world oil production by year graph
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. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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. Please consult our full legal disclaimer. 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. Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . Please do not hesitate to contact me. Energy-Related Carbon Dioxide Emissions, Energy-Related Carbon Dioxide Emissions at the State Level, through 2018, Monthly Crude Oil and Natural Gas Production, Annual Solar Photovoltaic Module Shipments Report, Midwest and Rocky Mountain Transportation Fuels Markets, East Coast and Gulf Coast Transportation Fuels Markets, Table 3b. ZIP files contain data in fixed-width TXT format. 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. "Distribution of Crude Oil Production Worldwide in 2021, by Leading Country. 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. Table 3.7: World biofuel production. 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. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. A paid subscription is required for full access. Saudi Arabia's oil production has amounted to roughly 11 million barrels of oil per day for the past few years. Distribution of crude oil production worldwide in 2021, by leading country [Graph]. The table has current values for Crude Oil Production, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to . 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. This statistic is not included in your account. State production estimates reported by EIA are normally different from data reported by state agencies. 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. 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. NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. U.S. Get full access to all features within our Business Solutions. This is a change of 0.39% from last month and 5.06% from one year ago. The exceptions to this are in the early 1980s, and 2009 following the financial crisis. 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. Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph]. All the software and code that we write is open source and made available via GitHub under the permissive MIT license. Show Recessions 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. help centre, See if you qualify for a discount. Press release. Energy & Financial Markets: What Drives Crude Oil Prices? The change in global production is shown in the chart. Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. Business Solutions including all features. Figures were restated based on the latest report. 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. Visit our Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. This is now 35 times higher: in 2018 the world produced 71 million tonnes. Accessed March 01, 2023. https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP. Table 3.6: Non-OPEC oil supply and OPEC NGLs. 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. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Crude Oil Production. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Please check your download folder. Text Only 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%). Expanded product description and database documentation. We expect that the Brent spot price will average $85/b in the first half of 2023 (1H23). January 2015 - December 2016 Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Full Report All Tables Thank you for subscribing. 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). 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. Interactive visualization requires JavaScript. Then you can access your favorite statistics via the star in the header. 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. ZIP files contain data in fixed-width TXT format. 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 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. Uranium fuel, nuclear reactors, generation, spent fuel. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last month's STEO. Data are in kilotonnes. Use Ask Statista Research Service. ZIP files contain data in fixed-width TXT format. Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. (June 28, 2022). As a Premium user you get access to the detailed source references and background information about this statistic. 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. Create a free IEA account to download our reports or subcribe to a paid service. Note Apr. Global soybean oil production volume 2012/13-2022/23 . (Adobe PDF file) ", 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. "Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day)." Register in seconds and access exclusive features. Our World in Data is free and accessible for everyone. Oil data: downstream. Get full access to all features within our Business Solutions. January 2009 - December 2010 | 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. Oil accounts for only a small share of electricity production - most come from coal and gas. Forms EIA uses to collect energy data including descriptions, links to survey instructions, and additional information. Unsurprisingly, these countries are also some of the world's largest oil. Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports. 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). The United States produces 14,837,640 barrels per day of oil (as of 2016) ranking 1st in the world. The report provides a comprehensive outlook for global supply and demand through 2026 and explores some of the challenges and uncertainties that lie ahead. 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. Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. This is a change of 1.56% from one year ago. 3. Greenhouse gas data, voluntary reporting, electric power plant emissions. January 2013 - December 2014 You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. Non-OECD Asia excludes China. January 2011 - December 2012 Licence: CC BY 4.0 OECD Middle East Non-OECD Europe and Eurasia China Non-OECD Asia Organisation for Economic Co-operation and Development (OECD), Source: 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 Are you interested in testing our business solutions? Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. 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. Licence: CC BY 4.0, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Sign up for email subcriptions to receive messages about specific EIA products. Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. Reports requested by congress or otherwise deemed important. 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. 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. OPEC Crude Oil (excluding condensates) Production, Table 3d. Help us do this work by making a donation. Currently, you are using a shared account. 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. 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. 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. A 2020 peak oil scenario would place the peak production at 35 billion barrels, which was surpassed in 2018 and 2021. As soon as this statistic is updated, you will immediately be notified via e-mail. 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. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. 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