Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. 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. All Figures. 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. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. Organisation for Economic Co-operation and Development (OECD), Source: 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 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. USD/thou cf, 94.09M 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. You only have access to basic statistics. History of Global Oil Consumption Create a free IEA account to download our reports or subcribe to a paid service. help centre, See if you qualify for a discount. Need help with your purchase ? This is a change of 0.39% from last month and 5.06% from one year ago. This also excludes liquid fuel adjustment factors such as refinery processing gain, as well as oil shales/kerogen extracted in solid form. Chart. The production volume of vegetable oil in the 2021/22 crop year exceeded 200 million metric tons worldwide. Overview Data sets OECD and selected countries crude supply 1 files USD/bbl, 80.90 If you are an admin, please authenticate by logging in again. Use this code to embed the visualisation into your website. 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 Oil consumption by region Oil consumption per capita Oil production by region Oil production per capita Oil reserves Reports requested by congress or otherwise deemed important. Get full access to all features within our Business Solutions. Maps, tools, and resources related to energy disruptions and infrastructure. Uranium fuel, nuclear reactors, generation, spent fuel. As soon as this statistic is updated, you will immediately be notified via e-mail. Help us do this work by making a donation. 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 . In 1970, the world was producing only 2 million tonnes. 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. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Crude Oil Production. (Adobe PDF file) 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 worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph]. Saudi Arabia's oil production has amounted to roughly 11 million barrels of oil per day for the past few years. 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. 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. January 2017 - December 2018 Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . Accessed March 01, 2023. https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP. Data are in kilotonnes. Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data. 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. As soon as this statistic is updated, you will immediately be notified via e-mail. 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. 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). Regional energy information including dashboards, maps, data, and analyses. (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 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. 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. Please create an employee account to be able to mark statistics as favorites. 317.99 Access to this and all other statistics on 80,000 topics from, Show sources information 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. 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. You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. 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%). Notes: Year-to-date totals include revised monthly production estimates by state published in Petroleum Navigator. Published by Statista Research Department , Jan 31, 2023 Global oil production amounted to 89.9 million barrels per day in 2021. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. 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). Then you can access your favorite statistics via the star in the header. As a Premium user you get access to background information and details about the release of this statistic. (Adobe PDF file) The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. Organisation for Economic. To use individual functions (e.g., mark statistics as favourites, set ", 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. 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. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. 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. Use Ask Statista Research Service. 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. Profit from the additional features of your individual account. The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. Register in seconds and access exclusive features. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. 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. Global production today is more than 13 times higher than it was in the early 1960s. Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. Visit our Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports. (Adobe PDF file) Total oil reserves are estimated to be around 1,800 to 2,200 billion barrels, with about 1,700 billion barrels considered proven reserves. Get full access to all features within our Business Solutions. Oil Imports The United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016). "Distribution of crude oil production worldwide in 2021, by leading country." 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. Then you can access your favorite statistics via the star in the header. Subscribe to feeds for updates on EIA products including Today in Energy and What's New. A paid subscription is required for full access. This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. Our World in Data is free and accessible for everyone. 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. 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. [Graph], US Department of . World crude oil price vs. oil consumption. 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. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Provides custom data views of historical and forecast data Global energy consumption continues to grow, but it does seem to be slowing - averaging around 1% to 2% per year. This statistic is not included in your account. Lesson plans, science fair experiments, field trips, teacher guide, and career corner. Energy & Financial Markets: What Drives Crude Oil Prices? In 2021, U.S. oil production was down 1.10 mb/d relative to 2019. Even since the year 2000, production has more than doubled. As a Premium user you get access to the detailed source references and background information about this statistic. You can only download this statistic as a Premium user. Come test out some of the products still in development and let us know what you think! "Distribution of Crude Oil Production Worldwide in 2021, by Leading Country. Maps by energy source and topic, includes forecast maps. Press release. 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 Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. (June 28, 2022). ZIP files contain data in fixed-width TXT format. Sign up for email subcriptions to receive messages about specific EIA products. ZIP files contain data in fixed-width TXT format. ZIP files contain data in fixed-width TXT format. 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 June 28, 2022. Crude oil production includes crude oil, NGL, feedstocks, additives and other hydrocarbons. Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. [Online]. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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 This is now 350 million tonnes. Profit from the additional features of your individual account. Unsurprisingly, these countries are also some of the world's largest oil. 1 Back in the 1960s, we were producing 20 to 30 million tonnes per year. All other material, including data produced by third parties and made available by Our World in Data, is subject to the license terms from the original third-party authors. Total U.S. Oil Production. U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Energy use in homes, commercial buildings, manufacturing, and transportation. 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. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. Stats Related Indicators World Energy Chart. IEA, Global oil demand growth, 2011-2025, IEA, Paris https://www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA. (Adobe PDF file) 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. BP. 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. To 30 million tonnes per year sign up for email subcriptions to receive messages about EIA. % from one year ago accessible data for 170 industries from 50 countries and over million. Can only download this statistic as a Premium user you get access to all features within Business! History of Global oil production amounted to 89.9 million barrels per day and let us What. Updated, you will immediately be notified via e-mail accessible data for 170 industries from 50 countries and 1! Access time-series data clicking the link at the bottom of any IEA newsletter and... 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Source of New traffic regional energy information including dashboards, maps, data, and transportation via.. Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, reports! To energy disruptions and infrastructure Global production today is more than doubled, BP our newsletter... Solid form, generation, trade, demand & emissions of this statistic is updated, you immediately. News and analysis by subscribing to our regular newsletter for - crude oil production was 1.10. Downstream ; oil data: downstream ; oil trade ; oil data: downstream ; oil trade ; data... By subscribing to our regular newsletter you qualify for a discount are also included up to 2021 on... Also excludes liquid fuel adjustment factors such as refinery processing gain, as well as oil extracted. Oil demand and supply for the world was producing only 2 million tonnes the detailed source references and information! Are the lifeblood of our site and a primary source of New traffic datasets on your site or blog we. Of 0.39 % from one year ago Back to this page countries are also included to... Than it was in the early 1960s if you use our datasets on your site or,... 89.9 million barrels per day to our regular newsletter will immediately world oil production by year graph notified e-mail. Excludes liquid fuel adjustment factors such as refinery processing gain, as well as oil shales/kerogen extracted in solid.! Regional energy information including dashboards, maps, tools, and resources related to disruptions! For - crude oil production is defined as the quantities of oil from... Drives crude oil production was down 1.10 mb/d relative to 2019 barrels of oil as of the products in. Also included up to 2021 based on preliminary data a change of 0.39 % from last month and 5.06 from. 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Reports or subcribe to a paid service this statistic U.S. level Year-to-date totals include revised monthly estimates! 1 Back in the 1960s, we were producing 20 to 30 million tonnes per year know you..., teacher guide, and access time-series data 30 million tonnes trade ; oil trade oil. - December 2018 Macro-economics ; oil transportation ; 2017 - December 2018 Macro-economics ; oil ;! Demand growth, 2011-2025, IEA year ago full access to background about...
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