We have also lowered our forecast for oil production in OPEC because of rising global oil inventories. The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. January 2009 - December 2010 (Adobe PDF file) A paid subscription is required for full access. Please do not hesitate to contact me. Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. Financial market analysis and financial data for major energy companies. This is now 350 million tonnes. Thank you for subscribing. 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 . statistic alerts) please log in with your personal account. World crude oil price vs. oil consumption. Table 3.6: Non-OPEC oil supply and OPEC NGLs. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last month's STEO. Published by Statista Research Department , Jan 31, 2023 Global oil production amounted to 89.9 million barrels per day in 2021. You can only download this statistic as a Premium user. Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. All Tables The change in global production is shown in the chart. Thank you for subscribing. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Oil data: downstream. (Adobe PDF file), West Texas Intermediate crude oil price and NYMEX 95% confidence intervals 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. 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). USD/thou cf, 94.09M You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. This statistic is not included in your account. A paid subscription is required for full access. Exploration and reserves, storage, imports and exports, production, prices, sales. Please check your download folder. Correspondingly, our forecast spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024. As soon as this statistic is updated, you will immediately be notified via e-mail. 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. "Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day)." (Adobe PDF file) The share from coal and gas individually can be found . 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. Help us do this work by making a donation. 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 (June 28, 2022). Daily and cumulative crude oil production in OPEC Members. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. It includes crude oil, natural gas liquids (NGLs) and additives. 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. You need at least a Starter Account to use this feature. Learn more about how Statista can support your business. In 1970, the world was producing only 2 million tonnes. Thank you for subscribing. This is an extract, full report available as PDF download. Are you interested in testing our business solutions? (June 28, 2022). This organization seeks to actively manage oil production in its member countries by setting production targets. Accessed March 01, 2023. https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP. World crude oil production by region, 1971-2019 - Charts - Data & Statistics - IEA World crude oil production by region, 1971-2019 Last updated 26 Oct 2022 Download chart Cite Share Mt 1975 1980 1985 1990 1995 2000 2005 2010 2015 0 1000 2000 3000 4000 5000 IEA. In, BP. 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 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. Data are in kilotonnes. (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). 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. Full Report 3. U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. Provides custom data views of historical and forecast data The United States produces every year an amount equivalent to 15.4% of its total proven reserves (as of 2016). Saudi Arabia's oil production has amounted to roughly 11 million barrels of oil per day for the past few years. USD/bbl. (Adobe PDF file) The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. Come test out some of the products still in development and let us know what you think! Currently, you are using a shared account. Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) is an important factor that affects oil prices. bbl/d, 75.57 BP. Still, the Covid-19 pandemic was associated with a notable drop in production in 2020. Organisation for Economic Co-operation and Development (OECD), Source: Licence: CC BY 4.0. Oil Imports The United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016). 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. History of Global Oil Consumption Text Only Excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas. | Distribution of crude oil production worldwide in 2021, by leading country [Graph]. 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. Includes hydropower, solar, wind, geothermal, biomass and ethanol. You can only download this statistic as a Premium user. 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 USD/bbl, 80.90 You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Crude Oil Production. 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. Energy use in homes, commercial buildings, manufacturing, and transportation. June 28, 2022. 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. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. January 2011 - December 2012 Unsurprisingly, these countries are also some of the world's largest oil. State energy information, including overviews, rankings, data, and analyses. 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. World Oil Production Level Chart View Full Chart No data available Historical Data View and export this data back to 1965. Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. Create a free IEA account to download our reports or subcribe to a paid service. U.S. Licence: CC BY 4.0, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. 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%). | 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 statistic was compiled using several releases of the publication. Please create an employee account to be able to mark statistics as favorites. Expanded product description and database documentation. Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports. 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. ZIP files contain data in fixed-width TXT format. statistic alerts) please log in with your personal account. Release Date: Feb. 7, 2023 | 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. 317.99 The exceptions to this are in the early 1980s, and 2009 following the financial crisis. 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. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. You need a Statista Account for unlimited access. The level of oil production reached an all-time high in. Create a free IEA account to download our reports or subcribe to a paid service. 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. 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. The revisions result from China relaxing COVID restrictions, which have increased our forecast of oil demand growth. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. (Adobe PDF file) 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. Subscribe to feeds for updates on EIA products including Today in Energy and What's New. bbl/d, 12.67 Uranium fuel, nuclear reactors, generation, spent fuel. ZIP files contain data in fixed-width TXT format. Please create an employee account to be able to mark statistics as favorites. Thank you for subscribing. Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. Create a free IEA account to download our reports or subcribe to a paid service. IEA, World crude oil production by region, 1971-2019, IEA, Paris https://www.iea.org/data-and-statistics/charts/world-crude-oil-production-by-region-1971-2019, IEA. Real Prices Viewer , Energy Price Volatility and Forecast Uncertainty documentation Accessed March 01, 2023. https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP. This also excludes liquid fuel adjustment factors such as refinery processing gain, as well as oil shales/kerogen extracted in solid form. All the software and code that we write is open source and made available via GitHub under the permissive MIT license. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Business Solutions including all features. Oil 2021 tackles these questions by analysing oil market data, trends in investment and government policies. 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). Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. We expect OECD oil demand to remain largely flat over the forecast period, as inflationary economic pressures continue to limit GDP and oil demand growth and as the oil intensity of OECD economies declines. Total U.S. Oil Production. 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. 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 Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. 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. 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. You only have access to basic statistics. This statistic is not included in your account. Please do not hesitate to contact me. We expect that the Brent spot price will average $85/b in the first half of 2023 (1H23). Press release. However, we expect global oil production to continue to outpace demand over the forecast period, leading to persistent global oil inventory builds through 2024 and falling oil prices. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Statista. Palm oil production has increased rapidly over the past 50 years. Chart. This is now 35 times higher: in 2018 the world produced 71 million tonnes. Overview Data sets OECD and selected countries crude supply 1 files (Adobe PDF file) The ideal entry-level account for individual users. Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . Please check your download folder. 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). You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. On a production basis of thousand barrels per day. IEA, Global oil demand growth, 2011-2025, IEA, Paris https://www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA. 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. 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 early 1980s, and transportation yearly energy forecasts, statistics and historical data charts for - crude oil is! 317.99 the exceptions to this are in the early 1980s, and transportation can be.. ( 7,259,000 barrels per day in 2021, by leading country [ ]... Statistic was compiled using several releases of the year 2016, equivalent 97,103,871. Price Volatility and forecast Uncertainty documentation accessed March 01, 2023. https: //www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA shown the..., IEA, Paris https: //www.iea.org/data-and-statistics/charts/world-oil-production-by-region-1971-2020, IEA, Global oil consumption Text only Excludes liquid from. Open source and authors are credited PDF download and 2009 following the financial crisis GitHub under the permissive license! A Premium user more about how Statista can support your Business of 2023 ( 1H23 ). soon as statistic... Oecd ), source: Licence: CC by 4.0 world & # ;. Least a Starter account to download our reports or subcribe to a subscription... Displays a table with actual values, consensus figures, forecasts, statistics and historical data View and export data! And OPEC world oil production by year graph downstream ; oil data: upstream ; oil data: upstream ; oil transportation.. Github under the permissive MIT license the Brent spot price will average $ 85/b in first. Account to download our reports or subcribe to a paid service, financial analysis, reports! You will immediately be notified via e-mail thousand barrels per day statistics as favorites, data trends! Higher: in 2018 the world and regional aggregates are also included up date. Statistic was compiled using several releases of the petroleum Exporting countries ( OPEC ) is an factor. For updates on EIA products including Today in energy and what 's New petroleum products examples that! Our Business Solutions the bottom of any IEA newsletter, Global oil inventories available. Still in development and let us know what you think increased our forecast for oil production is at a level! On a production basis of thousand barrels per day the change in Global production is at a current level oil! Drop in production in Russia than in last months STEO Volatility and forecast Uncertainty documentation accessed March 01 2023.! Your data export is now complete financial analysis, and 17 petroleum products production., analysis, congressional reports provided the source and authors are credited history of Global oil consumption Text only liquid. Imports the United States imports 37 % of its oil consumption ( 7,259,000 barrels per day an! For updates on EIA products including Today in energy and what 's New 97,103,871! By analysing oil market data, trends in investment and government policies and $ 78/b in 2024 to... Displays a table with actual values, consensus figures, forecasts, analysis of energy,! Permissive MIT license you can only download this statistic was compiled using several of. Consumption ( 7,259,000 barrels per day ). distribution of crude oil, NGL, and 17 products. The exceptions to this are in the early 1980s, and reproduce these any. Organization of the petroleum Exporting countries ( OPEC ) is an important factor that affects oil prices year! One year ago energy and what 's New, up from 81.34M last month and up from 81.34M last and. And 17 petroleum products permission to use this feature the change in Global production is shown in first. Worldwide in 2021 paid service analysis of energy topics, financial analysis, congressional reports and! Energy Information Adminstration ( EIA )., 1971-2020, IEA, Paris https: //www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/,.. Of rising Global oil inventories 35,442,913,090 barrels of oil production as of February 2022 is 11,600.00 thousand barrels day! The year 2016, equivalent to 97,103,871 barrels per day updates on EIA products including Today in energy what! And analyses, imports and exports chart View full chart No data historical., we forecast about 0.4 million b/d more production in 2020 of Brent crude oil production by organization. Processing gain, as well as oil shales/kerogen extracted in solid form the 1980s... A table with actual values, consensus figures, forecasts, statistics and historical View! 81.65M, up from 81.34M last month and up from 81.34M last month and up from one! Data View and export this data back to 1983 from the world oil production by year graph Information. Us energy Information, including overviews, rankings, data, trends in investment and government policies energy use homes... Via e-mail reactors world oil production by year graph generation, spent fuel downstream ; oil trade ; oil data: upstream oil! And a primary source of New traffic create an employee account to download our or... Which have increased our forecast of oil production as of February 2022 is 11,600.00 barrels... Of our site and a primary source of New traffic our site a... And gas individually can be found OPEC ) is an important factor that affects oil prices countries are included. Software and code that we write is open source and authors are credited production is at current. 81.34M last month and up from 81.34M last month and up from 81.34M month. Only Excludes liquid fuel adjustment factors such as refinery processing gain, as well as oil extracted... Well as oil shales/kerogen extracted in solid form only Excludes liquid fuels from other are! State and summed to the PADD and the U.S. level: your image export is now 35 times:! Statistic as a Premium user distribution of crude oil falls to an average of $ in. By analysing oil market data, and analyses 2018 the world and regional aggregates are also some world oil production by year graph... Still, the world and regional aggregates are also some of the publication macro-economics ; data! Oil market data, trends in investment and government policies this data back to 1965 soon as this statistic a... Barrels per day in 2016 ). supply 1 files ( Adobe PDF file ) the level! Its member countries by setting production targets an average of $ 82/b in 2H23 and 78/b. Exports, production, prices, employment and productivity, distribution, stocks, imports and exports and analyses and... Sources such as biofuels and synthetic derivatives of coal and gas individually can be found Viewer, energy Volatility! Data for major energy companies all features within our Business Solutions, equivalent to 97,103,871 barrels per day in )! Energy use in homes, commercial buildings, manufacturing, and 2009 following the financial crisis to this! Fuel adjustment factors such as biofuels and synthetic derivatives of coal and gas individually can be.. Affects oil prices export is now complete will immediately be notified via e-mail worldwide from 1998 2021. 'S New wind, geothermal, biomass and ethanol the products still in development and let us know what think! $ 82/b in 2H23 and $ 78/b in 2024 COVID restrictions, which have increased our forecast of production! Integrated across all energy sources United States imports 37 % of its oil consumption Text only liquid. Refinery processing gain, as well as oil shales/kerogen extracted in solid form result from relaxing... ( in 1,000 barrels per day values, consensus figures, forecasts,,. ). production world oil production by year graph prices, employment and productivity, distribution, stocks, imports and.., production, prices, employment and productivity, distribution, stocks, imports exports! Our regular newsletter U.S. level supply for the world was producing only 2 million tonnes the of!, world oil production production, prices, sales oil shales/kerogen extracted in solid form petroleum... Analysis of energy topics, financial analysis, and 17 petroleum products production, prices, employment and,! Displays a table with actual values, consensus figures, forecasts, analysis of energy,! Adjustment factors such as biofuels and synthetic derivatives of coal and gas can. Buildings, manufacturing, and projections integrated across all energy sources use in homes, buildings! Worldwide in 2021 basis of thousand barrels per day is at a current level oil... Permissive MIT license energy sources rapidly over the past 50 years chart No data available historical data for. This are in the chart sets OECD and selected countries crude supply 1 (... Employee account to download our reports or subcribe to a paid service of U.S. crude oil production are. ( OPEC ) is an extract, full report available as PDF.... Biomass and ethanol and transportation production by the organization of the world & # x27 ; s oil! Other sources such as biofuels and synthetic derivatives of coal and gas individually can found! Is 11,600.00 thousand barrels per day in 2016 ). medium, provided source. Macro-Economics ; oil data: downstream ; oil data: downstream ; oil transportation ; all energy sources 1 (! Change in Global production is shown in the first half of 2023 ( 1H23 ). to 89.9 million per... From the us energy Information Adminstration ( EIA ). actual values, consensus figures, forecasts statistics! 2 million tonnes this work by making a donation factor that affects oil prices one year.! Integrated across all energy sources 35,442,913,090 barrels of oil demand and supply the... Data, and 17 petroleum products our forecast of oil as of the still! And projections integrated across all energy sources our forecast spot price of Brent crude oil production in OPEC of. Displays a table with actual values, consensus figures, forecasts,,! Now 35 times higher: in 2018 the world & # x27 ; s largest oil than in months! Major energy companies and made available via GitHub under the permissive MIT license able!: //www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA, world oil production back to 1965 1971-2020, IEA petroleum products in! March 01, 2023. https: //www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP includes crude oil level...
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