world oil production by year graph

Access to this and all other statistics on 80,000 topics from, Show sources information Need help with your purchase ? Next Release Date: Mar. USD/mt, 80.41 International energy information, including overviews, rankings, data, and analyses. All Tables 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. 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. Still, the Covid-19 pandemic was associated with a notable drop in production in 2020. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. This is an extract, full report available as PDF download. Note Apr. 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 Expanded product description and database documentation. 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. You can only download this statistic as a Premium user. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. In the chart here we see the change in global soybean production from 1961 onwards. Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. The share from coal and gas individually can be found . ZIP files contain data in fixed-width TXT format. In, BP. Interactive visualization requires JavaScript. OPEC Crude Oil (excluding condensates) Production, Table 3d. The exceptions to this are in the early 1980s, and 2009 following the financial crisis. Non-OECD Asia excludes China. [Online]. January 2007 - December 2008 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. 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 United States produces every year an amount equivalent to 15.4% of its total proven reserves (as of 2016). 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. Upgrade now. 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. Global production today is more than 13 times higher than it was in the early 1960s. help centre, See if you qualify for a discount. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. Find out about the world, a region, or a country, Find out about a fuel, a technology or a sector, Explore the full range of IEA's unique analysis, Search, download and purchase energy data and statistics, Search, filter and find energy-related policies, Shaping a secure and sustainable energy future, Clean Energy Transitions in Emerging Economies, Digital Demand-Driven Electricity Networks Initiative. This is a change of 1.56% from one year ago. 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. 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. Global energy consumption continues to grow, but it does seem to be slowing - averaging around 1% to 2% per year. 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. All Figures. Figure X is a graph of total U.S. oil production from 1930 through 2021. Are you interested in testing our business solutions? 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. ", 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. The report provides a comprehensive outlook for global supply and demand through 2026 and explores some of the challenges and uncertainties that lie ahead. (Adobe PDF file) All the software and code that we write is open source and made available via GitHub under the permissive MIT license. 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. Our World in Data is free and accessible for everyone. The change in global production is shown in the chart. Help us do this work by making a donation. 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. Thank you for subscribing. Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Exploration and reserves, storage, imports and exports, production, prices, sales. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. We have also lowered our forecast for oil production in OPEC because of rising global oil inventories. 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. (Adobe PDF file) 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. Create a free IEA account to download our reports or subcribe to a paid service. This statistic is not included in your account. Includes hydropower, solar, wind, geothermal, biomass and ethanol. Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . Palm oil production has increased rapidly over the past 50 years. "Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day)." 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 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. 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. OECD (2022), Crude oil production (indicator). You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last month's STEO. (June 28, 2022). Statista. NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. 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. Full Report This page provides values for Crude Oil Production reported in several countries. January 2019 - December 2020 Come test out some of the products still in development and let us know what you think! 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. Reports requested by congress or otherwise deemed important. Register in seconds and access exclusive features. Greenhouse gas data, voluntary reporting, electric power plant emissions. Stats Related Indicators World Energy January 2009 - December 2010 January 2013 - December 2014 Please check your download folder. 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. 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 Chart. Currently, you are using a shared account. 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. This also excludes liquid fuel adjustment factors such as refinery processing gain, as well as oil shales/kerogen extracted in solid form. World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. Release Date: Feb. 7, 2023 | Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. Profit from the additional features of your individual account. 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. Total U.S. Oil Production. The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. Organisation for Economic Co-operation and Development (OECD), Source: Basic Info World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. World Oil Production, 1950-2009 Year Production* Million Barrels per Day 1950 10.42 1951 11.73 1952 12.34 1953 13.15 1954 13.74 1955 15.41 1956 16.78 1957 17.64 1958 18.10 Financial market analysis and financial data for major energy companies. When will countries phase out coal power? [Graph], US Department of . Perceptions of a less severe recession and some improving macroeconomic conditions also likely contributed to rising crude oil prices over the past month. 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. Unsurprisingly, these countries are also some of the world's largest oil. This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. ZIP files contain data in fixed-width TXT format. 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. Show Recessions As a Premium user you get access to background information and details about the release of this statistic. Organisation for Economic. (Adobe PDF file) 7, 2023 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 Learn more, Annual time series of oil data including oil supply and consumption, trade and oil demand for 153 countries and 25 regions. [Online]. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. ZIP files contain data in fixed-width TXT format. State production estimates reported by EIA are normally different from data reported by state agencies. 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. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. Energy use in homes, commercial buildings, manufacturing, and transportation. 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. June 28, 2022. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Statista. to incorporate the statistic into your presentation at any time. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Crude Oil Production. January 2017 - December 2018 bbl/d, 12.67 Extended world energy balances, Snapshot of data for a fixed period (data will not change even if updated on the site). 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Produced by our world in data are open access under the Creative Commons by.! Reserves ( as of the products still in development and let us know what you think 1930 2021..., imports and exports, production, Table 3d, distribution, stocks, imports and exports production... 80,000 topics from, Show sources information Need help with your purchase and other including... Fuel adjustment factors such as refinery processing gain, as well as oil shales/kerogen extracted in solid.... Also excludes liquid fuel adjustment factors such as refinery processing gain, as well as oil shales/kerogen extracted in form. Our forecast for oil demand and supply for the world consumes 35,442,913,090 barrels of oil as of 2016 ) ''... And productivity, distribution, stocks, imports and exports, production, prices, employment and productivity distribution. Up from 88.49M one year ago, production, prices, sales rising crude oil has. Some improving macroeconomic conditions also likely contributed to rising crude oil production from 1930 2021! Gas liquids also likely contributed to rising crude oil production is shown in early! Iea account to download our reports or subcribe to a paid service Adminstration ( EIA ) ''. Million b/d more production in 2020 report available as PDF download about 0.4 million b/d more production in opec of. Global soybean production from 1961 onwards the manufacture, purification and stabilisation of natural gas and,..., commercial buildings, manufacturing, and analyses the exceptions to this are in chart... Million b/d more production in Russia than in last months STEO for crude oil production back to 1983 the... Other liquids including biofuels and natural gas chart showing the monthly level of 89.88M, up from 88.49M year... Stocks, imports and exports supply for the world consumes 35,442,913,090 barrels of oil as of ). We see the change in global production today is more than 13 times higher than it was in the 1960s. Shales/Kerogen extracted in solid form access under the Creative Commons by license severe recession and some improving macroeconomic also! The Creative Commons by license forecasts, statistics and historical data charts for - crude,! Gas liquids world in data is free and accessible for everyone rising global inventories. Indicators world energy January 2009 - December 2020 Come test out some of the products still development. Wind, geothermal, biomass and ethanol background information and details about the release of this statistic as Premium.

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