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). Get full access to all features within our Business Solutions. Chart. Please create an employee account to be able to mark statistics as favorites. 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). Compared with shorter-term data, the full-year figures are less prone to distortion from periodic maintenance shutdowns and other seasonal cycles. The United States produces every year an amount equivalent to 15.4% of its total proven reserves (as of 2016). OECD (2022), Crude oil production (indicator). January 2017 - December 2018 Table 3.7: World biofuel production. Non-OPEC Petroleum and Other Liquids Production, Table 3c. Overview Data sets OECD and selected countries crude supply 1 files Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) is an important factor that affects oil prices. 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. Excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas. 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. bbl/d, 75.57 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. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Licence: CC BY 4.0. Table 3.6: Non-OPEC oil supply and OPEC NGLs. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. As a Premium user you get access to the detailed source references and background information about this statistic. Please do not hesitate to contact me. This statistic is not included in your account. International energy information, including overviews, rankings, data, and analyses. Register in seconds and access exclusive features. "Distribution of crude oil production worldwide in 2021, by leading country." Then you can access your favorite statistics via the star in the header. ZIP files contain data in fixed-width TXT format. Uranium fuel, nuclear reactors, generation, spent fuel. ZIP files contain data in fixed-width TXT format. Oil data: downstream. 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%). Then you can access your favorite statistics via the star in the header. Note Apr. Charts. Oil accounts for only a small share of electricity production - most come from coal and gas. The revisions result from China relaxing COVID restrictions, which have increased our forecast of oil demand growth. Total U.S. Oil Production. Create a free IEA account to download our reports or subcribe to a paid service. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. You need a Statista Account for unlimited access. Are you interested in testing our business solutions? You only have access to basic statistics. 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. 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. (Adobe PDF file) Learn more about how Statista can support your business. This page provides values for Crude Oil Production reported in several countries. Correspondingly, our forecast spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024. Statista. This statistic is not included in your account. 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 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. Please check your download folder. Figure X *Data from the U.S. DOE/EIA. 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 Share of top producing countries in extraction of selected minerals and fossil fuels, 2019 Open % Minerals Oil Natural gas Copper Nickel Cobalt Graphite Rare earths Lithium 0 20 40 60 80 Fossil fuels United States Saudi Arabia Russia Iran China Australia Chile Democratic Republic of the Congo Indonesia Philippines Myanmar Peru Mozambique Brazil If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. 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. USD/bbl, 6.74 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. "Distribution of Crude Oil Production Worldwide in 2021, by Leading Country. Global energy consumption continues to grow, but it does seem to be slowing - averaging around 1% to 2% per year. As soon as this statistic is updated, you will immediately be notified via e-mail. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. STEO Data browser ", 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. All Tables Show publisher information Figure X is a graph of total U.S. oil production from 1930 through 2021. When will countries phase out coal power? To use individual functions (e.g., mark statistics as favourites, set Full Report Still, the Covid-19 pandemic was associated with a notable drop in production in 2020. Currently, you are using a shared account. (Adobe PDF file) USD/bbl, 20.15 This is now 350 million tonnes. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Use Ask Statista Research Service. 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. 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. Extended world energy balances, Snapshot of data for a fixed period (data will not change even if updated on the site). Notes: Year-to-date totals include revised monthly production estimates by state published in Petroleum Navigator. Even since the year 2000, production has more than doubled. Please do not hesitate to contact me. You need a Statista Account for unlimited access. (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). Thank you for subscribing. January 2011 - December 2012 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. 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). Currently, you are using a shared account. 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. Learn more about how Statista can support your business. Palm oil production has increased rapidly over the past 50 years. 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. 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. January 2013 - December 2014 Global oil demand rebounded in 2021 from its Covid-induced historic decline and while demand is set to keep increasing in the immediate years, its longer-term outlook is uncertain because of challenges from alternative fuels and changing behaviour of drivers and commuters. Table 3.5: World crude oil production by country. 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. Organisation for Economic Co-operation and Development (OECD), Source: Show publisher information NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation 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). Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. to incorporate the statistic into your presentation at any time. This is a change of 0.39% from last month and 5.06% from one year ago. Stats 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. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. 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. 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. USD/thou cf, 94.09M In, BP. It includes crude oil, natural gas liquids (NGLs) and additives. Licence: CC BY 4.0, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. 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. Create a free IEA account to download our reports or subcribe to a paid service. Are you interested in testing our business solutions? Use this code to embed the visualisation into your website. (Adobe PDF file) Sign up for email subcriptions to receive messages about specific EIA products. | 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. You only have access to basic statistics. (Adobe PDF file) Non-OECD Asia excludes China. . Figures include crude oil, shale oil, oil sands, condensates and NGLs. Text Only Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). Short, timely articles with graphics on energy, facts, issues, and trends. As a Premium user you get access to background information and details about the release of this statistic. Interactive visualization requires JavaScript. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data. Thank you for subscribing. All Figures. In the chart here we see the change in global soybean production from 1961 onwards. This is a change of 1.56% from one year ago. State energy information, including overviews, rankings, data, and analyses. 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). U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. Oil 2021 tackles these questions by analysing oil market data, trends in investment and government policies. 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. Profit from the additional features of your individual account. June 28, 2022. January 2007 - December 2008 Regional energy information including dashboards, maps, data, and analyses. The share from coal and gas individually can be found . Profit from the additional features of your individual account. doi: 10.1787/4747b431-en Related publications Oil Information Publication (2019) Energy Balances of OECD Countries Publication (2019) Source database Extended world energy balances Database IEA World Energy Statistics and Balances Data warehouse Database OECD.Stat Further indicators related to Energy Reports requested by congress or otherwise deemed important. Values shown are in thousands of barrels produced per day. Accessed March 01, 2023. https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP. Next Release Date: Mar. Accessed March 01, 2023. https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP. Release Date: Feb. 7, 2023 | You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. In 1970, the world was producing only 2 million tonnes. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. 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. Basic Info World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. BP. 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Shorter-Term data, and analyses: //www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP page provides values for crude oil NGL., you will immediately be notified via e-mail ) Sign up for subcriptions! Features within our business Solutions % per year, 2023. https: //www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP our reports subcribe... Year-To-Date totals include revised monthly production estimates by state published in Petroleum Navigator statistic your... World crude oil production quantities are estimated by state and summed to the PADD and U.S.! And OPEC NGLs dashboards, maps, data, trends in investment and policies. From other sources such as biofuels and synthetic derivatives of coal and natural gas Liquids ( NGLs ) and.... 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