Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. State production estimates reported by EIA are normally different from data reported by state agencies. To use individual functions (e.g., mark statistics as favourites, set [Online]. Global production today is more than 13 times higher than it was in the early 1960s. Chart. It includes crude oil, natural gas liquids (NGLs) and additives. This is a change of 0.39% from last month and 5.06% from one year ago. Oil accounts for only a small share of electricity production - most come from coal and gas. BP. January 2009 - December 2010 The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. 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%). "Distribution of crude oil production worldwide in 2021, by leading country." Accessed March 01, 2023. https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP. to incorporate the statistic into your presentation at any time. Table 3.7: World biofuel production. 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. Figures were restated based on the latest report. | Profit from the additional features of your individual account. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. Uranium fuel, nuclear reactors, generation, spent fuel. 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. Short, timely articles with graphics on energy, facts, issues, and trends. Currently, you are using a shared account. (Adobe PDF file) (Adobe PDF file) 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 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. Get full access to all features within our Business Solutions. Daily and cumulative crude oil production in OPEC Members. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Correspondingly, our forecast spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024. Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) is an important factor that affects oil prices. Release Date: Feb. 7, 2023 | Palm oil production has increased rapidly over the past 50 years. 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. Maps by energy source and topic, includes forecast maps. "Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day)." 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. Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data. We assume Russia will be able to reroute some of its petroleum exports subject to EU sanctions. Figures include crude oil, shale oil, oil sands, condensates and NGLs. . 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. 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). ZIP files contain data in fixed-width TXT format. On a production basis of thousand barrels per day. 317.99 Figure X *Data from the U.S. DOE/EIA. Financial market analysis and financial data for major energy companies. 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. 3. A paid subscription is required for full access. Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . Are you interested in testing our business solutions? Oil Imports The United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016). We have also lowered our forecast for oil production in OPEC because of rising global oil inventories. Thank you for subscribing. Organisation for Economic. USD/thou cf, 94.09M You only have access to basic statistics. (Adobe PDF file) 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 . 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. Help us do this work by making a donation. Note Apr. Use Ask Statista Research Service. 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 . Exploration and reserves, storage, imports and exports, production, prices, sales. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Access to this and all other statistics on 80,000 topics from, Show sources information When will countries phase out coal power? Total U.S. Oil Production. 1 Back in the 1960s, we were producing 20 to 30 million tonnes per year. 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. 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. Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. A 2020 peak oil scenario would place the peak production at 35 billion barrels, which was surpassed in 2018 and 2021. (Adobe PDF file) 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. Energy use in homes, commercial buildings, manufacturing, and transportation. (Adobe PDF file) Learn more about how Statista can support your business. BP. June 28, 2022. bbl/d, 12.67 You need a Statista Account for unlimited access. Next Release Date: Mar. Use this code to embed the visualisation into your website. Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. Maps, tools, and resources related to energy disruptions and infrastructure. U.S. 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. [Online]. Data are in kilotonnes. 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 This is an extract, full report available as PDF download. U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. ZIP files contain data in fixed-width TXT format. Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports. We expect that the Brent spot price will average $85/b in the first half of 2023 (1H23). Stats Please create an employee account to be able to mark statistics as favorites. We see that global energy consumption has increased nearly every year for more than half a century. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. To use individual functions (e.g., mark statistics as favourites, set This statistic was compiled using several releases of the publication. help centre, See if you qualify for a discount. to incorporate the statistic into your presentation at any time. Please do not hesitate to contact me. Organisation for Economic Co-operation and Development (OECD), Source: January 2017 - December 2018 MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. 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. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. The report provides a comprehensive outlook for global supply and demand through 2026 and explores some of the challenges and uncertainties that lie ahead. Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph]. Register in seconds and access exclusive features. Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. USD/bbl, 20.15 Data are in kilotonnes. 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. Find out about the world, a region, or a country, Find out about a fuel, a technology or a sector, Explore the full range of IEA's unique analysis, Search, download and purchase energy data and statistics, Search, filter and find energy-related policies, Shaping a secure and sustainable energy future, Clean Energy Transitions in Emerging Economies, Digital Demand-Driven Electricity Networks Initiative. We 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. Copy the URL to open this chart with all your selections. 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. Oil 2021 tackles these questions by analysing oil market data, trends in investment and government policies. 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. Extended world energy balances, Snapshot of data for a fixed period (data will not change even if updated on the site). OECD (2022), Crude oil production (indicator). Saudi Arabia's oil production has amounted to roughly 11 million barrels of oil per day for the past few years. 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. In 2019, around 64% of our electricity came from fossil fuels. Values shown are in thousands of barrels produced per day. ", 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. 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. ", 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 organization seeks to actively manage oil production in its member countries by setting production targets. | Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. [Graph], US Department of . 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. statistic alerts) please log in with your personal account. 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. (Adobe PDF file) Historically, crude oil prices have seen increases in times when OPEC production targets are reduced. This is now 350 million tonnes. 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. Thank you for subscribing. USD/mt, 80.41 IEA, Global oil demand growth, 2011-2025, IEA, Paris https://www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA. Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Published by Statista Research Department , Jan 31, 2023 Global oil production amounted to 89.9 million barrels per day in 2021.
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world oil production by year graph