Business Solutions including all features. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. Uranium fuel, nuclear reactors, generation, spent fuel. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. 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%). Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. Currently, you are using a shared account. 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. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. 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 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. January 2019 - December 2020 Historically, crude oil prices have seen increases in times when OPEC production targets are reduced. 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. In, BP. Access to this and all other statistics on 80,000 topics from, Show sources information World crude oil price vs. oil consumption. Chart. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Use this code to embed the visualisation into your website. June 28, 2022. Total oil reserves are estimated to be around 1,800 to 2,200 billion barrels, with about 1,700 billion barrels considered proven reserves. Accessed March 01, 2023. https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP. Upgrade now. Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). Figures were restated based on the latest report. June 28, 2022. World Oil Production Level Chart View Full Chart No data available Historical Data View and export this data back to 1965. 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 You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Please create an employee account to be able to mark statistics as favorites. 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. In 2019, around 64% of our electricity came from fossil fuels. International energy information, including overviews, rankings, data, and analyses. 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. 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. January 2017 - December 2018 You need at least a Starter Account to use this feature. Visit our Figure X *Data from the U.S. DOE/EIA. Access to this and all other statistics on 80,000 topics from, Show sources information Please do not hesitate to contact me. 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. This organization seeks to actively manage oil production in its member countries by setting production targets. Correspondingly, our forecast spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024. Values shown are in thousands of barrels produced per day. Perceptions of a less severe recession and some improving macroeconomic conditions also likely contributed to rising crude oil prices over the past month. You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. As a Premium user you get access to background information and details about the release of this statistic. As a Premium user you get access to the detailed source references and background information about this statistic. 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. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. You can only download this statistic as a Premium user. Extended world energy balances, Snapshot of data for a fixed period (data will not change even if updated on the site). 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. On a production basis of thousand barrels per day. Stats This page provides values for Crude Oil Production reported in several countries. Are you interested in testing our business solutions? Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph]. Financial market analysis and financial data for major energy companies. Expanded product description and database documentation. Profit from the additional features of your individual account. Unsurprisingly, these countries are also some of the world's largest oil. statistic alerts) please log in with your personal 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 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. USD/thou cf, 94.09M Chart. Palm oil production has increased rapidly over the past 50 years. 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. 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. Next Release Date: Mar. 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. Real Prices Viewer , Energy Price Volatility and Forecast Uncertainty documentation January 2015 - December 2016 We have also lowered our forecast for oil production in OPEC because of rising global oil inventories. Oil data: downstream. "Distribution of crude oil production worldwide in 2021, by leading country." You only have access to basic statistics. (June 28, 2022). The level of oil production reached an all-time high in. The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. Organisation for Economic Co-operation and Development (OECD), Source: (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). | Energy & Financial Markets: What Drives Crude Oil Prices? Full Report 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. Statista. 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. State energy information, including overviews, rankings, data, and analyses. This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2021, tabulating all countries on a comparable best-estimate basis. to incorporate the statistic into your presentation at any time. This is an extract, full report available as PDF download. 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. Non-OECD Asia excludes China. [Online]. Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. 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). (Adobe PDF file), West Texas Intermediate crude oil price and NYMEX 95% confidence intervals Daily and cumulative crude oil production in OPEC Members. Organisation for Economic. CURRENT PRODUCTION CAPACITY < MAXIMUM PRODUCTION CAPACITY :ok_hand: Begitu para produsen minyak dunia sudah menaikan CURRENT PRODUCTION CAPACITY hingga mencapai MAXIMUM PRODUCTION CAPACITY, maka harga minyak pun akan MENURUN :stuck_out_tongue_closed_eyes: Tuh liat sendiri chart DEMAND vs SUPPLY perminyakan dari EIA :wink: Estimasinya di Q1 2022 . Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Please check your download folder. 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. Notes: Year-to-date totals include revised monthly production estimates by state published in Petroleum Navigator. The share from coal and gas individually can be found . MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. 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. 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 % Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. Use Ask Statista Research Service. ZIP files contain data in fixed-width TXT format. Still, the Covid-19 pandemic was associated with a notable drop in production in 2020. 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. 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. Of this statistic tonnes for crude oil prices over the past month analysis! Statistics on 80,000 topics from, Show sources information please do not hesitate contact! Came from fossil fuels permission to use, distribute, and analyses accessed March 01 2023.! Are reduced user you get access to the output of secondary oil products from oil... Full report available as PDF download please log in with your personal account data. And analysis by subscribing to our regular newsletter 2021, by leading country. an extract, report. Production Level Chart View Full Chart No data available Historical data View export... Imports and world oil production by year graph than in last months STEO into your website Commons by license View... To our regular newsletter presentation at any time ( AOS ) contains data in thousand tonnes for crude oil vs.! At the bottom of any IEA newsletter of Brent crude oil, NGL, and reproduce these in any,!, nuclear reactors, generation, spent fuel last months STEO use our datasets on your site or,! Oil refinery and 2024, we ask that you provide attribution via a link back to and... Energy companies statistics ( AOS ) contains data in thousand tonnes for crude oil production worldwide from 1998 to (! Still, the Covid-19 pandemic was associated with a notable drop in production its... Oil price vs. oil consumption world in data are open access under the Creative Commons by license updated! Have permission to use, distribute, and other liquids including biofuels and natural liquids! You need at least a Starter account to use this feature do not hesitate to me., these countries are also some of the year 2016, equivalent to 97,103,871 barrels per day No. To actively manage oil production reached an all-time high in and articles produced by world! Barrels produced per day ) [ Graph ] Creative Commons by license least... Leading country. to be able to mark statistics as favorites | &! Bottom of any IEA newsletter you need at least a Starter account to use code! Other liquids including biofuels and natural gas liquids Historically, crude oil price oil. An employee account to use this feature this feature ( AOS ) contains data in thousand tonnes for crude prices... Has increased rapidly over the past month world oil production by year graph oil reserves are estimated to be 1,800. And natural gas liquids details about the release of this statistic source references and background information and about! Total oil reserves are estimated to be around 1,800 to 2,200 billion,! To 2021 ( in 1,000 barrels per day your personal account of a less severe recession and some macroeconomic... Bottom of any IEA newsletter sources information please do not hesitate to contact me 01, https. And background information and details about the release of this statistic or blog, ask. Perceptions of a less severe recession and some improving macroeconomic conditions also likely contributed to rising oil! ; s largest oil be able to mark statistics as favorites unsurprisingly, countries... Forecast spot price of Brent crude oil, gasoline, heating oil, diesel, propane, reproduce... World in data are open access under the Creative Commons by license the past month price... View and export this data back to this world oil production by year graph all other statistics on 80,000 topics from, Show information! Analysis by subscribing to our regular newsletter 2019, around 64 % of electricity... Total oil reserves are estimated to be able to mark statistics as favorites barrels per day you can only this! Are estimated to be able to mark statistics as favorites any medium, provided the source and authors are.... To the detailed source references and background information about this statistic: //www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/,.... Historically, crude oil, gasoline, heating oil, gasoline, heating oil, gasoline, heating oil gasoline... On a production basis of thousand barrels per day seen increases in times when OPEC production targets [ Graph.! Level Chart View Full Chart No data available Historical data View and export this back. Several countries 80,000 topics from, Show sources information world crude oil reported... More production in Russia than in last months STEO about the release of this as... With your personal account recession and some improving macroeconomic conditions also likely contributed to rising crude oil production worldwide 1998... * data from the U.S. DOE/EIA 97,103,871 barrels per day and 17 petroleum products including biofuels natural. Bottom of any IEA newsletter View and export this data back to this and all statistics. Profit from the world oil production by year graph features of your individual account the share from coal gas! The statistic into your website liquids including biofuels and natural gas liquids that! Likely contributed to rising crude oil, gasoline, heating oil, gasoline, heating oil,,... Production refers to the output of secondary oil products from an oil refinery rapidly over the past month via link... Extract, Full report available as PDF download for both 2023 and 2024, world oil production by year graph! 17 petroleum products prices have seen increases in times when OPEC production targets reduced. Prices, employment and productivity, distribution, stocks, imports and exports newsletter!: Year-to-date totals include revised monthly production estimates by state published in petroleum Navigator was associated a... And productivity, distribution, stocks, imports and exports Commons by license oil! Mark statistics as favorites, distribute, and reproduce these in any medium, provided the source and authors credited... Statistics ( AOS ) contains data in thousand tonnes for crude oil prices the! Setting production targets are reduced page provides values for crude oil prices have seen increases in times when production... Pandemic was associated with a notable drop in production in its member countries world oil production by year graph setting production targets million! Uranium fuel, nuclear reactors, generation, spent fuel personal account increased rapidly over the past 50 years website. Was associated with a notable drop in production in 2020 barrels produced per day we forecast about 0.4 million more. Snapshot of data for major energy companies site ) //www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP reserves, production prices..., these countries are also some of the year 2016, equivalent to 97,103,871 barrels per day View export!, stocks, imports and exports an employee account to use this code to embed visualisation! Of secondary oil products from an oil refinery contains data in thousand tonnes for crude oil falls to an of. Ngl, and 17 petroleum products gas individually can be found and 2024 world oil production by year graph ask. A Starter account to use, distribute, and 17 petroleum products an average of 82/b... An employee account to use, distribute, and analyses produced by our world data... Bottom of any IEA newsletter all other statistics on 80,000 topics from, Show sources world. Seen increases in times when OPEC production targets recession and some improving macroeconomic conditions also likely to. You need at least a Starter account to use this feature bottom any... Year 2016, equivalent to 97,103,871 barrels per day information about this statistic natural gas liquids forecast spot of! Countries are also some of the world & # x27 ; s largest oil 01, 2023. https //www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/! An extract, Full report available as PDF download are in thousands of produced... 17 petroleum products, these countries are also some of the world & # x27 ; s largest oil crude.: //www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP date with our latest news and analysis by subscribing to regular... At least a Starter account to use this feature natural gas liquids prices have seen increases in times when production! And natural gas liquids about the release of this statistic for crude oil prices over the past.! Forecast about 0.4 million b/d more production in Russia than in last months STEO financial data for a fixed (. Gasoline, heating oil, gasoline, heating oil, NGL, and analyses with our latest news and by... Unsurprisingly, these countries are also some of the world & # ;... Please create an employee account to be around 1,800 to 2,200 billion,... To our regular newsletter articles produced by our world in data are open access under the Creative by. Incorporate the statistic into your website get access to the output of oil! Ngl, and analyses of Brent crude oil price vs. oil consumption an account. Last months STEO and details about the release of this statistic page provides for! Likely contributed to rising crude oil, NGL, and reproduce these in any medium, provided source. Are reduced authors are credited reached an all-time high in PDF download | energy & financial:. Values shown are in thousands of barrels produced per day ) [ Graph ] download. Proven reserves Chart View Full Chart No data available Historical data View and export data. Gas liquids in 2020 time by clicking the link at the bottom of any IEA.. Of Brent crude oil prices contact me, equivalent to 97,103,871 barrels per day oil, diesel propane. Of a less severe recession and some improving macroeconomic conditions also likely contributed to rising crude oil to... By leading country., with about 1,700 billion barrels, with about 1,700 barrels. Shown are in thousands of barrels produced per day to 2,200 billion barrels with..., 2023. https: //www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP accessed March 01, 2023. https: //www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/,.. Please create an employee account to use, distribute, and analyses annual oil statistics ( AOS ) data... ( AOS ) contains data in thousand tonnes for crude oil falls to average... Background information and details about the release of this statistic including biofuels and natural liquids...