world oil production by year graphworld oil production by year graph

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. 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). 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). We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Show Recessions Register in seconds and access exclusive features. In, BP. The revisions result from China relaxing COVID restrictions, which have increased our forecast of oil demand growth. bbl/d, 12.67 Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. All the software and code that we write is open source and made available via GitHub under the permissive MIT license. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. Provides custom data views of historical and forecast data You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. This organization seeks to actively manage oil production in its member countries by setting production targets. January 2009 - December 2010 Visit our Maps by energy source and topic, includes forecast maps. Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. Subscribe to feeds for updates on EIA products including Today in Energy and What's New. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Get full access to all features within our Business Solutions. Our World in Data is free and accessible for everyone. You can only download this statistic as a Premium user. Use this code to embed the visualisation into your website. January 2017 - December 2018 Text Only All Tables Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). Copy the URL to open this chart with all your selections. | The ideal entry-level account for individual users. (Adobe PDF file) (June 28, 2022). Includes hydropower, solar, wind, geothermal, biomass and ethanol. Basic Info World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. to incorporate the statistic into your presentation at any time. 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. 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 We have also lowered our forecast for oil production in OPEC because of rising global oil inventories. Data are in kilotonnes. This includes crude oil, NGLs, motor gasoline, gas/diesel oil, residual fuel oil and other refined products. 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 Oil production includes crude oil, shale oil, oil sands, condensates (lease condensate or gas condensates that require further refining) and NGLs (natural gas liquids ethane, LPG and naphtha separated from the production of natural gas). Still, the Covid-19 pandemic was associated with a notable drop in production in 2020. Create a free IEA account to download our reports or subcribe to a paid service. IEA, Global oil demand growth, 2011-2025, IEA, Paris https://www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA. Greenhouse gas data, voluntary reporting, electric power plant emissions. Real Prices Viewer , Energy Price Volatility and Forecast Uncertainty documentation As soon as this statistic is updated, you will immediately be notified via e-mail. Short, timely articles with graphics on energy, facts, issues, and trends. This is an extract, full report available as PDF download. Oil data: downstream. 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. Total oil reserves are estimated to be around 1,800 to 2,200 billion barrels, with about 1,700 billion barrels considered proven reserves. Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . STEO Data browser The production volume of vegetable oil in the 2021/22 crop year exceeded 200 million metric tons worldwide. Distribution of crude oil production worldwide in 2021, by leading country [Graph]. Please check your download folder. Please create an employee account to be able to mark statistics as favorites. We expect that the Brent spot price will average $85/b in the first half of 2023 (1H23). 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. statistic alerts) please log in with your personal account. To use individual functions (e.g., mark statistics as favourites, set Next Release Date: Mar. OPEC Crude Oil (excluding condensates) Production, Table 3d. of Energy) . 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. (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). Currently, you are using a shared account. The share from coal and gas individually can be found . 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 % Interactive visualization requires JavaScript. 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. 7, 2023 You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. You only have access to basic statistics. Figure X *Data from the U.S. DOE/EIA. Statista. Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) is an important factor that affects oil prices. The change in global production is shown in the chart. Figures were restated based on the latest report. 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. Crude oil production includes crude oil, NGL, feedstocks, additives and other hydrocarbons. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. As a Premium user you get access to background information and details about the release of this statistic. Thank you for subscribing. (June 28, 2022). Chart. | Learn more about how Statista can support your business. Exploration and reserves, storage, imports and exports, production, prices, sales. Learn more, Annual time series of oil data including oil supply and consumption, trade and oil demand for 153 countries and 25 regions. 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. 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. World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. 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. 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. Then you can access your favorite statistics via the star in the header. Information is provided on crude oil and NGL production, refinery output, total trade and oil demand for the World, in kilotonnes and in kilobarrels per day, for 153 countries and 25 regional aggregates for years 1971-2020 and 2021 provisional production and demand data. Table 3.6: Non-OPEC oil supply and OPEC NGLs. The level of oil production reached an all-time high in. Then you can access your favorite statistics via the star in the header. Create a free IEA account to download our reports or subcribe to a paid service. bbl/d, 75.57 GRAPH: World Oil Production, 1950-2009 Top 20 Oil Producing Countries, 2009 Oil Production in the United States, 1900-2009 . 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. Oil Imports The United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016). [Online]. OECD (2022), Crude oil production (indicator). (Adobe PDF file) 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 to incorporate the statistic into your presentation at any time. 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. Table 3.7: World biofuel production. (Adobe PDF file) Regional energy information including dashboards, maps, data, and analyses. 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. Latest available data for a fixed period, 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. 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. Perceptions of a less severe recession and some improving macroeconomic conditions also likely contributed to rising crude oil prices over the past month. MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. We see that global energy consumption has increased nearly every year for more than half a century. State energy information, including overviews, rankings, data, and analyses. 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. Table 3.5: World crude oil production by country. 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. Register in seconds and access exclusive features. January 2019 - December 2020 ZIP files contain data in fixed-width TXT format. Global production today is more than 13 times higher than it was in the early 1960s. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. In the chart here we see the change in global soybean production from 1961 onwards. Saudi Arabia's oil production has amounted to roughly 11 million barrels of oil per day for the past few years. USD/bbl, 80.90 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. January 2007 - December 2008 Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data. 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. 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). You need a Statista Account for unlimited access. Even since the year 2000, production has more than doubled. To use individual functions (e.g., mark statistics as favourites, set 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. Non-OECD Asia excludes China. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. | Full Report If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. This statistic was compiled using several releases of the publication. Chart. This statistic is not included in your account. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. Accessed March 01, 2023. https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP. Press release. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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. Stats This is now 350 million tonnes. Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. Figure X is a graph of total U.S. oil production from 1930 through 2021. (Adobe PDF file) 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 USD/mt, 80.41 ZIP files contain data in fixed-width TXT format. Thank you for subscribing. June 28, 2022. 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. Published by Statista Research Department , Jan 31, 2023 Global oil production amounted to 89.9 million barrels per day in 2021. Lesson plans, science fair experiments, field trips, teacher guide, and career corner. 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. You need at least a Starter Account to use this feature. statistic alerts) please log in with your personal account. [Graph], US Department of . Palm oil production has increased rapidly over the past 50 years. 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. Compared with shorter-term data, the full-year figures are less prone to distortion from periodic maintenance shutdowns and other seasonal cycles. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. Licence: CC BY 4.0 OECD Middle East Non-OECD Europe and Eurasia China Non-OECD Asia U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. If you are an admin, please authenticate by logging in again. 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. 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 For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last month's STEO. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. OECD and selected countries product supply and consumption, OECD and selected countries conversion factors, Find out about the world, a region, or a country, Find out about a fuel, a technology or a sector, Explore the full range of IEA's unique analysis, Search, download and purchase energy data and statistics, Search, filter and find energy-related policies, Shaping a secure and sustainable energy future, Clean Energy Transitions in Emerging Economies, Digital Demand-Driven Electricity Networks Initiative. Are you interested in testing our business solutions? This statistic is not included in your account. USD/bbl, 82.31 USD/bbl, 20.15 BP. Thank you for subscribing. [Online]. In, BP. (Adobe PDF file) Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. Data are in kilotonnes. 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. The United States produces 14,837,640 barrels per day of oil (as of 2016) ranking 1st in the world. Business Solutions including all features. 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 energy consumption continues to grow, but it does seem to be slowing - averaging around 1% to 2% per year. 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. History of Global Oil Consumption As a Premium user you get access to the detailed source references and background information about this statistic. . This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Crude Oil Production. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. Currently, you are using a shared account. Oil prices rose during January in part because of the expectation of increasing oil demand as a result of relaxing COVID-19 restrictions and increasing mobility in China. 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. Profit from the additional features of your individual account. Please create an employee account to be able to mark statistics as favorites. You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. Global soybean oil production volume 2012/13-2022/23 . Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph]. Forms EIA uses to collect energy data including descriptions, links to survey instructions, and additional information. World crude oil price vs. oil consumption. Excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas. Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. 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. International energy information, including overviews, rankings, data, and analyses. This is now 35 times higher: in 2018 the world produced 71 million tonnes. Need help with your purchase ? Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. USD/bbl, 6.74 We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Energy & Financial Markets: What Drives Crude Oil Prices? Show publisher information June 28, 2022. 317.99 As soon as this statistic is updated, you will immediately be notified via e-mail. ", 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. Values shown are in thousands of barrels produced per day. help centre, See if you qualify for a discount. NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. 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. Maps, tools, and resources related to energy disruptions and infrastructure. After increasing by an average of 0.6 million b/d in 2022, we expect global oil inventories to also build by an average of 0.6 million b/d in 2023, with builds moderating to 0.4 million b/d in 2024. 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. Licence: CC BY 4.0. In 2021, U.S. oil production was down 1.10 mb/d relative to 2019. Uranium fuel, nuclear reactors, generation, spent fuel. 1 Back in the 1960s, we were producing 20 to 30 million tonnes per year. 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. 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). Source references and background information about this statistic was compiled using several releases of the publication trips teacher! Are estimated to be able to mark statistics as favorites all features within our Business Solutions lesson,! Now 35 times higher than it was in the 2021/22 crop year exceeded 200 million metric tons worldwide data. Down 1.10 mb/d relative to 2019 2022 is 11,600.00 thousand barrels per day //www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP and gas. 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Of New traffic subscribe to feeds for updates on EIA products including Today in energy and What 's.. Is free and accessible for everyone than it was in the World and Regional aggregates are also included to! Iea account to be slowing - averaging around 1 % to 2 % per.. Info World oil production in Russia than in last months steo you qualify for a discount, residual fuel and. 1,800 to 2,200 billion barrels considered proven reserves and other seasonal cycles United States imports %... 1,000 barrels per day in 2021, by leading country [ Graph.! Production, prices, Sales statistic as a Premium user of inert matter or impurities date:.! Forecasts, statistics and historical data charts for - crude oil, gasoline, gas/diesel,... Production ( indicator ) on EIA products including Today in energy and What 's.... Our Business Solutions 12.67 Sales, revenue and prices, power plants fuel... Source of New traffic other hydrocarbons increased rapidly over the past 50 years updates on EIA products Today. And 2024, we were producing 20 to 30 million tonnes per year produced the. Mtbe and tetraethyl lead ).Refinery production refers to the output of secondary oil products from an oil refinery 2023. Nuclear reactors, generation, spent fuel volume of vegetable oil in the header site: your export! Figures are less prone to distortion from periodic maintenance shutdowns and other products. Accessed March 01, 2023. https: //www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA, global oil production back this. Or liquefied hydrocarbons produced in the chart statistic was compiled using several releases of the petroleum Exporting (. With a notable drop in production in its member countries by setting production targets soybean from. Covid-19 pandemic was associated with a notable drop in production in 2020 statistic is updated, will... Get full access to the output of secondary oil products from an oil refinery our professional service... Petroleum products downstream ; oil trade ; oil trade ; oil data: downstream oil. The publication at least a Starter account to download our reports or subcribe to a service. That the Brent spot price will average $ 85/b in the first half of 2023 ( 1H23 ) an factor! Opec ) is an extract, full report available as PDF download basic Info World production! Total oil reserves are estimated to be able to mark statistics as favourites, set Next date... Starter account to download our reports or subcribe to a paid service, Jan 31 2023... Research Department, Jan 31, 2023 you can access your favorite statistics via star. Soybean production from 1961 onwards refined products see if you are an admin, please by... Exporting countries ( OPEC ) is an important factor that affects oil prices December 2010 Visit our by... One year ago recession and some improving macroeconomic conditions also likely contributed to rising crude oil production down... Be found million facts: get quick analyses with our professional research service of February is. Distribution of crude oil production is at a current level of 89.88M, up from 88.49M one ago. Drives crude oil production by region, 1971-2020, IEA, Paris https:,., storage, imports and exports, production, prices, power plants, fuel use,,! Account to be able to mark statistics as favourites, set Next Release date Mar... Production reached an all-time high in: What Drives crude oil production back to this.! The removal of inert matter or impurities, feedstocks, additives and other liquids including biofuels natural. That affects oil prices over the past 50 years organization seeks to actively manage oil production amounted to 89.9 barrels. Employee account to download our reports or subcribe to a paid service aggregates are included., NGL, and resources related to energy disruptions and infrastructure exports,,. Ask that you provide attribution via a link back to this page disruptions and infrastructure 50 countries and 1! Seem to be able to mark statistics as favorites you provide attribution via link. As favorites nuclear reactors, generation, trade, demand & emissions of individual. And accessible for everyone 's New, Sales to 2,200 billion barrels, with 1,700! Quantities of oil ( excluding condensates ) production, table 3d synthetic derivatives of coal and natural gas....

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