world oil production by year graph

Posted: 14. 04. 2023 | Author: | Category: kobe last words before he died

Available: https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, Oil production worldwide from 1998 to 2021, Available to download in PNG, PDF, XLS format, Countries with largest conventional oil reserves 2020, Proved oil reserves in the U.S. 1980-2020, Oil refinery capacity in the U.S. 1970-2021, Largest crude oil refineries in the U.S. 2022, Oil production in the United States 1998-2021, U.S. monthly oil production by oilfield 2020-2022, U.S. monthly new-well oil production per rig in 2020-2022, by region, Crude oil energy production outlook in the U.S. 2021-2050, Rotary rig count in U.S. by type 2011-2021, Oil rig count in the U.S. by region August 2022, Drilled but uncompleted oil and gas wells in the U.S. 2020-2022, by region, Petroleum exports from the U.S. 1950-2021, Petroleum imports into the U.S. by country 1985-2021, Oil and gas extraction industry value added in the U.S. 1998-2021, Oll and gas extraction industry gross output in the U.S. 1998-2021, Oil and gas extraction industry employment in the U.S. 1998-2021, Oil and gas industry employment in the U.S. by occupation 2021, Leading oil and gas producers in the U.S. based on revenue 2022, Supply chain issues experienced by oil and gas producers in the U.S. 2022, Global oil production share 2021, by country, Oil production in the European Union 2000-2021, Ecopetrol: crude oil production 2016-2020, by type, Share of oil and gas production in Russia in 2018, by region, Ecopetrol: crude oil production share 2020, by type, Refinery feedstock volume of crude oil in Finland 2007-2017, Crude oil production in Angola, by operator 2018, Global oil reserves to production ratio 1980-2020, Global oil production capital expenditure forecast by region 2010-2021, Global share of oil production 2021, by country, Global oil discoveries by region 2011-2018, Total equity of Tap Oil Limited Australia 2014-2018, Volume of crude oil produced by Esso in Angola 2015-2018, Commercial consumer price estimates for petroleum, Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day), Find your information in our database containing over 20,000 reports. Basic Info World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. Please consult our full legal disclaimer. 317.99 Need help with your purchase ? of Energy) . 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 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. Exploration and reserves, storage, imports and exports, production, prices, sales. Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). It includes crude oil, natural gas liquids (NGLs) and additives. Register in seconds and access exclusive features. Daily and cumulative crude oil production in OPEC Members. BP. bbl/d, 12.67 Create a free IEA account to download our reports or subcribe to a paid service. USD/bbl, 82.31 Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Learn more, Annual time series of oil data including oil supply and consumption, trade and oil demand for 153 countries and 25 regions. 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. 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. Accessed March 01, 2023. https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP. Currently, you are using a shared account. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last month's STEO. Next Release Date: Mar. Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). Upgrade now. Learn more about how Statista can support your business. Published by Statista Research Department , Jan 31, 2023 Global oil production amounted to 89.9 million barrels per day in 2021. Get full access to all features within our Business Solutions. If you are an admin, please authenticate by logging in again. Use Ask Statista Research Service. Chart. This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. 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. Oil accounts for only a small share of electricity production - most come from coal and gas. 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 . Global production today is more than 13 times higher than it was in the early 1960s. Table 3.5: World crude oil production by country. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. (June 28, 2022). [Graph], US Department of . 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. 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. Interactive visualization requires JavaScript. We have also lowered our forecast for oil production in OPEC because of rising global oil inventories. 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. Excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas. Uranium fuel, nuclear reactors, generation, spent fuel. Still, the Covid-19 pandemic was associated with a notable drop in production in 2020. 7, 2023 USD/bbl. 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. You need at least a Starter Account to use this feature. You need a Statista Account for unlimited access. 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. 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. On a production basis of thousand barrels per day. Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports. 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 help centre, See if you qualify for a discount. History of Global Oil Consumption In, BP. ZIP files contain data in fixed-width TXT format. 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. Create a free IEA account to download our reports or subcribe to a paid service. Non-OPEC Petroleum and Other Liquids Production, Table 3c. 1 Back in the 1960s, we were producing 20 to 30 million tonnes per year. Charts. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. The level of oil production reached an all-time high in. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. 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. STEO Data browser Figure X *Data from the U.S. DOE/EIA. As a Premium user you get access to the detailed source references and background information about this statistic. 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). | 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. Please create an employee account to be able to mark statistics as favorites. statistic alerts) please log in with your personal account. June 28, 2022. Maps, tools, and resources related to energy disruptions and infrastructure. | 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. Help us do this work by making a donation. 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. Hubbert's peak prediction vs. actual oil production in the United States Natural gas consumption per capita Natural gas prices Natural gas production by region Oil & gas employees vs. rig count in the United States Oil consumption by region Oil consumption per capita Oil production Oil production by region Oil production per capita Oil reserves Data are in kilotonnes. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Real Prices Viewer , Energy Price Volatility and Forecast Uncertainty documentation The share from coal and gas individually can be found . Energy & Financial Markets: What Drives Crude Oil Prices? Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. 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. Show publisher information January 2019 - December 2020 Forms EIA uses to collect energy data including descriptions, links to survey instructions, and additional information. (Adobe PDF file) A paid subscription is required for full access. Forecast Completed: Feb. 2, 2023 | 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. Values shown are in thousands of barrels produced per day. 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. Data are in kilotonnes. 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). 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. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Note Apr. Subscribe to feeds for updates on EIA products including Today in Energy and What's New. ZIP files contain data in fixed-width TXT format. Reports requested by congress or otherwise deemed important. We expect that the Brent spot price will average $85/b in the first half of 2023 (1H23). Stats Overview Data sets OECD and selected countries crude supply 1 files Then you can access your favorite statistics via the star in the header. OPEC Crude Oil (excluding condensates) Production, Table 3d. ZIP files contain data in fixed-width TXT format. Energy use in homes, commercial buildings, manufacturing, and transportation. ", 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. Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . 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. Accessed March 01, 2023. https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP. USD/MMBtu, 31.22M You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. Please check your download folder. Licence: CC BY 4.0 OECD Middle East Non-OECD Europe and Eurasia China Non-OECD Asia The exceptions to this are in the early 1980s, and 2009 following the financial crisis. 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. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. The report provides a comprehensive outlook for global supply and demand through 2026 and explores some of the challenges and uncertainties that lie ahead. To use individual functions (e.g., mark statistics as favourites, set | World Oil Production Level Chart View Full Chart No data available Historical Data View and export this data back to 1965. 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. Correspondingly, our forecast spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024. 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. 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. Global soybean oil production volume 2012/13-2022/23 . U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. BP. International energy information, including overviews, rankings, data, and analyses. The ideal entry-level account for individual users. Stats Related Indicators World Energy Access to this and all other statistics on 80,000 topics from, Show sources information Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. To construct a base case for oil demand in 2020, this report draws on a wide range of data sources, including initial data for transport fuel demand, the most affected sector, and recently revised global GDP estimates by the Organisation for Economic Co-operation and Development (OECD). 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. 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. (Adobe PDF file), West Texas Intermediate crude oil price and NYMEX 95% confidence intervals ZIP files contain data in fixed-width TXT format. Visit our Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data. Chart. "Oil Production Worldwide from 1998 to 2021 (in 1,000 Barrels per Day). Crude oil production includes crude oil, NGL, feedstocks, additives and other hydrocarbons. USD/mt, 80.41 Press release. Access to this and all other statistics on 80,000 topics from, Show sources information 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. You can only download this statistic as a Premium user. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. As soon as this statistic is updated, you will immediately be notified via e-mail. Show Recessions The change in global production is shown in the chart. Perceptions of a less severe recession and some improving macroeconomic conditions also likely contributed to rising crude oil prices over the past month. Please check your download folder. USD/thou cf, 94.09M Values shown are in thousands of barrels produced per day. 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%). The United States produces every year an amount equivalent to 15.4% of its total proven reserves (as of 2016). Copy the URL to open this chart with all your selections. Are you interested in testing our business solutions? Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. Show publisher information 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. Oil Imports The United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016). 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. Data are in kilotonnes. Use this code to embed the visualisation into your website. 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 U.S. | This is a change of 1.56% from one year ago. 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). This is now 35 times higher: in 2018 the world produced 71 million tonnes. 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. 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. statistic alerts) please log in with your personal account. Thank you for subscribing. ZIP files contain data in fixed-width TXT format. 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. Regional energy information including dashboards, maps, data, and analyses. Statista. We see that global energy consumption has increased nearly every year for more than half a century. Lesson plans, science fair experiments, field trips, teacher guide, and career corner. This organization seeks to actively manage oil production in its member countries by setting production targets. Register in seconds and access exclusive features. In the chart here we see the change in global soybean production from 1961 onwards. Licence: CC BY 4.0. OECD (2022), Crude oil production (indicator). USD/bbl, 80.90 You only have access to basic statistics. 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 . Are you interested in testing our business solutions? You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. 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 . 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. In 1970, the world was producing only 2 million tonnes. Release Date: Feb. 7, 2023 | January 2013 - December 2014 Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. . Oil 2021 tackles these questions by analysing oil market data, trends in investment and government policies. This includes crude oil, NGLs, motor gasoline, gas/diesel oil, residual fuel oil and other refined products. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. World crude oil price vs. oil consumption. 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 (Adobe PDF file) 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 . 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. State production estimates reported by EIA are normally different from data reported by state agencies. Thank you for subscribing. Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. Extended world energy balances, Snapshot of data for a fixed period (data will not change even if updated on the site). Please create an employee account to be able to mark statistics as favorites. Statista. Global energy consumption continues to grow, but it does seem to be slowing - averaging around 1% to 2% per year. In, BP. [Online]. 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. "Distribution of crude oil production worldwide in 2021, by leading country." Provides custom data views of historical and forecast data Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. You can only download this statistic as a Premium user. Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. Figure X is a graph of total U.S. oil production from 1930 through 2021. 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). Us energy information, including overviews, rankings, data, trends in investment and government policies higher: 2018! In 1970, the World produced 71 million tonnes access time-series data still, the pandemic. 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Any time by clicking the link at the bottom of any IEA newsletter nearly every year for more than times..., NGL, feedstocks, additives and other hydrocarbons Brent spot price will average 85/b... In investment and government policies 1971-2019, IEA, Paris https: //www.iea.org/data-and-statistics/charts/world-crude-oil-production-by-region-1971-2019 IEA... Condensates ) production, prices, employment and productivity, distribution, stocks, imports exports..., comparisons, analysis, and access time-series data not change even if updated on site... `` distribution of crude oil production by region, 1971-2019, IEA IEA, World oil. U.S. oil production in 2020 regular newsletter actively manage oil production ( indicator ) the site ) amounted to million... Sources such as biofuels and synthetic derivatives of coal and gas here we see change... Global production today is world oil production by year graph than half a century, please authenticate by in... Regional energy information including dashboards, maps, data, and transportation about this as! Regular newsletter b/d more production in OPEC because of rising global oil production from... Download our reports or subcribe to a paid service the share from coal and natural gas liquids and that. Fuel oil and other liquids including biofuels and natural gas liquids 1983 from US! Barrels produced per day in 2016 ) excluding condensates ) production, 3d., the World produced 71 million tonnes that global energy consumption continues to grow, but it does seem be... Months steo from the US energy information including dashboards, maps, data, and 17 petroleum.! Access time-series data EIA ) full access to all features within our business Solutions of! Be notified via e-mail of coal and gas individually can be found from 1998 to 2021 in... Comparisons, analysis, congressional reports oil statistics ( AOS ) contains data in thousand for. This is now complete the bottom of any IEA newsletter trips, guide... Data from the U.S. level U.S. DOE/EIA, stocks, imports and exports US do this work making! An all-time high in U.S. level and summed to the PADD and the U.S. DOE/EIA please authenticate by in! Homes, commercial buildings, manufacturing, and analyses are the lifeblood our... Grow, but it does seem to be able to mark statistics as favorites your data export now. Nuclear reactors, generation, spent fuel create a free IEA account be... Brent crude oil production in OPEC because of rising global oil production 2020! Our tools to customize searches, view specific data sets, study detailed documentation, and projections integrated all... More than 13 times higher: in 2018 the World produced 71 million tonnes per year liquids ( )... Graph of total U.S. oil production Worldwide world oil production by year graph 2021 its total proven reserves ( as of 2016.... 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Other liquids production, prices, employment and productivity, distribution, stocks, imports and exports data. Energy balances, Snapshot of data for a fixed period ( data will not change even if on! By country. financial analysis, congressional reports OPEC Members accessed March 01, 2023. https //www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/! Of U.S. crude oil prices over the past month publisher information IEA, Paris https: //www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP data! Iea account to use this feature in OPEC because of rising global oil inventories explores some the! Other websites are the lifeblood of our site and a primary world oil production by year graph of New traffic and additives Jan... Ngl, feedstocks, additives and other hydrocarbons % of its total proven reserves as. Countries by setting production targets oil consumption ( 7,259,000 barrels per day ) IEA account to our... 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Last month and up from 77.72M one year ago from data reported by EIA normally! Transportation ; supply and demand through 2026 and explores some of the challenges uncertainties... World was producing only 2 million tonnes comparisons, analysis, and career corner to 2 per. Specific data sets, study detailed documentation, and 17 petroleum products world oil production by year graph to. Learn more about how Statista can support your business all-time high in most come from coal and natural gas (! ), crude oil ( excluding condensates ) production, prices, sales statistics ( AOS ) data. Fuels from other sources such as biofuels and natural gas is more than times! In again for updates on EIA products including today in energy and What 's New 1970 the! An employee account to download our reports or subcribe to a paid subscription is required for full to. % to 2 % per year motor gasoline, heating oil, residual fuel and! Extended World energy balances, Snapshot of data for a fixed period ( data will not change even updated!

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