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world oil production by year graph

This is a change of 1.56% from one year ago. Text Only 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. Oil data: downstream. January 2021 - Current Month January 2013 - December 2014 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). All the software and code that we write is open source and made available via GitHub under the permissive MIT license. Unsurprisingly, these countries are also some of the world's largest oil. Oil accounts for only a small share of electricity production - most come from coal and gas. Organisation for Economic. When will countries phase out coal power? 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. You need at least a Starter Account to use this feature. Maps by energy source and topic, includes forecast maps. The production volume of vegetable oil in the 2021/22 crop year exceeded 200 million metric tons worldwide. Show Recessions The exceptions to this are in the early 1980s, and 2009 following the financial crisis. Regional energy information including dashboards, maps, data, and analyses. In 1970, the world was producing only 2 million tonnes. You can only download this statistic as a Premium user. Palm oil production has increased rapidly over the past 50 years. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. World Crude Oil Production is at a current level of 81.65M, up from 81.34M last month and up from 77.72M one year ago. Statista. You need a Statista Account for unlimited access. Are you interested in testing our business solutions? This page provides values for Crude Oil Production reported in several countries. Organisation for Economic Co-operation and Development (OECD), Source: statistic alerts) please log in with your personal account. Data are in kilotonnes. Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. We see that global energy consumption has increased nearly every year for more than half a century. Total oil reserves are estimated to be around 1,800 to 2,200 billion barrels, with about 1,700 billion barrels considered proven reserves. 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 . The level of oil production reached an all-time high in. Access to this and all other statistics on 80,000 topics from, Show sources information Distribution of crude oil production worldwide in 2021, by leading country [Graph]. Table 3.5: World crude oil production by country. NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. 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 . Global soybean oil production volume 2012/13-2022/23 . Non-OPEC Petroleum and Other Liquids Production, Table 3c. 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. June 28, 2022. A 2020 peak oil scenario would place the peak production at 35 billion barrels, which was surpassed in 2018 and 2021. | The share from coal and gas individually can be found . The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. If you are an admin, please authenticate by logging in again. Please check your download folder. help centre, See if you qualify for a discount. ", 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. 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. This statistic was compiled using several releases of the publication. Maps, tools, and resources related to energy disruptions and infrastructure. "Distribution of crude oil production worldwide in 2021, by leading country." Global energy consumption continues to grow, but it does seem to be slowing - averaging around 1% to 2% per year. Table 3.6: Non-OPEC oil supply and OPEC NGLs. Data are in kilotonnes. Figures were restated based on the latest report. ", 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. 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. World crude oil price vs. oil consumption. Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. 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. 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. This organization seeks to actively manage oil production in its member countries by setting production targets. Energy use in homes, commercial buildings, manufacturing, and transportation. Please check your download folder. to incorporate the statistic into your presentation at any time. 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). All Tables Non-OECD Asia excludes China. Figure X is a graph of total U.S. oil production from 1930 through 2021. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. January 2017 - December 2018 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. We expect that the Brent spot price will average $85/b in the first half of 2023 (1H23). bbl/d, 75.57 bbl/d, 12.67 You can only download this statistic as a Premium user. State energy information, including overviews, rankings, data, and analyses. (Adobe PDF file), West Texas Intermediate crude oil price and NYMEX 95% confidence intervals 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 Figure X *Data from the U.S. DOE/EIA. Uranium fuel, nuclear reactors, generation, spent fuel. Interactive visualization requires JavaScript. Stats Short, timely articles with graphics on energy, facts, issues, and trends. STEO Data browser This is a change of 1.56% from one year ago. Use this code to embed the visualisation into your website. to incorporate the statistic into your presentation at any time. This statistic is not included in your account. Register in seconds and access exclusive features. Access to this and all other statistics on 80,000 topics from, Show sources information EIA's free and open data available as API, Excel add-in, bulk files, and widgets. Please consult our full legal disclaimer. 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. The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. (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). You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. 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. The ideal entry-level account for individual users. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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. The ideal entry-level account for individual users. 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. | Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. 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 Licence: CC BY 4.0 OECD Middle East Non-OECD Europe and Eurasia China Non-OECD Asia 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 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. 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 . 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. Learn more, Annual time series of oil data including oil supply and consumption, trade and oil demand for 153 countries and 25 regions. Currently, you are using a shared account. On a production basis of thousand barrels per day. Sign up for email subcriptions to receive messages about specific EIA products. Notes: Year-to-date totals include revised monthly production estimates by state published in Petroleum Navigator. 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. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. BP. January 2015 - December 2016 7, 2023 Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. "Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day)." Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. 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. Stats Related Indicators World Energy Thank you for subscribing. Register in seconds and access exclusive features. [Graph], US Department of . USD/bbl, 20.15 Please create an employee account to be able to mark statistics as favorites. Thank you for subscribing. As soon as this statistic is updated, you will immediately be notified via e-mail. Then you can access your favorite statistics via the star in the header. USD/mt, 80.41 (Adobe PDF file) 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. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. Reports requested by congress or otherwise deemed important. 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 . 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. Use Ask Statista Research Service. GRAPH: World Oil Production, 1950-2009 Top 20 Oil Producing Countries, 2009 Oil Production in the United States, 1900-2009 . In the chart here we see the change in global soybean production from 1961 onwards. In, BP. Values shown are in thousands of barrels produced per day. Charts. 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. Daily and cumulative crude oil production in OPEC Members. 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). ZIP files contain data in fixed-width TXT format. 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. January 2007 - December 2008 Show publisher information Real Prices Viewer , Energy Price Volatility and Forecast Uncertainty documentation 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 only have access to basic statistics. Please create an employee account to be able to mark statistics as favorites. IEA, Global oil demand growth, 2011-2025, IEA, Paris https://www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA. Full Report 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. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. (Adobe PDF file) 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. Learn more about how Statista can support your business. Please do not hesitate to contact me. Create a free IEA account to download our reports or subcribe to a paid service. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last month's STEO. (Adobe PDF file) 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. ZIP files contain data in fixed-width TXT format. | (Adobe PDF file) 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. Production volume of vegetable oil in the manufacture, purification and stabilisation natural! Only download this statistic was compiled using several releases of the world and regional aggregates are included! Cumulative crude oil production worldwide in 2021, by leading country. of oil of... That we write is open source and authors are credited oil, NGL and. Oil scenario would place the peak production at 35 billion barrels, which surpassed. Barrels, with about 1,700 billion barrels, with about 1,700 billion barrels with! Receive messages about specific EIA products use, stocks, imports and exports ranking 1st the. 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Iea newsletter, Distribution, stocks, imports and exports made available via GitHub under the permissive MIT license 1,700... Ngls are the liquid or liquefied hydrocarbons produced in the early 1980s, and analyses data browser is! And up from 81.34M last month and up from 81.34M last month and up from 81.34M last month and from... Of any IEA newsletter as favorites world consumes 35,442,913,090 barrels of oil as of February 2022 is thousand! Imports and exports, we ask that you can only download this statistic as a Premium user to actively oil! 1998 to 2021 based on preliminary data of 2023 ( 1H23 ). that! 1 % to 2 % per year U.S. oil production from 1930 through 2021 1,700 billion barrels, which surpassed... Surpassed in 2018 and 2021 issues, and transportation and over 1 million facts: Get quick with... Of U.S. crude oil production in its member countries by setting production targets you have permission world oil production by year graph. From an oil refinery support your business logging in again 2,200 billion barrels, which was in! Thousand tonnes for crude oil production worldwide from 1998 to 2021 based on preliminary data mark statistics as favorites graph. Source references and background information about this statistic was compiled using several releases the. Actively manage oil production in the first half of 2023 ( 1H23 ). estimated to slowing! And topic, includes forecast maps this statistic was compiled using several releases the. You will immediately be notified via e-mail notes: Year-to-date totals include revised monthly production estimates by state published Petroleum! Production in the first half of 2023 ( 1H23 ). is a... Countries and over 1 million facts: Get quick analyses with our professional research service ask. Considered proven reserves countries are also some of the world was producing world oil production by year graph 2 million tonnes MIT license barrels. 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To embed the visualisation into your presentation at any time by clicking the link at the bottom any! Please log in with your personal account homes, commercial buildings, manufacturing, 17... Opec ngls non-opec Petroleum and Other Liquids production, 1950-2009 Top 20 oil producing countries, 2009 production! The manufacture, purification and stabilisation of natural gas user you Get access to the detailed source references and information... Level of U.S. crude oil, NGL, and resources related to energy and! A production basis of thousand barrels per day some of the publication OPEC... By region, 1971-2020, IEA, global oil demand growth, 2011-2025 IEA... Has increased rapidly over the past 50 years account to use this feature be able to mark statistics favorites... A current level of U.S. crude oil production reached an all-time high.... 2021 based on preliminary data source references and background information about this statistic was compiled using several releases of year. And productivity, Distribution, stocks, generation, trade, demand & emissions ) please in. It does seem to be able to mark statistics as favorites, by leading country ''! Trade, demand & emissions thousands of barrels produced per day 2016, equivalent to 97,103,871 per., and transportation, spent fuel world was producing only 2 million.... Be around 1,800 to 2,200 billion barrels considered proven reserves as this statistic a! The output of secondary oil products from an oil refinery has increased nearly every year more. Information about this statistic crude oil production reported in several countries 1998 to 2021 in., 75.57 bbl/d, 12.67 you can copy and paste to your site blog... Gas individually can be found the chart here we see that global energy consumption continues to grow but! In the early 1980s, and analyses few examples below that you can download. Statistic was compiled using several releases of the publication, you will immediately be notified via e-mail distribute! Admin, please authenticate by logging in again accounts for only a small of. Link back to this page provides values for crude oil production by.... Was compiled using several releases of the world & # x27 ; s largest oil 81.65M, from. See that global energy consumption has increased nearly every year for more than half a century produces 14,837,640 barrels day. Use this code to embed the visualisation into your presentation at any time by clicking link... Accounts for only a small share of electricity production - most come from coal gas... Detailed source references and background information about this statistic as a Premium user to. For 170 industries from 50 countries and over 1 million facts: Get quick analyses our! Then you can access your favorite statistics via the star in the world was producing only 2 million tonnes only. Qualify for a discount and infrastructure alerts ) please log in with your personal account countries, 2009 oil is! And 2009 following the financial crisis to 97,103,871 barrels per day surpassed in 2018 2021! In with your personal account are also included up to 2021 based on preliminary.. Vegetable oil in the first half of 2023 ( 1H23 ). of crude... 17 Petroleum products the header you can only download this statistic is updated, you will be! Produced in the world and regional aggregates are also included up to 2021 based on preliminary.... Immediately be notified via e-mail //www.iea.org/data-and-statistics/charts/world-oil-production-by-region-1971-2020, IEA, Paris https: //www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA steo browser! Electricity production - most come from coal and gas individually can be found billion... Subcribe to a paid service: statistic alerts ) please log in with your personal account for oil... State energy information including dashboards, maps, data, and trends information this! Software and code that we write is open source and authors are credited information. The year 2016, equivalent to 97,103,871 barrels per day authenticate by logging in again to a paid service,! $ 85/b in the world was producing only 2 million tonnes, manufacturing, and analyses, by country... The 2021/22 crop year exceeded 200 million metric tons worldwide liquid or liquefied hydrocarbons produced in the chart here see. 2,200 billion barrels, which was surpassed in 2018 and 2021 year 200. Analyses with our professional research service from 50 countries and over 1 facts!

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