Copy the URL to open this chart with all your selections. Thank you for subscribing. You need at least a Starter Account to use this feature. World Crude Oil Production is at a current level of 81.65M, up from 81.34M last month and up from 77.72M one year ago. Help us do this work by making a donation. World crude oil price vs. oil consumption. help centre, See if you qualify for a discount. Create a free IEA account to download our reports or subcribe to a paid service. Use Ask Statista Research Service. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Are you interested in testing our business solutions? Create a free IEA account to download our reports or subcribe to a paid service. Exploration and reserves, storage, imports and exports, production, prices, sales. Distribution of crude oil production worldwide in 2021, by leading country [Graph]. Licence: CC BY 4.0, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. 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. It includes crude oil, natural gas liquids (NGLs) and additives. Includes hydropower, solar, wind, geothermal, biomass and ethanol. 1 Back in the 1960s, we were producing 20 to 30 million tonnes per year. ", 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. The United States produces every year an amount equivalent to 15.4% of its total proven reserves (as of 2016). 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). Table 3.6: Non-OPEC oil supply and OPEC NGLs. This is now 350 million tonnes. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. 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. World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. 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. Data are in kilotonnes. Provides custom data views of historical and forecast data January 2017 - December 2018 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. 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. Charts. Historically, crude oil prices have seen increases in times when OPEC production targets are reduced. Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. 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. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. 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). In the chart here we see the change in global soybean production from 1961 onwards. . USD/bbl. Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. You can only download this statistic as a Premium user. Basic Info World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. Licence: CC BY 4.0 OECD Middle East Non-OECD Europe and Eurasia China Non-OECD Asia The change in global production is shown in the chart. Sign up for email subcriptions to receive messages about specific EIA products. Notes: Year-to-date totals include revised monthly production estimates by state published in Petroleum Navigator. 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. Published by Statista Research Department , Jan 31, 2023 Global oil production amounted to 89.9 million barrels per day in 2021. Profit from the additional features of your individual account. 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. [Online]. As soon as this statistic is updated, you will immediately be notified via e-mail. Excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas. 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. GRAPH: World Oil Production, 1950-2009 Top 20 Oil Producing Countries, 2009 Oil Production in the United States, 1900-2009 . Palm oil production has increased rapidly over the past 50 years. As a Premium user you get access to the detailed source references and background information about this statistic. Extended world energy balances, Snapshot of data for a fixed period (data will not change even if updated on the site). Please create an employee account to be able to mark statistics as favorites. Currently, you are using a shared account. State energy information, including overviews, rankings, data, and analyses. We assume Russia will be able to reroute some of its petroleum exports subject to EU sanctions. Register in seconds and access exclusive features. 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. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Daily and cumulative crude oil production in OPEC Members. Global production today is more than 13 times higher than it was in the early 1960s. (Adobe PDF file) Energy use in homes, commercial buildings, manufacturing, and transportation. As a Premium user you get access to background information and details about the release of this statistic. Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . 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. Even since the year 2000, production has more than doubled. USD/thou cf, 94.09M Oil 2021 tackles these questions by analysing oil market data, trends in investment and government policies. Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. statistic alerts) please log in with your personal account. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last month's STEO. "Distribution of Crude Oil Production Worldwide in 2021, by Leading Country. Uranium fuel, nuclear reactors, generation, spent fuel. 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). 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. Still, the Covid-19 pandemic was associated with a notable drop in production in 2020. Access to this and all other statistics on 80,000 topics from, Show sources information January 2009 - December 2010 Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. 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. Crude oil production includes crude oil, NGL, feedstocks, additives and other hydrocarbons. This is an extract, full report available as PDF download. Compared with shorter-term data, the full-year figures are less prone to distortion from periodic maintenance shutdowns and other seasonal cycles. [Online]. 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. Access to this and all other statistics on 80,000 topics from, Show sources information BP. We have also lowered our forecast for oil production in OPEC because of rising global oil inventories. 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. 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. 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. Figures were restated based on the latest report. 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. 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