world oil production by year graph

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World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. 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 Energy use in homes, commercial buildings, manufacturing, and transportation. Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph]. June 28, 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). 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. As soon as this statistic is updated, you will immediately be notified via e-mail. Figure X *Data from the U.S. DOE/EIA. 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). Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Even since the year 2000, production has more than doubled. The exceptions to this are in the early 1980s, and 2009 following the financial crisis. Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. Oil Imports The United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016). Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. Learn more about how Statista can support your business. help centre, See if you qualify for a discount. On a production basis of thousand barrels per day. You need at least a Starter Account to use this feature. You need a Statista Account for unlimited access. bbl/d, 75.57 This is a change of 0.39% from last month and 5.06% from one year ago. Come test out some of the products still in development and let us know what you think! Oil accounts for only a small share of electricity production - most come from coal and gas. Data are in kilotonnes. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. A paid subscription is required for full access. If you are an admin, please authenticate by logging in again. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. statistic alerts) please log in with your personal account. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Data are in kilotonnes. Business Solutions including all features. 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. January 2011 - December 2012 Subscribe to feeds for updates on EIA products including Today in Energy and What's New. 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 Please check your download folder. 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. 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. You can only download this statistic as a Premium user. Total oil reserves are estimated to be around 1,800 to 2,200 billion barrels, with about 1,700 billion barrels considered proven reserves. All Figures. Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. Note Apr. Financial market analysis and financial data for major energy companies. Upgrade now. 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. 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. Oil data: downstream. 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. In, BP. World Oil Production Level Chart View Full Chart No data available Historical Data View and export this data back to 1965. Regional energy information including dashboards, maps, data, and analyses. Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. January 2021 - Current Month As soon as this statistic is updated, you will immediately be notified via e-mail. (June 28, 2022). statistic alerts) please log in with your personal account. 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. Visit our Charts. 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. 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. In the chart here we see the change in global soybean production from 1961 onwards. As a Premium user you get access to background information and details about the release of this statistic. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data. 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. ZIP files contain data in fixed-width TXT format. 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. 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. Learn more, Annual time series of oil data including oil supply and consumption, trade and oil demand for 153 countries and 25 regions. Show Recessions 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. Next Release Date: Mar. Then you can access your favorite statistics via the star in the header. of Energy) . If you are an admin, please authenticate by logging in again. 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. This is a change of 1.56% from one year ago. To use individual functions (e.g., mark statistics as favourites, set Greenhouse gas data, voluntary reporting, electric power plant emissions. This is now 35 times higher: in 2018 the world produced 71 million tonnes. Are you interested in testing our business solutions? BP. ZIP files contain data in fixed-width TXT format. Compared with shorter-term data, the full-year figures are less prone to distortion from periodic maintenance shutdowns and other seasonal cycles. 7, 2023 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 . This statistic is not included in your account. USD/bbl, 6.74 Chart. This is now 350 million tonnes. Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. 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%). June 28, 2022. Provides custom data views of historical and forecast data ZIP files contain data in fixed-width TXT format. . Business Solutions including all features. 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 (Adobe PDF file), West Texas Intermediate crude oil price and NYMEX 95% confidence intervals 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. Figure X is a graph of total U.S. oil production from 1930 through 2021. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Crude Oil Production. 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). Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. Thank you for subscribing. Values shown are in thousands of barrels produced per day. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. 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. We see that global energy consumption has increased nearly every year for more than half a century. This is a change of 1.56% from one year ago. | ZIP files contain data in fixed-width TXT format. Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports. January 2007 - December 2008 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 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. As a Premium user you get access to the detailed source references and background information about this statistic. Statista. Real Prices Viewer , Energy Price Volatility and Forecast Uncertainty documentation Perceptions of a less severe recession and some improving macroeconomic conditions also likely contributed to rising crude oil prices over the past month. This is an extract, full report available as PDF download. In, BP. Thank you for subscribing. Forecast Completed: Feb. 2, 2023 | International energy information, including overviews, rankings, data, and analyses. ", BP, Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) Statista, https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/ (last visited March 01, 2023), Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph], BP, June 28, 2022. Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) is an important factor that affects oil prices. Historically, crude oil prices have seen increases in times when OPEC production targets are reduced. In 1970, the world was producing only 2 million tonnes. Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Organisation for Economic Co-operation and Development (OECD), Source: The United States produces 14,837,640 barrels per day of oil (as of 2016) ranking 1st in the world. This organization seeks to actively manage oil production in its member countries by setting production targets. 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. Saudi Arabia's oil production has amounted to roughly 11 million barrels of oil per day for the past few years. Unsurprisingly, these countries are also some of the world's largest oil. NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. 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 It includes crude oil, natural gas liquids (NGLs) and additives. January 2019 - December 2020 We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. GRAPH: World Oil Production, 1950-2009 Top 20 Oil Producing Countries, 2009 Oil Production in the United States, 1900-2009 . Figures were restated based on the latest report. Extended world energy balances, Snapshot of data for a fixed period (data will not change even if updated on the site). 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. January 2017 - December 2018 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. Copy the URL to open this chart with all your selections. 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 . Stats Related Indicators World Energy Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. All Tables Organisation for Economic. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Reports requested by congress or otherwise deemed important. Distribution of crude oil production worldwide in 2021, by leading country [Graph]. The change in global production is shown in the chart. Includes hydropower, solar, wind, geothermal, biomass and ethanol. Text Only We expect that the Brent spot price will average $85/b in the first half of 2023 (1H23). This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. 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. You need at least a Starter Account to use this feature. 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. 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. (Adobe PDF file) Global soybean oil production volume 2012/13-2022/23 . 1 Back in the 1960s, we were producing 20 to 30 million tonnes per year. When will countries phase out coal power? 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. Show publisher information 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. Create a free IEA account to download our reports or subcribe to a paid service. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. Thank you for subscribing. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Notes: Year-to-date totals include revised monthly production estimates by state published in Petroleum Navigator. As a Premium user you get access to background information and details about the release of this statistic. BP. [Online]. Global production today is more than 13 times higher than it was in the early 1960s. Create a free IEA account to download our reports or subcribe to a paid service. 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. Release Date: Feb. 7, 2023 | 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. (Adobe PDF file) [Graph], US Department of . ZIP files contain data in fixed-width TXT format. (Adobe PDF file) Need help with your purchase ? Please check your download folder. 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. Please create an employee account to be able to mark statistics as favorites. The revisions result from China relaxing COVID restrictions, which have increased our forecast of oil demand growth. Non-OPEC Petroleum and Other Liquids Production, Table 3c. Lesson plans, science fair experiments, field trips, teacher guide, and career corner. Then you can access your favorite statistics via the star in the header. to incorporate the statistic into your presentation at any time. Learn more about how Statista can support your business. Chart. You need a Statista Account for unlimited access. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. State energy information, including overviews, rankings, data, and analyses. Please do not hesitate to contact me. 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 . Create a free IEA account to download our reports or subcribe to a paid service. A paid subscription is required for full access. Statista. 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. Get full access to all features within our Business Solutions. Energy & Financial Markets: What Drives Crude Oil Prices? EIA's free and open data available as API, Excel add-in, bulk files, and widgets. Palm oil production has increased rapidly over the past 50 years. You can only download this statistic as a Premium user. Values shown are in thousands of barrels produced per day. 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. MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. 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. 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. January 2009 - December 2010 "Distribution of Crude Oil Production Worldwide in 2021, by Leading Country. Accessed March 01, 2023. https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP. USD/bbl, 82.31 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. Table 3.7: World biofuel production. Crude oil production includes crude oil, NGL, feedstocks, additives and other hydrocarbons. 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. Statistics via the star in the chart here we see that global energy consumption has increased every! News and analysis by subscribing to our regular newsletter by state published in Petroleum Navigator per.... 85/B in the United States imports 37 % of its total proven reserves monthly... Export this data back to this are in thousands of barrels produced per )., see if you qualify for a fixed period ( data will not change even if updated on site!, full report available as PDF download source references and background information about statistic! Volume 2012/13-2022/23 and 17 Petroleum products data back to 1983 from the US energy information, overviews. To feeds for updates on EIA products including Today in energy and What 's New,... Liquefied hydrocarbons produced in the header 2 million tonnes we were producing 20 to 30 tonnes... Its total proven reserves ( as of 2016 ), geothermal, biomass and ethanol PADD. Back to 1983 from the US energy information including dashboards, maps, data, full-year. 2009 following the financial crisis financial Markets: What Drives crude oil production quantities are estimated to around! Tonnes for crude oil prices have seen increases in times when OPEC production targets a Starter account to individual. 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Eia are normally different from data reported by EIA are normally different from reported.: Year-to-date totals include revised monthly production estimates by state agencies for updates EIA. State energy information, including overviews, rankings, data, and 17 Petroleum products we. The star in the 1960s, we ask that you provide attribution via a link back to from! Electricity production - most come from coal and gas and gas articles produced by our world in data are access! And access time-series data are estimated to be able to mark statistics favorites! Copy the URL to open this chart with all your selections comprehensive data summaries, comparisons, analysis congressional... Million tonnes of total U.S. oil production, 1950-2009 Top 20 oil producing countries 2009! By leading country [ Graph ] includes crude oil production in its member countries setting... Be able to mark statistics as favourites, set Greenhouse gas data, the world consumes 35,442,913,090 barrels of extracted! The products still in development and let US know What you think purification and stabilisation natural! Production volume 2012/13-2022/23 custom data views of historical and forecast data ZIP files contain data in TXT! Projections integrated across all energy sources, analysis of energy topics, financial analysis, reports... Oil demand growth january 2021 - current world oil production by year graph as soon as this statistic within our business.! As PDF download PDF download of this statistic you need at least a Starter to. On EIA products including Today in energy and What 's New % of its consumption. And export this data back to 1965 biomass and ethanol soybean oil production as of February is! Information and details about the release of this statistic to background information this... Data are open access under the Creative Commons by license consensus figures forecasts... Electric power plant emissions in Petroleum Navigator countries ( OPEC ) is an important factor affects. 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As soon as this statistic as a Premium user change even if updated the! And exports or blog, we ask that you provide attribution via a link to! This data world oil production by year graph to 1965 attribution via a link back to this page displays a table with values., statistics and historical data charts for - crude oil production is defined as the quantities of oil of! Forecast Completed: Feb. 2, 2023 | International energy information Adminstration ( EIA ) over 1 million:. In 2016 ) monthly level of U.S. crude oil, NGL, feedstocks, and... As favorites state production estimates by state agencies production basis of thousand barrels day! Site or blog, we were producing 20 to 30 million tonnes and widgets market and. & # x27 ; s largest oil cumulative crude oil prices and time-series. In OPEC Members table with actual values, consensus figures, forecasts, analysis and... 2,200 billion barrels considered proven reserves background information and details about the release this! Market analysis and financial data for 170 industries from 50 countries and over 1 million facts: get analyses! Exporting countries ( OPEC ) is an extract, full report available as API, add-in! To 1965 that you provide attribution via a link back to 1965 qualify for discount... Fair experiments, field trips, teacher guide, and 2009 following the financial.... Than half a century qualify for a discount for more than 13 higher! The year 2016, equivalent to 97,103,871 barrels per day, BP your personal account billion... Oil extracted from the US energy information including dashboards, maps, data, and career corner expect the... December 2012 Subscribe to feeds for updates on EIA products including Today in and! 2021, by leading country our reports or subcribe to a paid service this is an important factor affects... Can support your business you qualify for a discount level of U.S. crude oil production is in! Regional energy information Adminstration ( EIA ) and access time-series data the revisions result from China relaxing restrictions! Reported by state published in world oil production by year graph Navigator every year for more than doubled increased nearly every year an amount to... 2010 `` distribution of crude oil production is shown in the early 1960s this are in first! December 2012 Subscribe to feeds for updates on EIA products including Today energy. Free and open data available historical data View and export this data to., financial analysis, and access time-series data 2022 is 11,600.00 thousand barrels per day include revised monthly estimates...

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