Next Release Date: Mar. Create a free IEA account to download our reports or subcribe to a paid service. Create a free IEA account to download our reports or subcribe to a paid service. "Oil Production Worldwide from 1998 to 2021 (in 1,000 Barrels per Day). ZIP files contain data in fixed-width TXT format. Figures were restated based on the latest report. (Adobe PDF file) USD/bbl, 20.15 You need at least a Starter Account to use this feature. The revisions result from China relaxing COVID restrictions, which have increased our forecast of oil demand growth. 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. OPEC Crude Oil (excluding condensates) Production, Table 3d. 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. Crude oil prices: The Brent crude oil spot price averaged $82 per barrel (b) in January, about $2/b higher than the average in December 2022. bbl/d, 75.57 January 2011 - December 2012 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 All Tables This is now 35 times higher: in 2018 the world produced 71 million tonnes. This statistic is not included in your account. History of Global Oil Consumption Chart. 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. USD/bbl, 80.90 As soon as this statistic is updated, you will immediately be notified via e-mail. January 2021 - Current Month Organisation for Economic. The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. On a production basis of thousand barrels per day. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Thank you for subscribing. Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) is an important factor that affects oil prices. 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. Please check your download folder. You need at least a Starter Account to use this feature. U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. Release Date: Feb. 7, 2023 | Register in seconds and access exclusive features. to incorporate the statistic into your presentation at any time. All Figures. Global production today is more than 13 times higher than it was in the early 1960s. Access to this and all other statistics on 80,000 topics from, Show sources information In, BP. Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. This is a change of 1.56% from one year ago. It includes crude oil, natural gas liquids (NGLs) and additives. Statista. The United States produces every year an amount equivalent to 15.4% of its total proven reserves (as of 2016). Expanded product description and database documentation. The level of oil production reached an all-time high in. You need a Statista Account for unlimited access. Press release. 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 Stats Related Indicators World Energy Figures include crude oil, shale oil, oil sands, condensates and NGLs. 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. 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). 317.99 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. Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . In 2019, around 64% of our electricity came from fossil fuels. Non-OECD Asia excludes China. 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 includes crude oil, NGLs, motor gasoline, gas/diesel oil, residual fuel oil and other refined products. Regional energy information including dashboards, maps, data, and analyses. You need a Statista Account for unlimited access. The United States produces 14,837,640 barrels per day of oil (as of 2016) ranking 1st in the world. Are you interested in testing our business solutions? January 2013 - December 2014 Full Report Please consult our full legal disclaimer. 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). of Energy) . As soon as this statistic is updated, you will immediately be notified via e-mail. Maps, tools, and resources related to energy disruptions and infrastructure. The change in global production is shown in the chart. Interactive visualization requires JavaScript. Licence: CC BY 4.0. Greenhouse gas data, voluntary reporting, electric power plant emissions. U.S. You only have access to basic statistics. Forecast Completed: Feb. 2, 2023 | Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. Subscribe to feeds for updates on EIA products including Today in Energy and What's New. 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. BP. 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. (Adobe PDF file), West Texas Intermediate crude oil price and NYMEX 95% confidence intervals Global soybean oil production volume 2012/13-2022/23 . 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. Accessed March 01, 2023. https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP. We have also lowered our forecast for oil production in OPEC because of rising global oil inventories. 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. Data are in kilotonnes. statistic alerts) please log in with your personal account. (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. 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. Chart. ZIP files contain data in fixed-width TXT format. This is a change of 1.56% from one year ago. You can only download this statistic as a Premium user. 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. Total oil reserves are estimated to be around 1,800 to 2,200 billion barrels, with about 1,700 billion barrels considered proven reserves. This page provides values for Crude Oil Production reported in several countries. Data are in kilotonnes. Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. 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.