The report provides a comprehensive outlook for global supply and demand through 2026 and explores some of the challenges and uncertainties that lie ahead. As a Premium user you get access to background information and details about the release of this statistic. Business Solutions including all features. Statista. Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. |
To use individual functions (e.g., mark statistics as favourites, set 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. Global energy consumption continues to grow, but it does seem to be slowing - averaging around 1% to 2% per year.
Come test out some of the products still in development and let us know what you think! Palm oil production has increased rapidly over the past 50 years. The production volume of vegetable oil in the 2021/22 crop year exceeded 200 million metric tons worldwide. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. USD/mt, 80.41 Licence: CC BY 4.0, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Oil data: downstream. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Crude Oil Production. 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. Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph].
This statistic was compiled using several releases of the publication. 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. This page provides values for Crude Oil Production reported in several countries. (Adobe PDF file)
", 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. Energy use in homes, commercial buildings, manufacturing, and transportation. 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. Distribution of crude oil production worldwide in 2021, by leading country [Graph]. Chart. This statistic is not included in your account. [Online]. 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. Visit our Note Apr. Please consult our full legal disclaimer. Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). Create a free IEA account to download our reports or subcribe to a paid service. ", 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. statistic alerts) please log in with your personal account. USD/bbl, 6.74 In the chart here we see the change in global soybean production from 1961 onwards. You only have access to basic statistics. Press release. Reports requested by congress or otherwise deemed important. If you are an admin, please authenticate by logging in again. ZIP files contain data in fixed-width TXT format. Table 3.6: Non-OPEC oil supply and OPEC NGLs. It includes crude oil, natural gas liquids (NGLs) and additives. BP. Please create an employee account to be able to mark statistics as favorites. 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 [Graph], US Department of . Please do not hesitate to contact me. [Online]. January 2017 - December 2018
Use this code to embed the visualisation into your website. (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). Excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas. Greenhouse gas data, voluntary reporting, electric power plant emissions. Show Recessions Copy the URL to open this chart with all your selections. All Figures. (Adobe PDF file)
Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. Thank you for subscribing. 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. 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 . Includes hydropower, solar, wind, geothermal, biomass and ethanol. 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%). All Tables
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The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. You need a Statista Account for unlimited access. U.S. Data are in kilotonnes. Still, the Covid-19 pandemic was associated with a notable drop in production in 2020.
Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. 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. 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. U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. Accessed March 01, 2023. https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP. 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. 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 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. This is an extract, full report available as PDF download. The ideal entry-level account for individual users. Thank you for subscribing. USD/bbl. Statista. 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. Use Ask Statista Research Service. As soon as this statistic is updated, you will immediately be notified via e-mail. 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. 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. 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 "Distribution of Crude Oil Production Worldwide in 2021, by Leading Country. June 28, 2022. This organization seeks to actively manage oil production in its member countries by setting production targets. Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) is an important factor that affects oil prices. January 2013 - December 2014
We expect OECD oil demand to remain largely flat over the forecast period, as inflationary economic pressures continue to limit GDP and oil demand growth and as the oil intensity of OECD economies declines. State energy information, including overviews, rankings, data, and analyses. As soon as this statistic is updated, you will immediately be notified via e-mail. 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 NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. Non-OPEC Petroleum and Other Liquids Production, Table 3c. Then you can access your favorite statistics via the star in the header. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. Currently, you are using a shared account. January 2011 - December 2012
OECD (2022), Crude oil production (indicator). The exceptions to this are in the early 1980s, and 2009 following the financial crisis. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Learn more about how Statista can support your business. |
1 Back in the 1960s, we were producing 20 to 30 million tonnes per year. 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. As a Premium user you get access to the detailed source references and background information about this statistic. Published by Statista Research Department , Jan 31, 2023 Global oil production amounted to 89.9 million barrels per day in 2021. International energy information, including overviews, rankings, data, and analyses. Organisation for Economic Co-operation and Development (OECD), Source:
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. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. 7, 2023
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 Overview Data sets OECD and selected countries crude supply 1 files Financial market analysis and financial data for major energy companies. Use Ask Statista Research Service. 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. Latest available data for a fixed period,
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(Adobe PDF file)
June 28, 2022.
Register in seconds and access exclusive features. Are you interested in testing our business solutions? Business Solutions including all features. MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. In 2021, U.S. oil production was down 1.10 mb/d relative to 2019. This is a change of 1.56% from one year ago. Charts. The United States produces every year an amount equivalent to 15.4% of its total proven reserves (as of 2016). "Oil Production Worldwide from 1998 to 2021 (in 1,000 Barrels per Day). (June 28, 2022). 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). Figures were restated based on the latest report. Please check your download folder. Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. Show publisher information 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. Organisation for Economic.
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 . Profit from the additional features of your individual account. Sign up for email subcriptions to receive messages about specific EIA products. (Adobe PDF file)
Values shown are in thousands of barrels produced per day. 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). Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. Expanded product description and database documentation. World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. As a Premium user you get access to background information and details about the release of this statistic. Energy & Financial Markets: What Drives Crude Oil Prices? USD/bbl, 82.31 of Energy) . You only have access to basic statistics. bbl/d, 12.67 EIA's free and open data available as API, Excel add-in, bulk files, and widgets. Get full access to all features within our Business Solutions. 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. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Exploration and reserves, storage, imports and exports, production, prices, sales. 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. When will countries phase out coal power? (June 28, 2022). For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last month's STEO. Global production today is more than 13 times higher than it was in the early 1960s. BP.
Our World in Data is free and accessible for everyone. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Create a free IEA account to download our reports or subcribe to a paid service. 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. 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. Data are in kilotonnes. The ideal entry-level account for individual users. All the software and code that we write is open source and made available via GitHub under the permissive MIT license. Licence: CC BY 4.0 OECD Middle East Non-OECD Europe and Eurasia China Non-OECD Asia 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. Oil Imports The United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016). To use individual functions (e.g., mark statistics as favourites, set Thank you for subscribing. 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. 3. Interactive visualization requires JavaScript. In, BP. Full Report
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). This statistic is not included in your account. Access to this and all other statistics on 80,000 topics from, Show sources information Even since the year 2000, production has more than doubled. to incorporate the statistic into your presentation at any time. STEO Data browser
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. You can only download this statistic as a Premium user. Create a free IEA account to download our reports or subcribe to a paid service. 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. January 2021 - Current Month
Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. The change in global production is shown in the chart. You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. Table 3.7: World biofuel production.
IEA, Global oil demand growth, 2011-2025, IEA, Paris https://www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. 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 . Subscribe to feeds for updates on EIA products including Today in Energy and What's New. Favourites, set Thank you for subscribing 's new Back in the chart here we see the change global..., and other liquids production, table 3c, 6.74 in the chart MIT license permissive MIT license manufacturing and! All features within our business Solutions from an oil refinery site and primary! 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