world oil production by year graph

Thank you for subscribing. We see that global energy consumption has increased nearly every year for more than half a century. Table 3.7: World biofuel production. Copy the URL to open this chart with all your selections. You need a Statista Account for unlimited access. 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%). STEO Data browser Please do not hesitate to contact me. 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 report provides a comprehensive outlook for global supply and demand through 2026 and explores some of the challenges and uncertainties that lie ahead. Please do not hesitate to contact me. Values shown are in thousands of barrels produced per day. 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. Total oil reserves are estimated to be around 1,800 to 2,200 billion barrels, with about 1,700 billion barrels considered proven 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. 7, 2023 USD/thou cf, 94.09M ZIP files contain data in fixed-width TXT format. Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. Profit from the additional features of your individual account. As a Premium user you get access to background information and details about the release of this statistic. U.S. 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. Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph]. January 2019 - December 2020 January 2007 - December 2008 The United States produces every year an amount equivalent to 15.4% of its total proven reserves (as of 2016). Non-OPEC Petroleum and Other Liquids Production, Table 3c. Data are in kilotonnes. Figure X *Data from the U.S. DOE/EIA. ", 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. Please consult our full legal disclaimer. (Adobe PDF file) Licence: CC BY 4.0, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Daily and cumulative crude oil production in OPEC Members. As a Premium user you get access to the detailed source references and background information about this statistic. 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. State energy information, including overviews, rankings, data, and analyses. 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. 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 The United States produces 14,837,640 barrels per day of oil (as of 2016) ranking 1st in the world. It includes crude oil, natural gas liquids (NGLs) and additives. We have also lowered our forecast for oil production in OPEC because of rising global oil inventories. History of Global Oil Consumption 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. Extended world energy balances, Snapshot of data for a fixed period (data will not change even if updated on the site). If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. | Basic Info World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. 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. Business Solutions including all features. Overview Data sets OECD and selected countries crude supply 1 files 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 . Accessed March 01, 2023. https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP. This is an extract, full report available as PDF download. January 2011 - December 2012 (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). 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. In 2021, U.S. oil production was down 1.10 mb/d relative to 2019. World Oil Production Level Chart View Full Chart No data available Historical Data View and export this data back to 1965. Create a free IEA account to download our reports or subcribe to a paid service. To use individual functions (e.g., mark statistics as favourites, set If you are an admin, please authenticate by logging in again. Need help with your purchase ? Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. The ideal entry-level account for individual users. 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. ", 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. To use individual functions (e.g., mark statistics as favourites, set Accessed March 01, 2023. https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP. As soon as this statistic is updated, you will immediately be notified via e-mail. (Adobe PDF file) Text Only USD/bbl. 3. Then you can access your favorite statistics via the star in the header. [Graph], US Department of . Data are in kilotonnes. A paid subscription is required for full access. Regional energy information including dashboards, maps, data, and analyses. Next Release Date: Mar. 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 . Show publisher information This statistic is not included in your account. Lesson plans, science fair experiments, field trips, teacher guide, and career corner. Statista. Latest available data for a fixed period, Palm oil production has increased rapidly over the past 50 years. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Notes: Year-to-date totals include revised monthly production estimates by state published in Petroleum Navigator. You need a Statista Account for unlimited access. You need at least a Starter Account to use this feature. You only have access to basic statistics. U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. You can only download this statistic as a Premium user. Please check your download folder. Please check your download folder. A 2020 peak oil scenario would place the peak production at 35 billion barrels, which was surpassed in 2018 and 2021. Sign up for email subcriptions to receive messages about specific EIA products. 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. (Adobe PDF file) Correspondingly, our forecast spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024. Chart. 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. 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 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). 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. (Adobe PDF file) bbl/d, 75.57 Non-OECD Asia excludes China. 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. 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. Learn more about how Statista can support your business. USD/MMBtu, 31.22M This includes crude oil, NGLs, motor gasoline, gas/diesel oil, residual fuel oil and other refined products. Oil 2021 tackles these questions by analysing oil market data, trends in investment and government policies. 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. 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. International energy information, including overviews, rankings, data, and analyses. (Adobe PDF file), West Texas Intermediate crude oil price and NYMEX 95% confidence intervals In, BP. Visit our For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. Short, timely articles with graphics on energy, facts, issues, and trends. 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. Get full access to all features within our Business Solutions. 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. 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. This also excludes liquid fuel adjustment factors such as refinery processing gain, as well as oil shales/kerogen extracted in solid form. Business Solutions including all features. 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 . This is a change of 1.56% from one year ago. USD/bbl, 20.15 Learn more about how Statista can support your business. GRAPH: World Oil Production, 1950-2009 Top 20 Oil Producing Countries, 2009 Oil Production in the United States, 1900-2009 . Oil accounts for only a small share of electricity production - most come from coal and gas. 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. 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. 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. Profit from the additional features of your individual account. Licence: CC BY 4.0 OECD OPEC Rest of the world Related charts Share of top producing countries in extraction of selected minerals and fossil fuels, 2019 Open % (June 28, 2022). 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 This is now 350 million tonnes. As a Premium user you get access to the detailed source references and background information about this statistic. OECD (2022), Crude oil production (indicator). statistic alerts) please log in with your personal account. 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