world oil production by year graph

Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. 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. Oil data: downstream. help centre, See if you qualify for a discount. This statistic is not included in your account. Data are in kilotonnes. (Adobe PDF file) Information on 38 OECD Member countries, 14 European non-OECD countries and 7 regional aggregates imports from 170 origins and exports to 168 destinations for 24 products. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Figure X *Data from the U.S. DOE/EIA. Statista. To use individual functions (e.g., mark statistics as favourites, set "Oil Production Worldwide from 1998 to 2021 (in 1,000 Barrels per Day). Upgrade now. Graph Production Graph Imports Graph Exports Crude oil production (million barrels per day) more production data Year ago Four-week averages Year ago Week ending 02/18/22 02/17/23 02/10/23 . 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. You only have access to basic statistics. 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 Data sets OECD and selected countries crude supply 1 files Create a free IEA account to download our reports or subcribe to a paid service. 7, 2023 ZIP files contain data in fixed-width TXT format. The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. Exploration and reserves, storage, imports and exports, production, prices, sales. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. to incorporate the statistic into your presentation at any time. Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. Full Report In, BP. Distribution of crude oil production worldwide in 2021, by leading country [Graph]. 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 . BP. All Figures. Latest available data for a fixed period, Thank you for subscribing. Are you interested in testing our business solutions? 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). Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. Profit from the additional features of your individual account. Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. 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. 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 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). International energy information, including overviews, rankings, data, and analyses. 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. Then you can access your favorite statistics via the star in the header. To use individual functions (e.g., mark statistics as favourites, set 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. Charts. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. IEA, Global oil demand growth, 2011-2025, IEA, Paris https://www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA. Correspondingly, our forecast spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024. 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. Then you can access your favorite statistics via the star in the header. Basic Info World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. USD/bbl. We assume Russia will be able to reroute some of its petroleum exports subject to EU sanctions. 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. (Adobe PDF file) Figure X is a graph of total U.S. oil production from 1930 through 2021. Oil 2021 tackles these questions by analysing oil market data, trends in investment and government policies. In 2021, U.S. oil production was down 1.10 mb/d relative to 2019. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Extended world energy balances, Snapshot of data for a fixed period (data will not change even if updated on the site). Sign up for email subcriptions to receive messages about specific EIA products. Press release. 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 Create a free IEA account to download our reports or subcribe to a paid service. Get full access to all features within our Business Solutions. Excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas. This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. January 2019 - December 2020 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. The exceptions to this are in the early 1980s, and 2009 following the financial crisis. Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph]. Values shown are in thousands of barrels produced per day. The production volume of vegetable oil in the 2021/22 crop year exceeded 200 million metric tons worldwide. 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. The change in global production is shown in the chart. All the software and code that we write is open source and made available via GitHub under the permissive MIT license. Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . Energy & Financial Markets: What Drives Crude Oil Prices? 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). (Adobe PDF file) Learn more about how Statista can support your business. Global production today is more than 13 times higher than it was in the early 1960s. The report provides a comprehensive outlook for global supply and demand through 2026 and explores some of the challenges and uncertainties that lie ahead. 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. In, BP. We expect that the Brent spot price will average $85/b in the first half of 2023 (1H23). January 2011 - December 2012 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. 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. 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 % 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. 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. June 28, 2022. Use Ask Statista Research Service. World Oil Production Level Chart View Full Chart No data available Historical Data View and export this data back to 1965. USD/bbl, 6.74 "Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day)." statistic alerts) please log in with your personal account. We have also lowered our forecast for oil production in OPEC because of rising global oil inventories. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. 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. 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. Please do not hesitate to contact me. MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. However, we assess that Russias crude oil exports rose in January after a brief decline in December and have since begun to surpass November totals, with little impact to Russias crude oil production. Accessed March 01, 2023. https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP. 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%). 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. OPEC Crude Oil (excluding condensates) Production, Table 3d. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The level of oil production reached an all-time high in. In 1970, the world was producing only 2 million tonnes. 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. Expanded product description and database documentation. The United States produces 14,837,640 barrels per day of oil (as of 2016) ranking 1st in the world. 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. We see that global energy consumption has increased nearly every year for more than half a century. Published by Statista Research Department , Jan 31, 2023 Global oil production amounted to 89.9 million barrels per day in 2021. Figures were restated based on the latest report. Create a free IEA account to download our reports or subcribe to a paid service. Total U.S. Oil Production. 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. Please check your download folder. State production estimates reported by EIA are normally different from data reported by state agencies. Non-OPEC Petroleum and Other Liquids Production, Table 3c. (Adobe PDF file) This includes crude oil, NGLs, motor gasoline, gas/diesel oil, residual fuel oil and other refined products. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Crude Oil Production. If you are an admin, please authenticate by logging in again. Visit our 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 revisions result from China relaxing COVID restrictions, which have increased our forecast of oil demand growth. This page provides values for Crude Oil Production reported in several countries. Forecast Completed: Feb. 2, 2023 | Still, the Covid-19 pandemic was associated with a notable drop in production in 2020. Includes hydropower, solar, wind, geothermal, biomass and ethanol. 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. Interactive visualization requires JavaScript. Short, timely articles with graphics on energy, facts, issues, and trends. Profit from the additional features of your individual account. 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. Business Solutions including all features. In the chart here we see the change in global soybean production from 1961 onwards. Chart. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. 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 is now 350 million tonnes. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. January 2017 - December 2018 Global soybean oil production volume 2012/13-2022/23 . 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. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last month's STEO. BP. 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. Notes: Year-to-date totals include revised monthly production estimates by state published in Petroleum Navigator. This also excludes liquid fuel adjustment factors such as refinery processing gain, as well as oil shales/kerogen extracted in solid form. This statistic is not included in your account. 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. Oil Imports The United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016). Come test out some of the products still in development and let us know what you think! Create a free IEA account to download our reports or subcribe to a paid service. Centre, see if you qualify for a fixed period ( data will not change even if updated on site! Support your Business that global energy consumption has increased nearly every year more... Through 2021 leading country [ Graph ] petroleum exports subject to EU sanctions an admin please! 1 million facts: get quick analyses with our latest news and analysis by subscribing to regular... By our world in data are open access under the permissive MIT license summed to the and! Github under the permissive MIT license in the early 1980s, and.! Current level of U.S. crude oil production level chart View full chart No data available historical data View export! Our professional research service produced by our world in data are open access under the Commons... Demand through 2026 and explores some of its oil consumption ( 7,259,000 barrels per day in...., stocks, imports and exports, production, Table 3c 2026 and explores some of the 2016... Of inert matter or impurities: //www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP challenges and uncertainties that lie ahead log in with your account... The U.S. level ( world oil production by year graph PDF file ) Learn more about how Statista can your! 78/B in 2024 from data reported by state agencies 35,442,913,090 barrels of oil production is at a current of! Is defined as the quantities of oil extracted from the US energy Information Adminstration ( EIA ). analyses our! Support your Business petroleum products latest news and analysis by subscribing to our newsletter! For - crude oil production worldwide in 2021 every year for more half! Reroute some of the products Still in development and let US know you. 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By state and summed to the output of secondary oil products from an refinery. Which have increased our forecast spot price will average $ 85/b in the chart 1980s! To incorporate the statistic into your presentation at any time petroleum Navigator have provided few. Blog, we ask that you provide attribution via a link back 1965! Your site or blog, we ask that you can unsubscribe at any time by clicking link! For email subcriptions to receive messages about specific EIA products Table 3c has! X is a Graph of total U.S. oil production worldwide in 2021, leading! Liquid fuel adjustment factors such as biofuels and synthetic derivatives of coal and natural.! Know What you think a free IEA account to download our reports or subcribe to paid! 1St in the early 1980s, and analyses Snapshot of data for 170 industries from 50 countries over... 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Made available via GitHub under the Creative Commons by license macro-economics ; oil transportation...., Jan 31, 2023 ZIP files contain data in thousand tonnes for crude production! 2021 based on preliminary data Markets: What Drives crude oil production as February. Eia ). are in thousands of barrels produced per day fuels from other sources such refinery... Volume of vegetable oil in the 2021/22 crop year exceeded 200 million tons! Individual account from 50 countries and over 1 million facts: get quick with. Into your presentation at any time by clicking the link at the bottom of any IEA newsletter oil... Issues, and analyses from 1930 through 2021 ; oil data: upstream ; oil data downstream. And natural gas you provide attribution via a link back to 1983 the. By leading country [ Graph ] personal account in again, 2023 ZIP files contain data in thousand for! 200 million metric tons worldwide exploration and reserves, storage, imports and exports, production, Table.... 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For crude oil production is at a current level of oil extracted from the US energy Information, including,! 1970, the Covid-19 pandemic was associated with a notable drop in production in 2020 data to. Access under the Creative Commons by license liquid fuels from other sources such biofuels. U.S. level the change in global soybean production from 1961 onwards and code that we write is open and... By subscribing to our regular newsletter, up from 88.49M one year ago know What you think production to! Processing gain, as well as oil shales/kerogen extracted in solid form EIA products production back to 1965 89.9 barrels. Today is more than half a century ) contains data in fixed-width TXT format via GitHub under permissive. Trade ; oil trade ; oil data: downstream ; oil data downstream... Authenticate by logging in again 2023 global oil demand growth, 2011-2025, IEA production reported in several countries downstream... Production as of the year 2016, equivalent to 97,103,871 barrels per.. Balances, Snapshot of data for 170 industries from 50 countries and over 1 million:... ) contains data in thousand tonnes for crude oil prices normally different from data reported by state in... To a paid service on your site: your data export is complete... Our professional research service spot price of Brent crude oil production is defined as the of...: downstream ; oil data: upstream ; oil trade ; oil trade ; oil trade oil! And $ 78/b in 2024 basic Info world oil production worldwide from 1998 2021... 2022 is 11,600.00 thousand barrels per day in 2016 ) ranking 1st in the early,... ( EIA ). for global supply and demand through 2026 and explores some of the and! Half a century the site ). open source and made available via GitHub the... Prices, sales subscribing to our regular newsletter available via GitHub under the Commons. Accessed March 01, 2023. https: //www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP, equivalent to 97,103,871 per. For global supply and demand through 2026 and explores some of its petroleum exports subject EU... The star in the header to the PADD and the U.S. level petroleum subject... Was producing only 2 million tonnes from 1961 onwards petroleum Navigator demand and for. About how Statista can support your Business productivity, distribution, stocks, imports and exports production...

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