Figure X is a graph of total U.S. oil production from 1930 through 2021. U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. Crude oil production includes crude oil, NGL, feedstocks, additives and other hydrocarbons. EIA's free and open data available as API, Excel add-in, bulk files, and widgets. The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. Learn more about how Statista can support your business. This is a change of 0.39% from last month and 5.06% from one year ago. If you are an admin, please authenticate by logging in again. Organisation for Economic Co-operation and Development (OECD), Source: This is a change of 1.56% from one year ago. Upgrade now. 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 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. If you are an admin, please authenticate by logging in again. Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph]. Come test out some of the products still in development and let us know what you think! Licence: CC BY 4.0, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. January 2017 - December 2018 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. Profit from the additional features of your individual account. January 2015 - December 2016 You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. USD/bbl, 20.15 Statista. Short, timely articles with graphics on energy, facts, issues, and trends. Statista. January 2009 - December 2010 Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Register in seconds and access exclusive features. All Tables For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). The 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. Business Solutions including all features. to incorporate the statistic into your presentation at any time. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. You need at least a Starter Account to use this feature. 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. 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. June 28, 2022. Notes: Year-to-date totals include revised monthly production estimates by state published in Petroleum Navigator. 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. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. Please consult our full legal disclaimer. The exceptions to this are in the early 1980s, and 2009 following the financial crisis. Please create an employee account to be able to mark statistics as favorites. 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. Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. As a Premium user you get access to background information and details about the release of this statistic. Exploration and reserves, storage, imports and exports, production, prices, sales. Global soybean oil production volume 2012/13-2022/23 . Note Apr. | Show publisher information (Adobe PDF file) Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. All the software and code that we write is open source and made available via GitHub under the permissive MIT license. Charts. January 2021 - Current Month Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. 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. 1 Back in the 1960s, we were producing 20 to 30 million tonnes per year. Values shown are in thousands of barrels produced per day. Energy use in homes, commercial buildings, manufacturing, and transportation. "Oil Production Worldwide from 1998 to 2021 (in 1,000 Barrels per Day). Subscribe to feeds for updates on EIA products including Today in Energy and What's New. USD/bbl, 82.31 Use Ask Statista Research Service. (Adobe PDF file) Saudi Arabia's oil production has amounted to roughly 11 million barrels of oil per day for the past few years. History of Global Oil Consumption 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. In 2021, U.S. oil production was down 1.10 mb/d relative to 2019. (June 28, 2022). You need at least a Starter Account to use this feature. The revisions result from China relaxing COVID restrictions, which have increased our forecast of oil demand growth. Create a free IEA account to download our reports or subcribe to a paid service. Our World in Data is free and accessible for everyone. As a Premium user you get access to background information and details about the release of this statistic. Palm oil production has increased rapidly over the past 50 years. January 2019 - December 2020 Energy & Financial Markets: What Drives Crude Oil Prices? Create a free IEA account to download our reports or subcribe to a paid service. Chart. Licence: CC BY 4.0. | Please do not hesitate to contact me. Show Recessions Show publisher information Organisation for Economic. This page provides values for Crude Oil Production reported in several countries. Thank you for subscribing. Table 3.6: Non-OPEC oil supply and OPEC NGLs. NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. Are you interested in testing our business solutions? [Graph], US Department of . Accessed March 01, 2023. https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP. 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. 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. World Oil Production Level Chart View Full Chart No data available Historical Data View and export this data back to 1965. To use individual functions (e.g., mark statistics as favourites, set Provides custom data views of historical and forecast data Lesson plans, science fair experiments, field trips, teacher guide, and career corner. ", 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. Oil data: downstream. "Distribution of Crude Oil Production Worldwide in 2021, by Leading Country. In 1970, the world was producing only 2 million tonnes. Maps by energy source and topic, includes forecast maps. All Figures. 7, 2023 Maps, tools, and resources related to energy disruptions and infrastructure. Basic Info World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. bbl/d, 75.57 OPEC Crude Oil (excluding condensates) Production, Table 3d. Help us do this work by making a donation. Stats You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Learn more about how Statista can support your business. ", 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 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). (Adobe PDF file), West Texas Intermediate crude oil price and NYMEX 95% confidence intervals 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. Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) is an important factor that affects oil prices. 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%). bbl/d, 12.67 The ideal entry-level account for individual users. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. You only have access to basic statistics. 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. 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 . We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Expanded product description and database documentation. Copy the URL to open this chart with all your selections. (Adobe PDF file) Are you interested in testing our business solutions? Daily and cumulative crude oil production in OPEC Members. Need help with your purchase ? When will countries phase out coal power? 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. Release Date: Feb. 7, 2023 | 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. USD/bbl, 6.74 U.S. 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. The level of oil production reached an all-time high in. 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. [Online]. Perceptions of a less severe recession and some improving macroeconomic conditions also likely contributed to rising crude oil prices over the past month. Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data. 3. Includes hydropower, solar, wind, geothermal, biomass and ethanol. 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). On a production basis of thousand barrels per day. The production volume of vegetable oil in the 2021/22 crop year exceeded 200 million metric tons worldwide. Unsurprisingly, these countries are also some of the world's largest oil. Change of 1.56 % from one year ago and summed to the PADD and the U.S. level are. 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