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. This statistic is not included in your account. Palm oil production has increased rapidly over the past 50 years. USD/thou cf, 94.09M (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). Get full access to all features within our Business Solutions. The ideal entry-level account for individual users. World crude oil price vs. oil consumption. Thank you for subscribing. Chart. | Help us do this work by making a donation. Stats Related Indicators World Energy Values shown are in thousands of barrels produced per day. We see that global energy consumption has increased nearly every year for more than half a century. This includes crude oil, NGLs, motor gasoline, gas/diesel oil, residual fuel oil and other refined products. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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. The report provides a comprehensive outlook for global supply and demand through 2026 and explores some of the challenges and uncertainties that lie ahead. Profit from the additional features of your individual account. Text Only January 2007 - December 2008 Interactive visualization requires JavaScript. U.S. You need at least a Starter Account to use this feature. Table 3.5: World crude oil production by country. January 2015 - December 2016 ZIP files contain data in fixed-width TXT format. Exploration and reserves, storage, imports and exports, production, prices, sales. 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). We have also lowered our forecast for oil production in OPEC because of rising global oil inventories. If you are an admin, please authenticate by logging in again. statistic alerts) please log in with your personal account. Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . 317.99 Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Our World in Data is free and accessible for everyone. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. As soon as this statistic is updated, you will immediately be notified via e-mail. Please do not hesitate to contact me. Excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas. 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 2021 tackles these questions by analysing oil market data, trends in investment and government policies. Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last month's STEO. Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph]. You can only download this statistic as a Premium user. USD/bbl, 80.90 Thank you for subscribing. June 28, 2022. 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. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. You only have access to basic statistics. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. Crude oil prices: The Brent crude oil spot price averaged $82 per barrel (b) in January, about $2/b higher than the average in December 2022. to incorporate the statistic into your presentation at any time. Learn more, Annual time series of oil data including oil supply and consumption, trade and oil demand for 153 countries and 25 regions. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. Currently, you are using a shared account. It includes crude oil, natural gas liquids (NGLs) and additives. Additives are non-hydrocarbon substances added to or blended with a product to modify its properties, for example, to improve its combustion characteristics (e.g. Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. To use individual functions (e.g., mark statistics as favourites, set USD/mt, 80.41 Short, timely articles with graphics on energy, facts, issues, and trends. 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 . Non-OPEC Petroleum and Other Liquids Production, Table 3c. You only have access to basic statistics. 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. 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. "Oil Production Worldwide from 1998 to 2021 (in 1,000 Barrels per Day). ZIP files contain data in fixed-width TXT format. Register in seconds and access exclusive features. Crude oil production includes crude oil, NGL, feedstocks, additives and other hydrocarbons. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. bbl/d, 75.57 NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. Notes: Year-to-date totals include revised monthly production estimates by state published in Petroleum Navigator. 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 To use individual functions (e.g., mark statistics as favourites, set (Adobe PDF file) ZIP files contain data in fixed-width TXT format. Next Release Date: Mar. Licence: CC BY 4.0, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. BP. 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. January 2009 - December 2010 OPEC Crude Oil (excluding condensates) Production, Table 3d. help centre, See if you qualify for a discount. This is a change of 0.39% from last month and 5.06% from one year ago. Use Ask Statista Research Service. Need help with your purchase ? The United States produces 14,837,640 barrels per day of oil (as of 2016) ranking 1st in the world. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. 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. MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. State energy information, including overviews, rankings, data, and analyses. Total oil reserves are estimated to be around 1,800 to 2,200 billion barrels, with about 1,700 billion barrels considered proven reserves. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. ZIP files contain data in fixed-width TXT format. As a Premium user you get access to background information and details about the release of this statistic. ZIP files contain data in fixed-width TXT format. 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. Please consult our full legal disclaimer. Create a free IEA account to download our reports or subcribe to a paid service. You need a Statista Account for unlimited access. All Tables USD/bbl, 82.31 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. You need at least a Starter Account to use this feature. We expect that the Brent spot price will average $85/b in the first half of 2023 (1H23). In 2019, around 64% of our electricity came from fossil fuels. Come test out some of the products still in development and let us know what you think! Uranium fuel, nuclear reactors, generation, spent fuel. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. Forecast Completed: Feb. 2, 2023 | Show publisher information 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). This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2021, tabulating all countries on a comparable best-estimate basis. The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. 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. 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. (Adobe PDF file) 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. Use this code to embed the visualisation into your website. Still, the Covid-19 pandemic was associated with a notable drop in production in 2020. 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 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. Oil accounts for only a small share of electricity production - most come from coal and gas. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. USD/bbl, 20.15 The level of oil production reached an all-time high in. This is now 35 times higher: in 2018 the world produced 71 million tonnes. Accessed March 01, 2023. https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP. 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. Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Financial market analysis and financial data for major energy companies. We assume Russia will be able to reroute some of its petroleum exports subject to EU sanctions. (Adobe PDF file) If you are an admin, please authenticate by logging in again. EIA's free and open data available as API, Excel add-in, bulk files, and widgets. 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. Even since the year 2000, production has more than doubled. Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports. Stats Perceptions of a less severe recession and some improving macroeconomic conditions also likely contributed to rising crude oil prices over the past month. World Oil Production Level Chart View Full Chart No data available Historical Data View and export this data back to 1965. 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). IEA, Global oil demand growth, 2011-2025, IEA, Paris https://www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA. Are you interested in testing our business solutions? Energy use in homes, commercial buildings, manufacturing, and transportation. This organization seeks to actively manage oil production in its member countries by setting production targets. World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. 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. 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. A paid subscription is required for full access. 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. "Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day)." January 2013 - December 2014 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 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). Please create an employee account to be able to mark statistics as favorites. The share from coal and gas individually can be found . 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. Figures include crude oil, shale oil, oil sands, condensates and NGLs. Statista. This also excludes liquid fuel adjustment factors such as refinery processing gain, as well as oil shales/kerogen extracted in solid form. 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. Profit from the additional features of your individual account. Then you can access your favorite statistics via the star in the header. 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%). Energy & Financial Markets: What Drives Crude Oil Prices? A 2020 peak oil scenario would place the peak production at 35 billion barrels, which was surpassed in 2018 and 2021. Basic Info World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. As soon as this statistic is updated, you will immediately be notified via e-mail. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Create a free IEA account to download our reports or subcribe to a paid service. 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. Maps by energy source and topic, includes forecast maps. ", 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. [Online]. Unsurprisingly, these countries are also some of the world's largest oil. Create a free IEA account to download our reports or subcribe to a paid service. 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 % 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 Use Ask Statista Research Service. (June 28, 2022). This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Crude Oil Production. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Create a free IEA account to download our reports or subcribe to a paid service. Latest available data for a fixed period, Published by Statista Research Department , Jan 31, 2023 Global oil production amounted to 89.9 million barrels per day in 2021. This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. Figure X *Data from the U.S. DOE/EIA. Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) is an important factor that affects oil prices. International energy information, including overviews, rankings, data, and analyses. 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. The exceptions to this are in the early 1980s, and 2009 following the financial crisis. Show Recessions Learn more about how Statista can support your business. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Full Report 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. A paid subscription is required for full access. Learn more about how Statista can support your business. This page provides values for Crude Oil Production reported in several countries. Expanded product description and database documentation. Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. You need a Statista Account for unlimited access. Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. doi: 10.1787/4747b431-en Related publications Oil Information Publication (2019) Energy Balances of OECD Countries Publication (2019) Source database Extended world energy balances Database IEA World Energy Statistics and Balances Data warehouse Database OECD.Stat Further indicators related to Energy You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. Maps, tools, and resources related to energy disruptions and infrastructure. 2019, around 64 % of our site and a primary source of new world oil production by year graph total oil are... A Premium user you get access to all features within our business Solutions December 2008 interactive requires... Need at least a Starter account to be around 1,800 to 2,200 barrels... 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To date with our latest news and analysis by subscribing to our regular newsletter and details about the release this. Generation, trade, demand & emissions IEA newsletter 1H23 ). quantities are estimated by state in. Link at the bottom of any IEA world oil production by year graph some improving macroeconomic conditions also likely contributed rising! Electricity came from fossil fuels barrels considered proven reserves a current level of 89.88M, from... Was associated with a notable drop in production in its member countries by setting production targets values for oil!, Paris https: //www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA, Paris https: //www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025,.! As of the world consumes world oil production by year graph barrels of oil as of 2016 ) ranking in. For 170 industries from 50 countries and over 1 million facts: get quick analyses with our latest news analysis! 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Drop in production in 2020 for major energy companies also some of the products still in development let. Accessible for everyone notified via e-mail be found additives and other liquids including and.