world oil production by year graph
ZIP files contain data in fixed-width TXT format. Subscribe to feeds for updates on EIA products including Today in Energy and What's New. To use individual functions (e.g., mark statistics as favourites, set 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. 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. statistic alerts) please log in with your personal account. (Adobe PDF file) Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. Maps by energy source and topic, includes forecast maps. 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. ZIP files contain data in fixed-width TXT format. Figure X *Data from the U.S. DOE/EIA. USD/bbl, 82.31 Keep up to date with our latest news and analysis by subscribing to our regular newsletter. 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. 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. January 2013 - December 2014 USD/bbl, 6.74 help centre, See if you qualify for a discount. (June 28, 2022). June 28, 2022. Register in seconds and access exclusive features. Access to this and all other statistics on 80,000 topics from, Show sources information Uranium fuel, nuclear reactors, generation, spent fuel. Daily and cumulative crude oil production in OPEC Members. of Energy) . As a Premium user you get access to background information and details about the release of this statistic. This is a change of 1.56% from one year ago. 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. 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 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. USD/MMBtu, 31.22M Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. Stats Related Indicators World Energy Interactive visualization requires JavaScript. Then you can access your favorite statistics via the star in the header. Please consult our full legal disclaimer. Oil accounts for only a small share of electricity production - most come from coal and gas. 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. 317.99 Please create an employee account to be able to mark statistics as favorites. Values shown are in thousands of barrels produced per day. This includes crude oil, NGLs, motor gasoline, gas/diesel oil, residual fuel oil and other refined products. [Graph], US Department of . Then you can access your favorite statistics via the star in the header. Our World in Data is free and accessible for everyone. This is now 350 million tonnes. (Adobe PDF file), West Texas Intermediate crude oil price and NYMEX 95% confidence intervals This statistic is not included in your account. (Adobe PDF file) 3. We see that global energy consumption has increased nearly every year for more than half a century. In, BP. BP. 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. Figures include crude oil, shale oil, oil sands, condensates and NGLs. 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. Compared with shorter-term data, the full-year figures are less prone to distortion from periodic maintenance shutdowns and other seasonal cycles. 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. 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. We have also lowered our forecast for oil production in OPEC because of rising global oil inventories. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. 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 This organization seeks to actively manage oil production in its member countries by setting production targets. Upgrade now. 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. 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. Forms EIA uses to collect energy data including descriptions, links to survey instructions, and additional information. 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). 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. Saudi Arabia's oil production has amounted to roughly 11 million barrels of oil per day for the past few years. "Oil Production Worldwide from 1998 to 2021 (in 1,000 Barrels per Day). Published by Statista Research Department , Jan 31, 2023 Global oil production amounted to 89.9 million barrels per day in 2021. Accessed March 01, 2023. https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP. Includes hydropower, solar, wind, geothermal, biomass and ethanol. 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). January 2021 - Current Month Create a free IEA account to download our reports or subcribe to a paid service. 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. International energy information, including overviews, rankings, data, and analyses. Figure X is a graph of total U.S. oil production from 1930 through 2021. Learn more about how Statista can support your business. Are you interested in testing our business solutions? Maps, tools, and resources related to energy disruptions and infrastructure. Charts. 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 change of 0.39% from last month and 5.06% from one year ago. 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. If you are an admin, please authenticate by logging in again. Show Recessions The revisions result from China relaxing COVID restrictions, which have increased our forecast of oil demand growth. The production volume of vegetable oil in the 2021/22 crop year exceeded 200 million metric tons worldwide. Come test out some of the products still in development and let us know what you think! Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). (Adobe PDF file) 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. Global soybean oil production volume 2012/13-2022/23 . Latest available data for a fixed period, Use this code to embed the visualisation into your website. MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. 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). Create a free IEA account to download our reports or subcribe to a paid service. 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. Table 3.6: Non-OPEC oil supply and OPEC NGLs. A paid subscription is required for full access. 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. OECD (2022), Crude oil production (indicator). NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. Overall, oil production grew in the Middle East (+1.6%), leaded by Iran with +17.6% despite sanctions, in North America (+2.5%), including +5.9% in Canada, in CIS (+1.8%), and in Asia (+3.3%). 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. You can only download this statistic as a Premium user. Please do not hesitate to contact me. GRAPH: World Oil Production, 1950-2009 Top 20 Oil Producing Countries, 2009 Oil Production in the United States, 1900-2009 . You only have access to basic statistics. 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. As a Premium user you get access to the detailed source references and background information about this statistic. Excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas. (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). ", 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. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. 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 % 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. 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. Create a free IEA account to download our reports or subcribe to a paid service. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. Licence: CC BY 4.0, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. to incorporate the statistic into your presentation at any time. Values shown are in thousands of barrels produced per day. Use Ask Statista Research Service. On a production basis of thousand barrels per day. All the software and code that we write is open source and made available via GitHub under the permissive MIT license. Energy & Financial Markets: What Drives Crude Oil Prices? Reports requested by congress or otherwise deemed important. 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. (June 28, 2022). January 2017 - December 2018 June 28, 2022. January 2011 - December 2012 You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. 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. State production estimates reported by EIA are normally different from data reported by state agencies. Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph]. 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 . 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. 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. This is now 35 times higher: in 2018 the world produced 71 million tonnes. Licence: CC BY 4.0. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Profit from the additional features of your individual account. We expect that the Brent spot price will average $85/b in the first half of 2023 (1H23). This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. All Tables | Organisation for Economic Co-operation and Development (OECD), Source: Full Report Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. The report provides a comprehensive outlook for global supply and demand through 2026 and explores some of the challenges and uncertainties that lie ahead. Copy the URL to open this chart with all your selections. Energy use in homes, commercial buildings, manufacturing, and transportation. Press release. Business Solutions including all features. This also excludes liquid fuel adjustment factors such as refinery processing gain, as well as oil shales/kerogen extracted in solid form. Learn more, Annual time series of oil data including oil supply and consumption, trade and oil demand for 153 countries and 25 regions. Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. The change in global production is shown in the chart. [Online]. To use individual functions (e.g., mark statistics as favourites, set Please check your download folder. As soon as this statistic is updated, you will immediately be notified via e-mail. Access to this and all other statistics on 80,000 topics from, Show sources information History of Global Oil Consumption Distribution of crude oil production worldwide in 2021, by leading country [Graph]. You need at least a Starter Account to use this feature. Over 1 million facts: get quick analyses with our latest news and by... Below that you can only download this statistic is updated, you will immediately be notified via e-mail ),... Or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas change. 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Oil accounts for only a small share of electricity production - most come from coal and gas to with... 28, 2022 manufacture, purification and stabilisation of natural gas day 2021...
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world oil production by year graph