world oil production by year graph

In, BP. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. 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. 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. Press release. "Distribution of crude oil production worldwide in 2021, by leading country." 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. Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. 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). This is now 35 times higher: in 2018 the world produced 71 million tonnes. 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 . Currently, you are using a shared account. In, BP. GRAPH: World Oil Production, 1950-2009 Top 20 Oil Producing Countries, 2009 Oil Production in the United States, 1900-2009 . The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. Thank you for subscribing. Business Solutions including all features. Currently, you are using a shared account. Help us do this work by making a donation. Figure X is a graph of total U.S. oil production from 1930 through 2021. 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. 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). Overview Data sets OECD and selected countries crude supply 1 files | 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 January 2011 - December 2012 January 2021 - Current Month Keep up to date with our latest news and analysis by subscribing to our regular newsletter. ", 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. statistic alerts) please log in with your personal account. The level of oil production reached an all-time high in. Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data. Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . | If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. State production estimates reported by EIA are normally different from data reported by state agencies. This also excludes liquid fuel adjustment factors such as refinery processing gain, as well as oil shales/kerogen extracted in solid form. Register in seconds and access exclusive features. Interactive visualization requires JavaScript. To use individual functions (e.g., mark statistics as favourites, set 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. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last month's STEO. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. BP. You only have access to basic statistics. Still, the Covid-19 pandemic was associated with a notable drop in production in 2020. 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. help centre, See if you qualify for a discount. World crude oil price vs. oil consumption. U.S. All Tables Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. 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 In 1970, the world was producing only 2 million tonnes. 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). Energy & Financial Markets: What Drives Crude Oil Prices? 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. Exploration and reserves, storage, imports and exports, production, prices, sales. The United States produces 14,837,640 barrels per day of oil (as of 2016) ranking 1st in the world. Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). A paid subscription is required for full access. January 2015 - December 2016 As soon as this statistic is updated, you will immediately be notified via e-mail. 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. On a production basis of thousand barrels per day. Organisation for Economic Co-operation and Development (OECD), Source: Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Create a free IEA account to download our reports or subcribe to a paid service. June 28, 2022. Get full access to all features within our Business Solutions. Stats 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. Total U.S. Oil Production. 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. 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. You need at least a Starter Account to use this feature. 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. Business Solutions including all features. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Come test out some of the products still in development and let us know what you think! Please do not hesitate to contact me. USD/mt, 80.41 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. (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). Greenhouse gas data, voluntary reporting, electric power plant emissions. 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. Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports. Statista. You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. You need a Statista Account for unlimited access. 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 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. Data are in kilotonnes. Show publisher information OECD (2022), Crude oil production (indicator). Uranium fuel, nuclear reactors, generation, spent fuel. . 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. We have also lowered our forecast for oil production in OPEC because of rising global oil inventories. "Oil Production Worldwide from 1998 to 2021 (in 1,000 Barrels per Day). You can only download this statistic as a Premium user. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. As a Premium user you get access to background information and details about the release of this statistic. 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%). (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 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. 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. Lesson plans, science fair experiments, field trips, teacher guide, and career corner. Learn more about how Statista can support your business. 317.99 Create a free IEA account to download our reports or subcribe to a paid service. 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. [Graph], US Department of . 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. If you are an admin, please authenticate by logging in again. Access to this and all other statistics on 80,000 topics from, Show sources information The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. We expect that the Brent spot price will average $85/b in the first half of 2023 (1H23). A paid subscription is required for full access. 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. 1 Back in the 1960s, we were producing 20 to 30 million tonnes per year. Note Apr. The share from coal and gas individually can be found . The ideal entry-level account for individual users. January 2013 - December 2014 Global energy consumption continues to grow, but it does seem to be slowing - averaging around 1% to 2% per year. You need at least a Starter Account to use this feature. Maps, tools, and resources related to energy disruptions and infrastructure. Maps by energy source and topic, includes forecast maps. (June 28, 2022). of Energy) . 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. The report provides a comprehensive outlook for global supply and demand through 2026 and explores some of the challenges and uncertainties that lie ahead. Correspondingly, our forecast spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024. (June 28, 2022). Data are in kilotonnes. 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%). Use this code to embed the visualisation into your website. Daily and cumulative crude oil production in OPEC Members. 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. Basic Info World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. 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. Use Ask Statista Research Service. bbl/d, 12.67 Please check your download folder. Includes hydropower, solar, wind, geothermal, biomass and ethanol. Chart. You need a Statista Account for unlimited access. Global production today is more than 13 times higher than it was in the early 1960s. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. All Figures. We see that global energy consumption has increased nearly every year for more than half a century. Published by Statista Research Department , Jan 31, 2023 Global oil production amounted to 89.9 million barrels per day in 2021. 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. ZIP files contain data in fixed-width TXT format. | A 2020 peak oil scenario would place the peak production at 35 billion barrels, which was surpassed in 2018 and 2021. 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. If you are an admin, please authenticate by logging in again. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Then you can access your favorite statistics via the star in the header. As a Premium user you get access to the detailed source references and background information about this statistic. As a Premium user you get access to background information and details about the release of this statistic. Saudi Arabia's oil production has amounted to roughly 11 million barrels of oil per day for the past few years. Oil data: downstream. Provides custom data views of historical and forecast data Table 3.7: World biofuel production. Forms EIA uses to collect energy data including descriptions, links to survey instructions, and additional information. OPEC Crude Oil (excluding condensates) Production, Table 3d. Learn more about how Statista can support your business. Create a free IEA account to download our reports or subcribe to a paid service. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. 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). 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. 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. Non-OECD Asia excludes China. Profit from the additional features of your individual account. Figures include crude oil, shale oil, oil sands, condensates and NGLs. | Distribution of crude oil production worldwide in 2021, by leading country [Graph]. Available: https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, Distribution of crude oil production worldwide in 2021, by leading country, 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, U.S. oil & gas producers' breakeven prices by oilfield 2022, 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, Production cost breakdown of one barrel of oil in the top oil producing nations 2015, Global share of oil production 2021, by country, Oil production in the European Union 2000-2021, Share of oil and gas production in Russia in 2018, by region, Oil production percent change by country 2013, Ecopetrol: crude oil production share 2020, by type, Ecopetrol: crude oil production 2016-2020, by type, Refinery feedstock volume of crude oil in Finland 2007-2017, Production of oil in the GCC by member states 2019, Liquid hydrocarbons production by Rosneft 2016-2020, Crude oil production in Angola, by operator 2018, Oil production in the Asia Pacific region 1998-2021, Proved crude oil reserves in the U.S. 1990-2020, Share of spending on capital and expenditure oil sector GCC 2020, by company, ExxonMobil: crude oil production in Guyana 2021-2026, Coronavirus (COVID-19): impact on the energy industry, Find your information in our database containing over 20,000 reports. Release Date: Feb. 7, 2023 | USD/bbl, 80.90 Learn more, Annual time series of oil data including oil supply and consumption, trade and oil demand for 153 countries and 25 regions. (Adobe PDF file) Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph]. History of Global Oil Consumption Accessed March 01, 2023. https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP. Unsurprisingly, these countries are also some of the world's largest oil. Next Release Date: Mar. This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. 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. The United States produces every year an amount equivalent to 15.4% of its total proven reserves (as of 2016). IEA, Global oil demand growth, 2011-2025, IEA, Paris https://www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA. When will countries phase out coal power? MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. Notes: Year-to-date totals include revised monthly production estimates by state published in Petroleum Navigator. Financial market analysis and financial data for major energy companies. USD/bbl, 6.74 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. Show publisher information Our World in Data is free and accessible for everyone. We assume Russia will be able to reroute some of its petroleum exports subject to EU sanctions. Create a free IEA account to download our reports or subcribe to a paid service. World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. This organization seeks to actively manage oil production in its member countries by setting production targets. This is now 350 million tonnes. Non-OPEC Petroleum and Other Liquids Production, Table 3c. Get full access to all features within our Business Solutions. Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) is an important factor that affects oil prices. 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. Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. Subscribe to feeds for updates on EIA products including Today in Energy and What's New. USD/thou cf, 94.09M Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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. All the software and code that we write is open source and made available via GitHub under the permissive MIT license. EIA's free and open data available as API, Excel add-in, bulk files, and widgets. Thank you for subscribing. 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. Oil Imports The United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016). Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) Global oil refinery capacity 1970-2021 Global oil refinery capacity 1970-2021 Refinery capacity for crude oil. 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. Please create an employee account to be able to mark statistics as favorites. 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. Extended world energy balances, Snapshot of data for a fixed period (data will not change even if updated on the site). 7, 2023 (Adobe PDF file), West Texas Intermediate crude oil price and NYMEX 95% confidence intervals 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. As a Premium user you get access to the detailed source references and background information about this statistic. 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. 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. 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. [Online]. The revisions result from China relaxing COVID restrictions, which have increased our forecast of oil demand growth. The change in global production is shown in the chart. 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

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world oil production by year graph