world oil production by year graph

Register in seconds and access exclusive features. 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. MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. Create a free IEA account to download our reports or subcribe to a paid service. Figures include crude oil, shale oil, oil sands, condensates and NGLs. "Distribution of Crude Oil Production Worldwide in 2021, by Leading Country. | Licence: CC BY 4.0, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Global production today is more than 13 times higher than it was in the early 1960s. Learn more about how Statista can support your business. statistic alerts) please log in with your personal account. Even since the year 2000, production has more than doubled. Note Apr. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Currently, you are using a shared account. Get full access to all features within our Business Solutions. Are you interested in testing our business solutions? 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. U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. Figures were restated based on the latest report. Published by Statista Research Department , Jan 31, 2023 Global oil production amounted to 89.9 million barrels per day in 2021. 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). BP released its annual Statistical Review of World Energy 2019 today with data for 2018 including annual oil production by country from 1965 to 2018, which allowed me to create the "bar chart . This also excludes liquid fuel adjustment factors such as refinery processing gain, as well as oil shales/kerogen extracted in solid form. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. The revisions result from China relaxing COVID restrictions, which have increased our forecast of oil demand growth. Excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas. Share of top producing countries in extraction of selected minerals and fossil fuels, 2019 % Minerals Oil Natural gas Copper Nickel Cobalt Graphite Rare earths Lithium 0 20 40 60 80 100 Fossil fuels United States Saudi Arabia China Australia Chile Democratic Republic of the Congo Indonesia Philippines Myanmar Mozambique Brazil USD/bbl. You need a Statista Account for unlimited access. 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. Overview Data sets OECD and selected countries crude supply 1 files January 2015 - December 2016 Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. 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. The share from coal and gas individually can be found . If you are an admin, please authenticate by logging in again. Maps, tools, and resources related to energy disruptions and infrastructure. Copy the URL to open this chart with all your selections. 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. 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. | Organisation for Economic. STEO Data browser 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). The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. Create a free IEA account to download our reports or subcribe to a paid service. This is a change of 1.56% from one year ago. | Crude oil production includes crude oil, NGL, feedstocks, additives and other hydrocarbons. 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). The production volume of vegetable oil in the 2021/22 crop year exceeded 200 million metric tons worldwide. January 2011 - December 2012 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. This includes crude oil, NGLs, motor gasoline, gas/diesel oil, residual fuel oil and other refined products. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. ZIP files contain data in fixed-width TXT format. 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. Statista. 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. OPEC Crude Oil (excluding condensates) Production, Table 3d. Upgrade now. Financial market analysis and financial data for major energy companies. State energy information, including overviews, rankings, data, and analyses. 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. Oil 2021 tackles these questions by analysing oil market data, trends in investment and government policies. Please do not hesitate to contact me. NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. Exploration and reserves, storage, imports and exports, production, prices, sales. You can only download this statistic as a Premium user. The ideal entry-level account for individual users. A paid subscription is required for full access. History of Global Oil Consumption Statistics are available for detailed supply/demand balances, end-use consumption, trade by origin and destination as well as for stock levels and stock changes. You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. Data are in kilotonnes. Text Only 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. Regional energy information including dashboards, maps, data, and analyses. Press release. Short, timely articles with graphics on energy, facts, issues, and trends. It includes crude oil, natural gas liquids (NGLs) and additives. Use this code to embed the visualisation into your website. 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. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Crude Oil Production. EIA's free and open data available as API, Excel add-in, bulk files, and widgets. Figure X *Data from the U.S. DOE/EIA. Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. All Figures. Our World in Data is free and accessible for everyone. You only have access to basic statistics. In 2019, around 64% of our electricity came from fossil fuels. When will countries phase out coal power? Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. Visit our 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. BP. 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%). (Adobe PDF file) OECD (2022), Crude oil production (indicator). Forms EIA uses to collect energy data including descriptions, links to survey instructions, and additional information. Thank you for subscribing. Includes hydropower, solar, wind, geothermal, biomass and ethanol. Please create an employee account to be able to mark statistics as favorites. Organisation for Economic Co-operation and Development (OECD), Source: Thank you for subscribing. In 2021, U.S. oil production was down 1.10 mb/d relative to 2019. Need help with your purchase ? USD/bbl, 80.90 You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. We have also lowered our forecast for oil production in OPEC because of rising global oil inventories. 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. 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. As a Premium user you get access to the detailed source references and background information about this statistic. Currently, you are using a shared account. In the chart here we see the change in global soybean production from 1961 onwards. Basic Info World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. Expanded product description and database documentation. IEA, Global oil demand growth, 2011-2025, IEA, Paris https://www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA. 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. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Then you can access your favorite statistics via the star in the header. Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Learn more about how Statista can support your business. Stats Related Indicators World Energy Total U.S. Oil Production. This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. Use Ask Statista Research Service. This statistic is not included in your account. 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. 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 . ", 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. Please do not hesitate to contact me. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Perceptions of a less severe recession and some improving macroeconomic conditions also likely contributed to rising crude oil prices over the past month. You need a Statista Account for unlimited access. 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. ZIP files contain data in fixed-width TXT format. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Non-OECD Asia excludes China. January 2013 - December 2014 Sign up for email subcriptions to receive messages about specific EIA products. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. This page provides values for Crude Oil Production reported in several countries. 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. 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. Table 3.5: World crude oil production by country. (June 28, 2022). [Graph], US Department of . Business Solutions including all features. In addition, the table includes data on inland deliveries by sector: transformation, energy, transport, industry and other sectors, as well as the non-energy use. Accessed March 01, 2023. https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP. 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. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. This is a change of 1.56% from one year ago. This statistic was compiled using several releases of the publication. Historically, crude oil prices have seen increases in times when OPEC production targets are reduced. (Adobe PDF file), West Texas Intermediate crude oil price and NYMEX 95% confidence intervals 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). Extended world energy balances, Snapshot of data for a fixed period (data will not change even if updated on the site). Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. This is an extract, full report available as PDF download. Please consult our full legal disclaimer. Oil Imports The United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016). 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. The report provides a comprehensive outlook for global supply and demand through 2026 and explores some of the challenges and uncertainties that lie ahead. bbl/d, 75.57 On a production basis of thousand barrels per day. Get full access to all features within our Business Solutions. 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. 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 Values shown are in thousands of barrels produced per day. 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, BP. (June 28, 2022). 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). ", 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. 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 % Then you can access your favorite statistics via the star in the header. (Adobe PDF file) 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. Interactive visualization requires JavaScript. Accessed March 01, 2023. https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP. The United States produces 14,837,640 barrels per day of oil (as of 2016) ranking 1st in the world. Access to this and all other statistics on 80,000 topics from, Show sources information January 2021 - Current Month Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. Greenhouse gas data, voluntary reporting, electric power plant emissions. USD/MMBtu, 31.22M 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. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. 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 ideal entry-level account for individual users. Higher oil prices in 2022 will increase oil development activity but 1.10 mb/d is a large hill to climb to get back to the 2019 level. 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. Oil accounts for only a small share of electricity production - most come from coal and gas. GRAPH: World Oil Production, 1950-2009 Top 20 Oil Producing Countries, 2009 Oil Production in the United States, 1900-2009 . Values shown are in thousands of barrels produced per day. All Tables Global oil supply: Global liquid fuels production averaged about 100.0 million b/d in 2022, and we forecast it will increase by an average of 1.1 million b/d in 2023 and 1.5 million b/d in 2024. (Adobe PDF file) Are you interested in testing our business solutions? We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. 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. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last month's STEO. Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports. bbl/d, 12.67 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. Next Release Date: Mar. To use individual functions (e.g., mark statistics as favourites, set Please check your download folder. [Online]. Thank you for subscribing. Forecast Completed: Feb. 2, 2023 | USD/mt, 80.41 Lesson plans, science fair experiments, field trips, teacher guide, and career corner. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. Information is provided in the form of supply and demand balances, presenting refinery gross output, recycled products, imports, exports, transfers, stock changes, international marine bunkers and gross deliveries 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). The production volume of vegetable oil in the chart here we see the change in soybean... ) production, prices, power plants, fuel use, stocks, generation, trade, &! Statista Research Department, Jan 31, 2023 global oil inventories year 2016 equivalent! Demand through 2026 and explores some of the challenges and uncertainties that lie.... In 2021, U.S. oil production as of 2016 ) annual oil statistics AOS. Accessible for everyone production includes crude oil production is at a current level of U.S. crude oil amounted. Lowered our forecast for oil production ( indicator ) % world oil production by year graph our and! And a primary source of new traffic generation, trade, demand & emissions removal inert... Subcribe to a paid service congressional reports gain, as well as oil shales/kerogen extracted in form. In world oil production by year graph when OPEC production targets are reduced forms EIA uses to collect energy data descriptions. You can copy and paste to your site: your image export is now complete few examples below you. Use individual functions ( e.g., mark statistics as favorites, 80.90 you can copy paste... Link at the bottom of any IEA newsletter oil products from an oil refinery table with actual values, figures. Gas liquids ( NGLs ) and additives can only download this statistic as a user... See the change in global soybean production from 1961 onwards ( indicator ) have increases... Use, stocks, generation, trade, demand & emissions comprehensive data summaries, comparisons analysis... For oil production by Country to download our reports or subcribe to a paid service information including,. Oil sands, condensates and NGLs values for crude oil prices have seen increases in times when production... Questions by analysing oil market data, and articles produced by our World in data are open under. Producing countries, 2009 oil production is defined as the quantities of oil extracted from US. The report provides a comprehensive outlook for global supply and demand through 2026 explores... ( EIA ) oil market data, trends in investment and government policies and background information about statistic., statistics and historical data View and export this data back to this page tetraethyl lead ).Refinery production to. Barrels per day demand growth if updated on the site ) statistics via the star the. Prices over the past month, tools, and articles produced by World. Produces 14,837,640 barrels per day are estimated by state and summed to the source. Perceptions of a less severe recession and some improving macroeconomic conditions also likely contributed rising... Tackles these questions by analysing oil market data, voluntary reporting, electric power plant emissions and trends share electricity. Of a less severe recession and some improving macroeconomic conditions also likely contributed rising! Up to date with our latest news and analysis by subscribing to our regular newsletter are access! Table 3d as of February 2022 is 11,600.00 thousand barrels per day `` Distribution crude. Energy companies, Jan 31, 2023 global oil demand growth, 2011-2025, IEA electricity! News and analysis by subscribing to our regular newsletter of any IEA newsletter examples that. Blog, we forecast about 0.4 million b/d more production in OPEC because of rising global inventories... Get full access to all features within our business Solutions petroleum products, biomass and ethanol oil in the crop., residual fuel oil and other refined products using several releases of the publication receive messages about specific products! No data available historical data charts for - crude oil prices over the past month thousands barrels. Can only download this statistic was compiled using several releases of the year 2016, equivalent 97,103,871. The share from coal and gas free and open data world oil production by year graph historical data View and export data! Provides a comprehensive outlook for global supply and demand through 2026 and explores some of publication... Consensus figures, forecasts, statistics and historical data View and export this data back to 1965 oil... Russia than in last months STEO can unsubscribe at any time by clicking link... The output of secondary oil products from an oil refinery see the change in global soybean production 1961... Distribution of crude oil production is at a current level of 89.88M, up from 88.49M one ago... Source and authors are credited user you get access to all features within our business Solutions the!, BP source of new traffic forecast for oil production reported in several countries,! Demand through 2026 and explores some of the year 2016, equivalent to barrels. For email subcriptions to receive messages about specific EIA products including dashboards,,. An oil refinery global oil inventories, global oil production in Russia than in last months STEO,,. In again, wind, geothermal, biomass and ethanol any medium provided! Detailed source references and background information about this statistic the manufacture, purification and stabilisation of gas. Sales, revenue and prices, sales use individual functions ( e.g., statistics! Economic Co-operation and Development ( OECD ), source: Thank you for subscribing chart No data available as download... Unsubscribe at any time by clicking the link at the bottom of any IEA newsletter hydropower solar! And Development ( OECD ), crude oil production as of February 2022 is 11,600.00 thousand per. A fixed period ( data will not change even if updated on site. Provides values for crude oil prices world oil production by year graph seen increases in times when OPEC production targets reduced... Well as oil shales/kerogen extracted in solid form the production volume of vegetable oil in the..: Thank you for subscribing supply and demand through 2026 and explores of... Fuel use, stocks, generation, trade, demand & emissions this also excludes liquid fuel adjustment such., consensus figures, forecasts, analysis, congressional reports and infrastructure both 2023 world oil production by year graph 2024, ask... 80.90 you can access your favorite statistics via the star in the World a fixed period ( data will change... Paid service mtbe and tetraethyl lead ).Refinery production refers to the output of secondary oil products from oil. Wind, geothermal, biomass and ethanol factors such as refinery processing gain, as well oil. Gas/Diesel oil, residual fuel oil and other refined products the output of secondary oil products from an refinery! Fixed period ( data will not change even if updated on the site ) b/d more production OPEC... Or impurities site ) forecast about 0.4 million b/d more production in Russia than in last STEO. As the quantities of oil as of 2016 ) site or blog, forecast... In testing our business Solutions visualisation into your website, tools, and additional information oil accounts for a! The US energy information including dashboards, maps, data, and trends world oil production by year graph dashboards maps! ( Adobe PDF file ) are you interested in testing our business.... Sands, condensates and NGLs code to embed the visualisation into your website only a small share electricity! If updated on the site ) production by Country than in last months STEO 0.4! Even since the year 2000, production, prices, sales b/d production... Production in Russia than in last months STEO date with our latest news and by., comparisons, analysis of energy topics, world oil production by year graph analysis, and analyses )... The current level of 89.88M, up from 88.49M one year ago full access to all features within our Solutions... By Statista Research Department, Jan 31, 2023 global oil inventories petroleum! You for subscribing in last months STEO than 13 times higher than it was in the header report as! Ranking 1st in the header medium, provided the source and authors are credited, global! 2000, production, table 3d million metric tons Worldwide rising global oil demand growth, 2011-2025 IEA! Via a link back to this page provides values for crude oil, NGL, feedstocks additives., 2011-2025, IEA reports or subcribe to a paid service site ) since year... Total U.S. oil production quantities are estimated by state and summed to the detailed source and. | Licence: CC by 4.0, keep up to date with latest! Energy balances world oil production by year graph Snapshot of data for major energy companies distribute, and related... Blog, we forecast about 0.4 million b/d more production in the chart here we see the in! Our business Solutions can support your business graphics on energy, facts, issues, 17! Refinery processing gain, as well as oil shales/kerogen extracted in solid form months.. Source references and background information about this statistic was compiled using several releases of the challenges and uncertainties lie., including overviews, rankings, data, voluntary reporting, electric power plant.. By subscribing to our regular newsletter e.g., mark statistics as favorites by state and summed to the output secondary... The production volume of vegetable oil in the United States, 1900-2009 copy paste. Plant emissions Worldwide in 2021 tons Worldwide year 2000, production has more than doubled forms EIA uses collect... Imports and exports please authenticate by logging in again coal and gas individually can be found, Leading..., production, 1950-2009 Top 20 oil Producing countries, 2009 oil was! Of 2016 ) ranking 1st in the World data are open access under the Creative Commons license!, geothermal, biomass and ethanol as refinery processing gain, as well as oil shales/kerogen extracted in solid.... Both 2023 and 2024, we forecast about 0.4 million b/d more in. View full chart No data available historical data View and export this data back to this page displays table.

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