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. Learn more about how Statista can support your business. | (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). bbl/d, 12.67 You need a Statista Account for unlimited access. (June 28, 2022). 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. Still, the Covid-19 pandemic was associated with a notable drop in production in 2020. 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. Real Prices Viewer , Energy Price Volatility and Forecast Uncertainty documentation Copy the URL to open this chart with all your selections. 317.99 NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. In, BP. U.S. This organization seeks to actively manage oil production in its member countries by setting production targets. 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. As a Premium user you get access to background information and details about the release of this statistic. This statistic is not included in your account. 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. 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. OECD (2022), Crude oil production (indicator). Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. Energy & Financial Markets: What Drives Crude Oil Prices? As a Premium user you get access to background information and details about the release of this statistic. Table 3.5: World crude oil production by country. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last month's STEO. Values shown are in thousands of barrels produced per day. Data are in kilotonnes. (Adobe PDF file) International energy information, including overviews, rankings, data, and analyses. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Uranium fuel, nuclear reactors, generation, spent fuel. Access to this and all other statistics on 80,000 topics from, Show sources information [Graph], US Department of . 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 World Oil Production Level Chart View Full Chart No data available Historical Data View and export this data back to 1965. 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. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. ZIP files contain data in fixed-width TXT format. MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. Use Ask Statista Research Service. Table 3.7: World biofuel production. 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. Forecast Completed: Feb. 2, 2023 | This statistic was compiled using several releases of the publication. Please create an employee account to be able to mark statistics as favorites. It includes crude oil, natural gas liquids (NGLs) and additives. Energy use in homes, commercial buildings, manufacturing, and transportation. BP. Maps by energy source and topic, includes forecast maps. USD/bbl. Accessed March 01, 2023. https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP. 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 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. Oil accounts for only a small share of electricity production - most come from coal and gas. 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%). Non-OECD Asia excludes China. Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. In 2021, U.S. oil production was down 1.10 mb/d relative to 2019. Show Recessions Lesson plans, science fair experiments, field trips, teacher guide, and career corner. | January 2009 - December 2010 This is a change of 1.56% from one year ago. 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). Chart. January 2013 - December 2014 Register in seconds and access exclusive features. Statista. Provides custom data views of historical and forecast data 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. 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. 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. Notes: Year-to-date totals include revised monthly production estimates by state published in Petroleum Navigator. Compared with shorter-term data, the full-year figures are less prone to distortion from periodic maintenance shutdowns and other seasonal cycles. You need at least a Starter Account to use this feature. ", 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 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. When will countries phase out coal power? Press release. USD/thou cf, 94.09M Excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas. 1 Back in the 1960s, we were producing 20 to 30 million tonnes per year. The United States produces 14,837,640 barrels per day of oil (as of 2016) ranking 1st in the world. Please check your download folder. The exceptions to this are in the early 1980s, and 2009 following the financial crisis. 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. Forms EIA uses to collect energy data including descriptions, links to survey instructions, and additional information. Extended world energy balances, Snapshot of data for a fixed period (data will not change even if updated on the site). (Adobe PDF file) Includes hydropower, solar, wind, geothermal, biomass and ethanol. The change in global production is shown in the chart. 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 January 2015 - December 2016 Please consult our full legal disclaimer. This also excludes liquid fuel adjustment factors such as refinery processing gain, as well as oil shales/kerogen extracted in solid form. Create a free IEA account to download our reports or subcribe to a paid service. In 1970, the world was producing only 2 million tonnes. Create a free IEA account to download our reports or subcribe to a paid service. Reports requested by congress or otherwise deemed important. EIA's free and open data available as API, Excel add-in, bulk files, and widgets. USD/MMBtu, 31.22M Sign up for email subcriptions to receive messages about specific EIA products. Perceptions of a less severe recession and some improving macroeconomic conditions also likely contributed to rising crude oil prices over the past month. Stats A 2020 peak oil scenario would place the peak production at 35 billion barrels, which was surpassed in 2018 and 2021. Values shown are in thousands of barrels produced per day. 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. You need at least a Starter Account to use this feature. 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). Greenhouse gas data, voluntary reporting, electric power plant emissions. Upgrade now. January 2017 - December 2018 Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Thank you for subscribing. (Adobe PDF file) Global soybean oil production volume 2012/13-2022/23 . The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. 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 . You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. You can only download this statistic as a Premium user. Licence: CC BY 4.0, The data from this chart is not available for download, 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. 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. ZIP files contain data in fixed-width TXT format. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Published by Statista Research Department , Jan 31, 2023 Global oil production amounted to 89.9 million barrels per day in 2021. 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. Use Ask Statista Research Service. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Organisation for Economic. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Visit our 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. BP. Even since the year 2000, production has more than doubled. ZIP files contain data in fixed-width TXT format. Saudi Arabia's oil production has amounted to roughly 11 million barrels of oil per day for the past few years. 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. Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. Learn more, Annual time series of oil data including oil supply and consumption, trade and oil demand for 153 countries and 25 regions. 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. You need a Statista Account for unlimited access. Are you interested in testing our business solutions? 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. [Online]. Currently, you are using a shared account. (Adobe PDF file) 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. Data are in kilotonnes. 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. Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Latest available data for a fixed period, Global production today is more than 13 times higher than it was in the early 1960s. Thank you for subscribing. 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 Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). We see that global energy consumption has increased nearly every year for more than half a century. On a production basis of thousand barrels per day. This is now 35 times higher: in 2018 the world produced 71 million tonnes. This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. Interactive visualization requires JavaScript. January 2019 - December 2020 STEO Data browser USD/bbl, 80.90 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. Our World in Data is free and accessible for everyone. In the chart here we see the change in global soybean production from 1961 onwards. ZIP files contain data in fixed-width TXT format. 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 . 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%). 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). Text Only Daily and cumulative crude oil production in OPEC Members. 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. State production estimates reported by EIA are normally different from data reported by state agencies. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Crude Oil Production. As a Premium user you get access to the detailed source references and background information about this statistic. Oil data: downstream. Full Report Figure X *Data from the U.S. DOE/EIA. 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. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. All Figures. (June 28, 2022). Note Apr. This is an extract, full report available as PDF download. Correspondingly, our forecast spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. Please create an employee account to be able to mark statistics as favorites. Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data. You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. To use individual functions (e.g., mark statistics as favourites, set Oil prices rose during January in part because of the expectation of increasing oil demand as a result of relaxing COVID-19 restrictions and increasing mobility in China. Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. Basic Info World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. | 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. 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