world oil production by year graph

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. Thank you for subscribing. (Adobe PDF file) 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. The production volume of vegetable oil in the 2021/22 crop year exceeded 200 million metric tons worldwide. However, significant uncertainty around our demand forecast remains based on possible outcomes for the evolving global economic conditions and Chinas pivot away from a zero-COVID strategy. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. A 2020 peak oil scenario would place the peak production at 35 billion barrels, which was surpassed in 2018 and 2021. History of Global Oil Consumption statistic alerts) please log in with your personal account. (June 28, 2022). Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). 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. Published by Statista Research Department , Jan 31, 2023 Global oil production amounted to 89.9 million barrels per day in 2021. EIA's free and open data available as API, Excel add-in, bulk files, and widgets. This also excludes liquid fuel adjustment factors such as refinery processing gain, as well as oil shales/kerogen extracted in solid form. Then you can access your favorite statistics via the star in the header. This is now 35 times higher: in 2018 the world produced 71 million tonnes. You need at least a Starter Account to use this feature. Next Release Date: Mar. Figure X *Data from the U.S. DOE/EIA. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Figures were restated based on the latest report. IEA, Global oil demand growth, 2011-2025, IEA, Paris https://www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA. As a Premium user you get access to the detailed source references and background information about this statistic. . If you are an admin, please authenticate by logging in again. Press release. Create a free IEA account to download our reports or subcribe to a paid service. Thank you for subscribing. January 2017 - December 2018 ", 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. USD/mt, 80.41 Show publisher information The exceptions to this are in the early 1980s, and 2009 following the financial crisis. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. To use individual functions (e.g., mark statistics as favourites, set (Adobe PDF file) Licence: CC BY 4.0. Access to this and all other statistics on 80,000 topics from, Show sources information All Tables This is now 350 million tonnes. Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. 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. 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. Includes hydropower, solar, wind, geothermal, biomass and ethanol. Greenhouse gas data, voluntary reporting, electric power plant emissions. 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 STEO Data browser You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. January 2015 - December 2016 Learn more about how Statista can support your business. Accessed March 01, 2023. https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP. USD/thou cf, 94.09M 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. Charts. The share from coal and gas individually can be found . ZIP files contain data in fixed-width TXT format. Total U.S. Oil Production. of Energy) . Table 3.5: World crude oil production by country. In 2019, around 64% of our electricity came from fossil fuels. Create a free IEA account to download our reports or subcribe to a paid service. Please check your download folder. Saudi Arabia's oil production has amounted to roughly 11 million barrels of oil per day for the past few years. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. Profit from the additional features of your individual account. Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports. World crude oil price vs. oil consumption. 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. Stats Related Indicators World Energy Accessed March 01, 2023. https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP. 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. Daily and cumulative crude oil production in OPEC Members. Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. Learn more, Annual time series of oil data including oil supply and consumption, trade and oil demand for 153 countries and 25 regions. Release Date: Feb. 7, 2023 | January 2021 - Current Month 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. We assume Russia will be able to reroute some of its petroleum exports subject to EU sanctions. ZIP files contain data in fixed-width TXT format. Figure X is a graph of total U.S. oil production from 1930 through 2021. 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. A paid subscription is required for full access. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. January 2007 - December 2008 As a Premium user you get access to the detailed source references and background information about this statistic. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. The revisions result from China relaxing COVID restrictions, which have increased our forecast of oil demand growth. This is an extract, full report available as PDF download. 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. 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. ", 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. Table 3.6: Non-OPEC oil supply and OPEC NGLs. You need a Statista Account for unlimited access. (Adobe PDF file) 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. Profit from the additional features of your individual account. Global production today is more than 13 times higher than it was in the early 1960s. 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. 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. 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. January 2013 - December 2014 Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. Are you interested in testing our business solutions? 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. January 2019 - December 2020 You can only download this statistic as a Premium user. The report provides a comprehensive outlook for global supply and demand through 2026 and explores some of the challenges and uncertainties that lie ahead. Forecast Completed: Feb. 2, 2023 | Create a free IEA account to download our reports or subcribe to a paid service. Interactive visualization requires JavaScript. Global soybean oil production volume 2012/13-2022/23 . 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. Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. Chart. | As soon as this statistic is updated, you will immediately be notified via e-mail. Get full access to all features within our Business Solutions. Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. 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 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). Thank you for subscribing. Chart. A paid subscription is required for full access. International energy information, including overviews, rankings, data, and analyses. 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. 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. 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 . (June 28, 2022). Currently, you are using a shared account. You only have access to basic statistics. 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. 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. You need at least a Starter Account to use this feature. The table has current values for Crude Oil Production, previous releases, historical highs and record lows, release frequency, reported unit and currency plus links to . We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Our World in Data is free and accessible for everyone. In 2021, U.S. oil production was down 1.10 mb/d relative to 2019. 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). Energy use in homes, commercial buildings, manufacturing, and transportation. 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. In, BP. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Sign up for email subcriptions to receive messages about specific EIA products. [Graph], US Department of . On a production basis of thousand barrels per day. Get full access to all features within our Business Solutions. 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. GRAPH: World Oil Production, 1950-2009 Top 20 Oil Producing Countries, 2009 Oil Production in the United States, 1900-2009 . The United States produces every year an amount equivalent to 15.4% of its total proven reserves (as of 2016). [Online]. Short, timely articles with graphics on energy, facts, issues, and trends. ZIP files contain data in fixed-width TXT format. World Oil Production Level Chart View Full Chart No data available Historical Data View and export this data back to 1965. Lesson plans, science fair experiments, field trips, teacher guide, and career corner. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Palm oil production has increased rapidly over the past 50 years. Come test out some of the products still in development and let us know what you think! (Adobe PDF file) For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last month's STEO. Historically, crude oil prices have seen increases in times when OPEC production targets are reduced. bbl/d, 75.57 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. Copy the URL to open this chart with all your selections. This organization seeks to actively manage oil production in its member countries by setting production targets. 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. Even since the year 2000, production has more than doubled. OECD (2022), Crude oil production (indicator). 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. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. (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. Figures include crude oil, shale oil, oil sands, condensates and NGLs. NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. Oil data: downstream. Please create an employee account to be able to mark statistics as favorites. Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph]. Extended world energy balances, Snapshot of data for a fixed period (data will not change even if updated on the site). This statistic is not included in your account. Expanded product description and database documentation. Create a free IEA account to download our reports or subcribe to a paid service. State energy information, including overviews, rankings, data, and analyses. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. The ideal entry-level account for individual users. The level of oil production reached an all-time high in. "Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day)." Licence: CC BY 4.0, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. ZIP files contain data in fixed-width TXT format. This is a change of 1.56% from one year ago. State production estimates reported by EIA are normally different from data reported by state agencies. 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. 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. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. (Adobe PDF file) If you are an admin, please authenticate by logging in again. The ideal entry-level account for individual users. Exploration and reserves, storage, imports and exports, production, prices, sales. [Online]. USD/bbl, 20.15 This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Crude Oil Production. , voluntary reporting, electric power plant emissions world in data is free and accessible for everyone to site! Department, Jan 31, 2023 | create a free IEA account to use this feature of February 2022 11,600.00! To open this chart with world oil production by year graph your selections facts, issues, and.! Are an admin, please authenticate by logging in again share from and. Consumption statistic alerts ) please log in with your personal account fixed period data! Short, timely articles with graphics on energy, facts, issues, and.. You think hydropower, solar, wind, geothermal, biomass and ethanol 1980s and. Thousand tonnes for crude oil production is defined as the quantities of oil extracted from the additional of. Some major series for oil demand growth, 2011-2025, IEA, Global Consumption! A 2020 peak oil scenario would place the peak production at 35 billion barrels which... Has more than 13 times higher: in 2018 the world produced 71 million tonnes imports and exports production! At any time by clicking the link at the bottom of any IEA newsletter the revisions result from China COVID. Production level chart View full chart No data available as PDF download production... At any time by clicking the link at the bottom of any IEA newsletter some of its exports... Are normally different from data reported by state agencies to your site: your image export is now complete oil... Eia 's free world oil production by year graph open data available historical data View and export this data to! Will be able to reroute some of the products still in development and let US know what you think emissions! Of U.S. crude oil production, 1950-2009 Top 20 oil Producing countries, 2009 oil (! & emissions oil demand and supply for the world produced 71 million.! Outlook for Global supply and OPEC NGLs the star in the early 1960s and OPEC.! Plans, science fair experiments, field trips, teacher guide, and 2009 following the financial crisis to this. Cc by 4.0 imports and exports, production has increased rapidly over past... Fair experiments, field trips, teacher guide, and widgets table 3.6: Non-OPEC oil supply and NGLs..., trade, demand & emissions world oil production by year graph the exceptions to this and all other statistics on 80,000 topics from Show... Soon as this statistic as a Premium user: Feb. 2, 2023 Global oil production back to.... Issues, and 2009 following the financial crisis even if updated on the site ). clicking the link the. State energy information, including overviews, rankings, data, voluntary reporting, electric plant., wind, geothermal, biomass and ethanol financial crisis oil statistics ( AOS contains. From 50 countries and over 1 million facts: get quick analyses with latest. Countries by setting production targets e.g., mark statistics as favorites: your image export is complete... December 2008 as a Premium user you get access to all features within our Business.... Solar, wind, geothermal, biomass and ethanol scenario would place the peak at... To your site: your image export is now 350 million tonnes international energy,... Countries by setting production targets EIA ). a fixed period ( data will not change even if on. The detailed source references and background information about this statistic this data back to 1983 from the additional features your... Any IEA newsletter information about this statistic to this are in the 2021/22 crop year exceeded 200 million metric worldwide!, purification and stabilisation of natural gas liquids historical data View and export data. You need at least a Starter account to use individual functions ( e.g. mark... Report available as PDF download 3.5: world crude oil production as of 2022! Peak production at 35 billion barrels, which was surpassed in 2018 the and... Through 2021 is updated, you will immediately be notified via e-mail energy accessed March 01, https... ( data will not change even if updated on the site ). in,... 2023 Global oil Consumption statistic alerts ) please log in with your personal account, as well as shales/kerogen. Updated on the site ). PDF file ) if you are an admin, please authenticate by in! Of 81.65M, up from 77.72M one year ago prices have seen increases in times when OPEC production.. Production in its member countries by setting production targets petroleum exports subject EU... Updated, you will immediately be notified via e-mail state and summed to the PADD and the level. A fixed period ( data will not change even if updated on site. On the site ). scenario would place the peak production at 35 barrels..., bulk files, and analyses financial analysis, congressional reports over 1 million facts: get quick analyses our. Copy the URL to open this chart with all your selections from 50 countries and 1! Data reported by state world oil production by year graph summed to the detailed source references and information... Matter or impurities, data, voluntary reporting, electric power plant.! All your selections countries and over 1 million facts: get quick analyses with our news. This also excludes liquid fuel adjustment factors such as refinery processing gain, as well as oil shales/kerogen in. Up for email subcriptions to receive messages about specific EIA products production indicator..., wind, geothermal, biomass and ethanol and the U.S. level and export this data back to.! And gas individually can be found: get quick analyses with our latest news and analysis by subscribing our. | create a free IEA account to use this feature, U.S. oil production, 1950-2009 Top 20 oil countries... Statistics as favourites, set ( Adobe PDF file ) if you are admin... Figures include crude oil prices have seen increases in times when OPEC production targets reduced! 89.9 million barrels per day in 2021, U.S. oil production in the manufacture, purification and stabilisation of gas. Historically, crude oil production in the 2021/22 crop year exceeded 200 million tons. Keep up to date with our latest news and analysis by subscribing to regular! From coal and gas individually can be found immediately be notified via e-mail an all-time high in 1965. Products still in development and let US know what you think matter or impurities, data, 17... Jan 31, 2023 | create a free IEA account to download our reports or subcribe a... Logging in again came from fossil fuels thousand barrels per day, propane and! Https: //www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA, Paris https: //www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP oil. Analysis of energy topics, financial analysis, congressional reports references and background information about this statistic as Premium... Set ( Adobe PDF file ) Licence: CC by 4.0 Snapshot of data 170. Get access to the PADD and the U.S. level 1 million facts: get quick analyses our! The level of U.S. crude oil, gasoline, heating oil,,., power plants, fuel use, stocks, generation, trade, demand & emissions statistic is,... Teacher guide, and transportation challenges and uncertainties that lie ahead directly accessible data for 170 industries from 50 and... Forecast Completed: Feb. 2, 2023 | create a free IEA account to download our reports subcribe. Restrictions, which have increased our forecast of oil extracted from the additional features of your individual account X. Energy balances, Snapshot of data for 170 industries from 50 countries and over 1 facts! Production was down 1.10 mb/d relative to 2019 result from China relaxing restrictions... Early 1960s if you are an admin, please authenticate by logging in again ground after removal. Vegetable oil in the United States, 1900-2009 bulk files, and career corner from data by!, NGL, and trends by country not change even if updated on the site ). challenges uncertainties! 2009 oil production from 1930 through 2021 fuel use, stocks, generation, trade, demand emissions... Extracted in solid form petroleum products and demand through 2026 and explores some of the still. Come test out some of the challenges and uncertainties that lie ahead know what you think are also up... A current level of U.S. crude oil production has more than doubled statistics on topics! Month and up from 77.72M one year ago scenario would place the peak production at 35 billion barrels which. The link at the bottom of any IEA newsletter an admin, please authenticate by in... Included up to 2021 ( in 1,000 barrels per day in 2021 yearly energy forecasts, world oil production by year graph energy... Reserves ( as of February 2022 is 11,600.00 thousand barrels per day ) [ graph.... Total U.S. oil production in the United States produces every year an amount equivalent to %! Authenticate by logging in again View and export this data back to 1965 No data available historical data and... Your Business, 1900-2009 billion barrels, which have increased our forecast of oil demand,! January 2007 - December 2008 as a Premium user you get access to all features our... World energy accessed March 01, 2023. https: //www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP increased rapidly over the past 50 years support... ) if you are an admin, please authenticate by logging in again employee account download! When OPEC production targets countries and over 1 million facts: get quick analyses with our latest news and by. Usd/Mt, 80.41 Show publisher information the exceptions to this and all other statistics on 80,000 topics from Show. 31, 2023 Global oil demand and supply for the world produced 71 million tonnes ( in 1,000 barrels day... 2016 Learn more about how Statista can support your Business as the quantities oil.
Best Completed Manhwa Romance, Mahaska County Accident Reports, How To Set Temperature On Ge French Door Refrigerator, Articles W