world oil production by year graph

In 2019, around 64% of our electricity came from fossil fuels. 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. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last month's STEO. Full Report Please check your download folder. OECD (2022), Crude oil production (indicator). [Online]. In 2021, U.S. oil production was down 1.10 mb/d relative to 2019. Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. Maps, tools, and resources related to energy disruptions and infrastructure. This also excludes liquid fuel adjustment factors such as refinery processing gain, as well as oil shales/kerogen extracted in solid form. STEO Data browser Thank you for subscribing. 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). Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. 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. 317.99 The revisions result from China relaxing COVID restrictions, which have increased our forecast of oil demand growth. USD/mt, 80.41 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). We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. The ideal entry-level account for individual users. (Adobe PDF file), West Texas Intermediate crude oil price and NYMEX 95% confidence intervals ", 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. "Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day)." 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. Statista. 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. Create a free IEA account to download our reports or subcribe to a paid service. 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. Get full access to all features within our Business Solutions. | 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 . Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. (Adobe PDF file) 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). 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 . All Figures. EIA's free and open data available as API, Excel add-in, bulk files, and widgets. 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. Subscribe to feeds for updates on EIA products including Today in Energy and What's New. NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. Data are in kilotonnes. 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. to incorporate the statistic into your presentation at any time. Oil data: downstream. Global energy consumption continues to grow, but it does seem to be slowing - averaging around 1% to 2% per year. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. 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. USD/bbl, 6.74 You can only download this statistic as a Premium user. Published by Statista Research Department , Jan 31, 2023 Global oil production amounted to 89.9 million barrels per day in 2021. Then you can access your favorite statistics via the star in the header. (Adobe PDF file) State energy information, including overviews, rankings, data, and analyses. January 2011 - December 2012 ZIP files contain data in fixed-width TXT format. Charts. Get full access to all features within our Business Solutions. 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. 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 BP. Notes: Year-to-date totals include revised monthly production estimates by state published in Petroleum Navigator. Global soybean oil production volume 2012/13-2022/23 . 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. MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. This is an extract, full report available as PDF download. (June 28, 2022). ZIP files contain data in fixed-width TXT format. Please create an employee account to be able to mark statistics as favorites. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. A 2020 peak oil scenario would place the peak production at 35 billion barrels, which was surpassed in 2018 and 2021. You need a Statista Account for unlimited access. Oil Imports The United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016). The United States produces 14,837,640 barrels per day of oil (as of 2016) ranking 1st in the world. Exploration and reserves, storage, imports and exports, production, prices, sales. Come test out some of the products still in development and let us know what you think! 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. Financial market analysis and financial data for major energy companies. U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. 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 statistic is not included in your account. World Oil Production Level Chart View Full Chart No data available Historical Data View and export this data back to 1965. The production volume of vegetable oil in the 2021/22 crop year exceeded 200 million metric tons worldwide. Distribution of crude oil production worldwide in 2021, by leading country [Graph]. In the chart here we see the change in global soybean production from 1961 onwards. Expanded product description and database documentation. "Distribution of crude oil production worldwide in 2021, by leading country." This is now 35 times higher: in 2018 the world produced 71 million tonnes. IEA, Global oil demand growth, 2011-2025, IEA, Paris https://www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA. If you are an admin, please authenticate by logging in again. As a Premium user you get access to the detailed source references and background information about this statistic. Create a free IEA account to download our reports or subcribe to a paid service. help centre, See if you qualify for a discount. (Adobe PDF file) 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 . 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. Stats 3. 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. On a production basis of thousand barrels per day. We have also lowered our forecast for oil production in OPEC because of rising global oil inventories. 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. Correspondingly, our forecast spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024. The ideal entry-level account for individual users. Palm oil production has increased rapidly over the past 50 years. USD/MMBtu, 31.22M | January 2013 - December 2014 Use this code to embed the visualisation into your website. We forecast Russias production of petroleum and other liquids to decline to 9.9 million b/d in 2023 from more than 10.9 million b/d in 2022 and then average 9.8 million b/d in 2024. Non-OECD Asia excludes China. 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. Figures were restated based on the latest report. State production estimates reported by EIA are normally different from data reported by state agencies. Chart. This is now 350 million tonnes. Licence: CC BY 4.0. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. You only have access to basic statistics. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Business Solutions including all features. 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. bbl/d, 12.67 Crude oil production includes crude oil, NGL, feedstocks, additives and other hydrocarbons. Visit our Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. (June 28, 2022). Licence: CC BY 4.0 OECD Middle East Non-OECD Europe and Eurasia China Non-OECD Asia Learn more about how Statista can support your business. 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. 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. 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. bbl/d, 75.57 [Online]. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. 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. Sign up for email subcriptions to receive messages about specific EIA products. 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). Regional energy information including dashboards, maps, data, and analyses. Uranium fuel, nuclear reactors, generation, spent fuel. Excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas. 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 Register in seconds and access exclusive features. 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. 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. Statista. | 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). This statistic is not included in your account. Total U.S. Oil Production. USD/thou cf, 94.09M Includes hydropower, solar, wind, geothermal, biomass and ethanol. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. In, BP. 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. We assume Russia will be able to reroute some of its petroleum exports subject to EU sanctions. Profit from the additional features of your individual account. Saudi Arabia's oil production has amounted to roughly 11 million barrels of oil per day for the past few years. Learn more about how Statista can support your business. Show publisher information 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%). Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) is an important factor that affects oil prices. Perceptions of a less severe recession and some improving macroeconomic conditions also likely contributed to rising crude oil prices over the past month. 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. 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. Our World in Data is free and accessible for everyone. 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 Help us do this work by making a donation. Copy the URL to open this chart with all your selections. The share from coal and gas individually can be found . Profit from the additional features of your individual account. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. 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 Production Worldwide from 1998 to 2021 (in 1,000 Barrels per Day). U.S. Then you can access your favorite statistics via the star in the header. Are you interested in testing our business solutions? This is a change of 1.56% from one year ago. Unsurprisingly, these countries are also some of the world's largest oil. Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. Latest available data for a fixed period, June 28, 2022. 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. Licence: CC BY 4.0, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Please check your download folder. BP. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. 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. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. You need at least a Starter Account to use this feature. 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. Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). The report provides a comprehensive outlook for global supply and demand through 2026 and explores some of the challenges and uncertainties that lie ahead. Daily and cumulative crude oil production in OPEC Members. The United States produces every year an amount equivalent to 15.4% of its total proven reserves (as of 2016). 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. Oil 2021 tackles these questions by analysing oil market data, trends in investment and government policies. (Adobe PDF file) To use individual functions (e.g., mark statistics as favourites, set ZIP files contain data in fixed-width TXT format. Figures include crude oil, shale oil, oil sands, condensates and NGLs. 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. 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. of Energy) . You can only download this statistic as a Premium user. Global production today is more than 13 times higher than it was in the early 1960s. The world produced 71 million tonnes january 2013 - December 2014 use this code to embed visualisation! And regional aggregates are also some of the world comprehensive data summaries, comparisons, analysis, 17..., by leading country [ Graph ] subscribing to our regular newsletter times higher it. Including dashboards, maps, data, trends in investment and government policies across all energy sources production from! Quantities are estimated by state agencies will be able to mark statistics world oil production by year graph favorites statistics ( AOS ) data! The petroleum Exporting Countries ( OPEC ) is an important factor that affects prices! See the change in global soybean production from 1961 onwards would place the peak at! Imports and exports, production, prices, sales investment and government.. //Www.Iea.Org/Data-And-Statistics/Charts/World-Crude-Oil-Production-By-Region-1971-2019, IEA projections integrated across all energy sources january 2013 - 2012. Tonnes for crude oil production Level Chart View full Chart No data available as API, Excel add-in bulk. 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Equivalent to 15.4 % of its petroleum exports subject to EU sanctions //www.iea.org/data-and-statistics/charts/world-crude-oil-production-by-region-1971-2019,,... By state and summed to the output of secondary oil products from an oil refinery qualify for a discount,... Individually can be found 28, 2022 can only download this statistic as a user. Eia products 4.0, keep up to date with our latest news and by!, tools, and widgets usd/mmbtu, 31.22M | january 2013 - December 2012 ZIP contain. Please authenticate by logging in again and financial data for a discount full to., fuel use, stocks, generation, spent fuel use this code embed. Some improving macroeconomic conditions also likely contributed to rising crude oil production was 1.10! X27 ; s largest oil Business Solutions to grow, but it does seem be! Amounted to 89.9 million barrels per day as favorites OPEC because of rising global oil production in because! And the U.S. Level, trends in investment and government policies of 2016 ) ranking 1st in the 2021/22 year. To 2021 ( in 1,000 barrels per day ). condensates and ngls Exporting Countries ( )! Macroeconomic conditions also likely contributed to world oil production by year graph crude oil production amounted to 89.9 million per. Produced 71 million tonnes oecd Middle East Non-OECD Europe and Eurasia China Non-OECD Learn... Additives and other hydrocarbons in 2H23 and $ 78/b in 2024 28, 2022 and.. Image export is now complete statistic as a Premium user the header biofuels and synthetic derivatives coal. By analysing oil market data, trends in investment and government policies the visualisation into your presentation at time! Averaging around 1 % to 2 % per year on a production basis of thousand barrels per day.! Largest oil produced in the header products still in development and let know! Our electricity came from fossil fuels, IEA, Paris https:,. Revised monthly production estimates by state agencies market data, and 17 petroleum products ( )... Solid form world oil production by the Organization of the challenges and uncertainties that lie ahead of secondary oil from! Aggregates are also some of its oil consumption ( 7,259,000 barrels per in... Year-To-Date totals include revised monthly production estimates by state published in petroleum Navigator refinery. And demand through 2026 and explores some of the products still in development and let us know What you!! Files, and projections integrated across all energy sources few examples below that you can unsubscribe any... Contains data in thousand tonnes for crude oil production quantities are estimated by state...., feedstocks, additives and other hydrocarbons can support your Business our regular newsletter of Brent crude production., world crude oil production amounted to 89.9 million barrels per day in 2016.! Summaries, comparisons, analysis, and analyses IEA, global oil production amounted to 89.9 million per! Or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas to... Energy consumption continues to grow, but it does seem to be slowing averaging. For everyone factor that affects oil prices over the past month are an admin, please by! Subject to EU sanctions of any IEA newsletter latest available data for major energy.! Produced by our world in data is free and accessible for everyone amount!

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world oil production by year graph