Learn more, Annual time series of oil data including oil supply and consumption, trade and oil demand for 153 countries and 25 regions. As a Premium user you get access to the detailed source references and background information about this statistic. 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. 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. As a Premium user you get access to background information and details about the release of this statistic. The ideal entry-level account for individual users. June 28, 2022. You can only download this statistic as a Premium user. Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. Correspondingly, our forecast spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Use Ask Statista Research Service. [Graph], US Department of . Next Release Date: Mar. BP. 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). January 2015 - December 2016 June 28, 2022. 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 . January 2007 - December 2008 Data are in kilotonnes. This is an extract, full report available as PDF download. We assume Russia will be able to reroute some of its petroleum exports subject to EU sanctions. Regional energy information including dashboards, maps, data, and analyses. Basic Info World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. | Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. 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). Please consult our full legal disclaimer. (Adobe PDF file), West Texas Intermediate crude oil price and NYMEX 95% confidence intervals Show Recessions Keep up to date with our latest news and analysis by subscribing to our regular newsletter. 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. Note Apr. [Online]. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Distribution of crude oil production worldwide in 2021, by leading country [Graph]. Our World in Data is free and accessible for everyone. help centre, See if you qualify for a discount. Non-OPEC Petroleum and Other Liquids Production, Table 3c. Stats Thank you for subscribing. Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph]. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Provides custom data views of historical and forecast data ZIP files contain data in fixed-width TXT format. Crude oil production includes crude oil, NGL, feedstocks, additives and other hydrocarbons. 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%). Oil 2021 tackles these questions by analysing oil market data, trends in investment and government policies. To use individual functions (e.g., mark statistics as favourites, set This is a change of 0.39% from last month and 5.06% from one year ago. As soon as this statistic is updated, you will immediately be notified via e-mail. 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 Unsurprisingly, these countries are also some of the world's largest oil. Please do not hesitate to contact me. Excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas. You need at least a Starter Account to use this feature. Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Crude Oil Production. 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). Even since the year 2000, production has more than doubled. Currently, you are using a shared account. January 2017 - December 2018 International energy information, including overviews, rankings, data, and analyses. If you are an admin, please authenticate by logging in again. Forecast Completed: Feb. 2, 2023 | 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. Oil data: downstream. Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. Release Date: Feb. 7, 2023 | Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data. 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 . 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. Exploration and reserves, storage, imports and exports, production, prices, sales. 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 % 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 We expect that the Brent spot price will average $85/b in the first half of 2023 (1H23). USD/bbl, 80.90 317.99 You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Greenhouse gas data, voluntary reporting, electric power plant emissions. Show publisher information statistic alerts) please log in with your personal account. Global production today is more than 13 times higher than it was in the early 1960s. IEA, Global oil demand growth, 2011-2025, IEA, Paris https://www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA. Overview Data sets OECD and selected countries crude supply 1 files You need a Statista Account for unlimited access. This is now 350 million tonnes. 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. | 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. 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. You need a Statista Account for unlimited access. To use individual functions (e.g., mark statistics as favourites, set 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. As soon as this statistic is updated, you will immediately be notified via e-mail. Organisation for Economic Co-operation and Development (OECD), Source: bbl/d, 12.67 Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. Statista. 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. ", 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. This statistic is not included in your account. Press release. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Licence: CC BY 4.0, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. "Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day)." 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. Oil accounts for only a small share of electricity production - most come from coal and gas. to incorporate the statistic into your presentation at any time. World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. (Adobe PDF file) You only have access to basic statistics. Please do not hesitate to contact me. EIA's free and open data available as API, Excel add-in, bulk files, and widgets. Access to this and all other statistics on 80,000 topics from, Show sources information STEO Data browser (Adobe PDF file) January 2009 - December 2010 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. The United States produces 14,837,640 barrels per day of oil (as of 2016) ranking 1st in the world. 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). Table 3.5: World crude oil production by country. Learn more about how Statista can support your business. Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). Short, timely articles with graphics on energy, facts, issues, and trends. Share of top producing countries in extraction of selected minerals and fossil fuels, 2019 % Minerals Oil Natural gas Copper Nickel Cobalt Graphite Rare earths Lithium 0 20 40 60 80 100 Fossil fuels United States Saudi Arabia China Australia Chile Democratic Republic of the Congo Indonesia Philippines Myanmar Mozambique Brazil (June 28, 2022). 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. The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. Maps by energy source and topic, includes forecast maps. We see that global energy consumption has increased nearly every year for more than half a century. The United States produces every year an amount equivalent to 15.4% of its total proven reserves (as of 2016). In 2019, around 64% of our electricity came from fossil fuels. ZIP files contain data in fixed-width TXT format. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Maps, tools, and resources related to energy disruptions and infrastructure. Chart. 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. 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 Lesson plans, science fair experiments, field trips, teacher guide, and career corner. 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. USD/bbl, 20.15 Values shown are in thousands of barrels produced per day. 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. Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. USD/bbl, 82.31 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. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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. History of Global Oil Consumption The level of oil production reached an all-time high in. Figures were restated based on the latest report. This is a change of 1.56% from one year ago. Data are in kilotonnes. Global oil supply: Global liquid fuels production averaged about 100.0 million b/d in 2022, and we forecast it will increase by an average of 1.1 million b/d in 2023 and 1.5 million b/d in 2024. The report provides a comprehensive outlook for global supply and demand through 2026 and explores some of the challenges and uncertainties that lie ahead. Total oil reserves are estimated to be around 1,800 to 2,200 billion barrels, with about 1,700 billion barrels considered proven reserves. 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. MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. 1 Back in the 1960s, we were producing 20 to 30 million tonnes per year. Access to this and all other statistics on 80,000 topics from, Show sources information The share from coal and gas individually can be found . 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