download our reports or subcribe to a paid service. We see that global energy consumption has increased nearly every year for more than half a century. January 2017 - December 2018 This statistic was compiled using several releases of the publication. ", 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. 3. A paid subscription is required for full access. 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. 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 . 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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. Show Recessions . Data are in kilotonnes. Historically, crude oil prices have seen increases in times when OPEC production targets are reduced. ", 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. The ideal entry-level account for individual users. 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. Figure X is a graph of total U.S. oil production from 1930 through 2021. [Online]. Are you interested in testing our business solutions? 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. Regional energy information including dashboards, maps, data, and analyses. As a Premium user you get access to the detailed source references and background information about this statistic. Greenhouse gas data, voluntary reporting, electric power plant emissions. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. 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. Create a free IEA account to download our reports or subcribe to a paid service. 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. statistic alerts) please log in with your personal account. (Adobe PDF file) Upgrade now. 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. "Distribution of Crude Oil Production Worldwide in 2021, by Leading Country. Distribution of crude oil production worldwide in 2021, by leading country [Graph]. This is a change of 1.56% from one year ago. This page provides values for Crude Oil Production reported in several countries. In 2019, around 64% of our electricity came from fossil fuels. Chart. Forecast Completed: Feb. 2, 2023 | In, BP. January 2015 - December 2016 "Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day)." Table 3.5: World crude oil production by country. ZIP files contain data in fixed-width TXT format. 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. Get full access to all features within our Business Solutions. In, BP. Excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas. 1 Back in the 1960s, we were producing 20 to 30 million tonnes per year. U.S. 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. Note Apr. Charts. "Oil Production Worldwide from 1998 to 2021 (in 1,000 Barrels per Day). Sign up for email subcriptions to receive messages about specific EIA products. This is now 350 million tonnes. 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. You can only download this statistic as a Premium user. 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. OECD (2022), Crude oil production (indicator). 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. This is a change of 0.39% from last month and 5.06% from one year ago. Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. 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%). 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. [Graph], US Department of . Please consult our full legal disclaimer. Overview Data sets OECD and selected countries crude supply 1 files 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. 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. (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). ZIP files contain data in fixed-width TXT format. Latest available data for a fixed period, As a Premium user you get access to background information and details about the release of this statistic. Visit our | (Adobe PDF file) The share from coal and gas individually can be found . January 2013 - December 2014 This organization seeks to actively manage oil production in its member countries by setting production targets. Data are in kilotonnes. The United States produces every year an amount equivalent to 15.4% of its total proven reserves (as of 2016). 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. 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. As soon as this statistic is updated, you will immediately be notified via e-mail. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Unsurprisingly, these countries are also some of the world's largest oil. We expect that the Brent spot price will average $85/b in the first half of 2023 (1H23). Thank you for subscribing. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Table 3.7: World biofuel production. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. 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. Please check your download folder. 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. This is an extract, full report available as PDF download. Access to this and all other statistics on 80,000 topics from, Show sources information Next Release Date: Mar. Full Report Use this code to embed the visualisation into your website. USD/bbl, 20.15 Reports requested by congress or otherwise deemed important. Please do not hesitate to contact me. This statistic is not included in your account. Business Solutions including all features. 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. Licence: CC BY 4.0. Stats Related Indicators World Energy 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 (Adobe PDF file) 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. 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. Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. EIA's free and open data available as API, Excel add-in, bulk files, and widgets. Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). 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. ZIP files contain data in fixed-width TXT format. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. Expanded product description and database documentation. This statistic is not included in your account. 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. Financial market analysis and financial data for major energy companies. Total U.S. Oil Production. Values shown are in thousands of barrels produced per day. Create a free IEA account to download our reports or subcribe to a paid service. NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. 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. Still, the Covid-19 pandemic was associated with a notable drop in production in 2020. You need at least a Starter Account to use this feature. (June 28, 2022). January 2011 - December 2012 Are you interested in testing our business solutions? In the chart here we see the change in global soybean production from 1961 onwards. 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. Additives are non-hydrocarbon substances added to or blended with a product to modify its properties, for example, to improve its combustion characteristics (e.g. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. USD/bbl, 82.31 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 . 317.99 Need help with your purchase ? Uranium fuel, nuclear reactors, generation, spent fuel. of Energy) . Come test out some of the products still in development and let us know what you think! Profit from the additional features of your individual account. Statista. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Business Solutions including all features. Register in seconds and access exclusive features. | (Adobe PDF file) Compared with shorter-term data, the full-year figures are less prone to distortion from periodic maintenance shutdowns and other seasonal cycles. STEO Data browser Table 3.6: Non-OPEC oil supply and OPEC NGLs. 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. When will countries phase out coal power? | Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. USD/mt, 80.41 Thank you for subscribing. Stats USD/bbl. U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. bbl/d, 75.57 The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. 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. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. USD/MMBtu, 31.22M IEA, Global oil demand growth, 2011-2025, IEA, Paris https://www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA. 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. If you are an admin, please authenticate by logging in again. Licence: CC BY 4.0 OECD Middle East Non-OECD Europe and Eurasia China Non-OECD Asia Global soybean oil production volume 2012/13-2022/23 . 7, 2023 You need a Statista Account for unlimited access. 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. You only have access to basic statistics. Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. 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 June 28, 2022. Energy & Financial Markets: What Drives Crude Oil Prices? BP. Non-OECD Asia excludes China. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last month's STEO. 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. In 2021, U.S. oil production was down 1.10 mb/d relative to 2019. Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. Release Date: Feb. 7, 2023 | Energy use in homes, commercial buildings, manufacturing, and transportation. 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 . 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. Oil Imports The United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016). To use individual functions (e.g., mark statistics as favourites, set World Oil Production Level Chart View Full Chart No data available Historical Data View and export this data back to 1965. Organisation for Economic.