Lesson plans, science fair experiments, field trips, teacher guide, and career corner. 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)." USD/bbl. NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. 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%). 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). Statista. 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. 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. When will countries phase out coal power? 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. Total oil reserves are estimated to be around 1,800 to 2,200 billion barrels, with about 1,700 billion barrels considered proven reserves. Thank you for subscribing. Overview Data sets OECD and selected countries crude supply 1 files We assume Russia will be able to reroute some of its petroleum exports subject to EU sanctions. 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 . 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. History of Global Oil Consumption (Adobe PDF file) 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. (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). The ideal entry-level account for individual users. June 28, 2022. Saudi Arabia's oil production has amounted to roughly 11 million barrels of oil per day for the past few years. 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. 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. In the chart here we see the change in global soybean production from 1961 onwards. 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. 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. State production estimates reported by EIA are normally different from data reported by state agencies. 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 To use individual functions (e.g., mark statistics as favourites, set [Online]. Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. Forms EIA uses to collect energy data including descriptions, links to survey instructions, and additional information. EIA's free and open data available as API, Excel add-in, bulk files, and widgets. 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). World crude oil price vs. oil consumption. 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. | Forecast Completed: Feb. 2, 2023 | "Distribution of Crude Oil Production Worldwide in 2021, by Leading Country. 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. As a Premium user you get access to background information and details about the release of this statistic. statistic alerts) please log in with your personal account. In 2019, around 64% of our electricity came from fossil fuels. Next Release Date: Mar. Accessed March 01, 2023. https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP. Stats 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. Energy & Financial Markets: What Drives Crude Oil Prices? Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Then you can access your favorite statistics via the star in the header. You need a Statista Account for unlimited access. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports. 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. Data are in kilotonnes. This statistic was compiled using several releases of the publication. Table 3.5: World crude oil production by country. Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data. Get full access to all features within our Business Solutions. Then you can access your favorite statistics via the star in the header. Text Only In, BP. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Thank you for subscribing. Create a free IEA account to download our reports or subcribe to a paid service. 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. Please do not hesitate to contact me. Create a free IEA account to download our reports or subcribe to a paid service. 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. Data are in kilotonnes. 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. This organization seeks to actively manage oil production in its member countries by setting production targets. 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. GRAPH: World Oil Production, 1950-2009 Top 20 Oil Producing Countries, 2009 Oil Production in the United States, 1900-2009 . ZIP files contain data in fixed-width TXT format. Exploration and reserves, storage, imports and exports, production, prices, sales. The production volume of vegetable oil in the 2021/22 crop year exceeded 200 million metric tons worldwide. 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. This is a change of 0.39% from last month and 5.06% from one year ago. We expect that the Brent spot price will average $85/b in the first half of 2023 (1H23). Licence: CC BY 4.0 OECD Middle East Non-OECD Europe and Eurasia China Non-OECD Asia January 2011 - December 2012 Chart. ZIP files contain data in fixed-width TXT format. 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). Basic Info World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. The revisions result from China relaxing COVID restrictions, which have increased our forecast of oil demand growth. Help us do this work by making a donation. Daily and cumulative crude oil production in OPEC Members. As a Premium user you get access to background information and details about the release of this statistic. ZIP files contain data in fixed-width TXT format. World Oil Production Level Chart View Full Chart No data available Historical Data View and export this data back to 1965. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph]. Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. This includes crude oil, NGLs, motor gasoline, gas/diesel oil, residual fuel oil and other refined products. Are you interested in testing our business solutions? ZIP files contain data in fixed-width TXT format. If you are an admin, please authenticate by logging in again. The change in global production is shown in the chart. 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 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). As a Premium user you get access to the detailed source references and background information about this statistic. The ideal entry-level account for individual users. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. STEO Data browser It includes crude oil, natural gas liquids (NGLs) and additives. As soon as this statistic is updated, you will immediately be notified via e-mail. You only have access to basic statistics. Reports requested by congress or otherwise deemed important. Show Recessions This page provides values for Crude Oil Production reported in several countries. 317.99 This is a change of 1.56% from one year ago. This is a change of 1.56% from one year ago. Register in seconds and access exclusive features. USD/mt, 80.41 Please check your download folder. 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. Background information about this statistic production as of February 2022 is 11,600.00 barrels! 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Vegetable oil in the chart or subcribe to a paid service, equivalent to barrels! Instructions, and career corner: CC by 4.0 OECD Middle East Europe! Of energy topics, Financial analysis, congressional reports from the US energy information (! Licence: CC by 4.0 OECD Middle East Non-OECD Europe and Eurasia China Asia.