world oil production by year graph

statistic alerts) please log in with your personal account. Licence: CC BY 4.0, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. 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. Non-OPEC Petroleum and Other Liquids Production, Table 3c. 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 Please create an employee account to be able to mark statistics as favorites. 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, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. All the software and code that we write is open source and made available via GitHub under the permissive MIT license. Financial market analysis and financial data for major energy companies. Short, timely articles with graphics on energy, facts, issues, and trends. Then you can access your favorite statistics via the star in the header. 317.99 Table 3.5: World crude oil production by country. to incorporate the statistic into your presentation at any time. 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. The level of oil production reached an all-time high in. The report provides a comprehensive outlook for global supply and demand through 2026 and explores some of the challenges and uncertainties that lie ahead. Unsurprisingly, these countries are also some of the world's largest oil. A paid subscription is required for full access. USD/mt, 80.41 The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. If you are an admin, please authenticate by logging in again. Regional energy information including dashboards, maps, data, and analyses. "Distribution of Crude Oil Production Worldwide in 2021, by Leading Country. 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. USD/thou cf, 94.09M 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. NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. USD/MMBtu, 31.22M Access to this and all other statistics on 80,000 topics from, Show sources information 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. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . Profit from the additional features of your individual account. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. (Adobe PDF file) 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 June 28, 2022. 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. U.S. The production volume of vegetable oil in the 2021/22 crop year exceeded 200 million metric tons worldwide. Includes hydropower, solar, wind, geothermal, biomass and ethanol. When will countries phase out coal power? Overall, oil production grew in the Middle East (+1.6%), leaded by Iran with +17.6% despite sanctions, in North America (+2.5%), including +5.9% in Canada, in CIS (+1.8%), and in Asia (+3.3%). | This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Crude Oil Production. Greenhouse gas data, voluntary reporting, electric power plant emissions. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. To use individual functions (e.g., mark statistics as favourites, set 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 You can only download this statistic as a Premium user. Our World in Data is free and accessible for everyone. Are you interested in testing our business solutions? 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. Palm oil production has increased rapidly over the past 50 years. This statistic was compiled using several releases of the publication. ZIP files contain data in fixed-width TXT format. Correspondingly, our forecast spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024. Forecast Completed: Feb. 2, 2023 | Daily and cumulative crude oil production in OPEC Members. Organisation for Economic. Licence: CC BY 4.0 OECD Middle East Non-OECD Europe and Eurasia China Non-OECD Asia As a Premium user you get access to background information and details about the release of this statistic. Access to this and all other statistics on 80,000 topics from, Show sources information Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. Real Prices Viewer , Energy Price Volatility and Forecast Uncertainty documentation This table includes the average conversion factors from tonnes to barrels, for the 38 OECD countries and 14 European non-OECD countries and for 24 products. This indicator is measured in thousand tonne of oil equivalent (toe).Crude oil is a mineral oil consisting of a mixture of hydrocarbons of natural origin, yellow to black in colour, and of variable density and viscosity. | Table 3.7: World biofuel production. Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. January 2013 - December 2014 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. USD/bbl, 6.74 In 2021, U.S. oil production was down 1.10 mb/d relative to 2019. We assume Russia will be able to reroute some of its petroleum exports subject to EU sanctions. Then you can access your favorite statistics via the star in the header. Learn more about how Statista can support your business. World crude oil price vs. oil consumption. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. 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. Use Ask Statista Research Service. Provides custom data views of historical and forecast data 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. As soon as this statistic is updated, you will immediately be notified via e-mail. ZIP files contain data in fixed-width TXT format. January 2015 - December 2016 Oil data: downstream. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Figure X is a graph of total U.S. oil production from 1930 through 2021. You need a Statista Account for unlimited access. USD/bbl, 20.15 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. In, BP. Register in seconds and access exclusive features. 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. (Adobe PDF file) Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. January 2021 - Current Month 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. 1 Back in the 1960s, we were producing 20 to 30 million tonnes per year. 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 That you can access your favorite statistics via the star in the 2021/22 year... Report provides a comprehensive outlook for global supply and demand through 2026 and explores of. By Leading country with graphics on energy, facts, issues, and projections across... Data: upstream ; oil trade ; oil data: downstream ; oil:... 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