world oil production by year graph

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 Oil data: downstream. 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. January 2013 - December 2014 World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. Short, timely articles with graphics on energy, facts, issues, and trends. Correspondingly, our forecast spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024. In 2019, around 64% of our electricity came from fossil fuels. 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. Table 3.7: World biofuel production. 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 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 . Upgrade now. In, BP. Register in seconds and access exclusive features. All Figures. EIA's free and open data available as API, Excel add-in, bulk files, and widgets. Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. 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. In the chart here we see the change in global soybean production from 1961 onwards. Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data. Charts. "Distribution of Crude Oil Production Worldwide in 2021, by Leading Country. This statistic is not included in your account. International energy information, including overviews, rankings, data, and analyses. Saudi Arabia's oil production has amounted to roughly 11 million barrels of oil per day for the past few years. ", 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. Financial market analysis and financial data for major energy companies. January 2007 - December 2008 Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Daily and cumulative crude oil production in OPEC Members. 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. The ideal entry-level account for individual users. State energy information, including overviews, rankings, data, and analyses. Overview Data sets OECD and selected countries crude supply 1 files Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. 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. 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 . Show Recessions Compared with shorter-term data, the full-year figures are less prone to distortion from periodic maintenance shutdowns and other seasonal cycles. Get full access to all features within our Business Solutions. Stats of Energy) . Uranium fuel, nuclear reactors, generation, spent fuel. Figure X is a graph of total U.S. oil production from 1930 through 2021. Please consult our full legal disclaimer. Regional energy information including dashboards, maps, data, and analyses. USD/mt, 80.41 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 United States produces every year an amount equivalent to 15.4% of its total proven reserves (as of 2016). (Adobe PDF file), West Texas Intermediate crude oil price and NYMEX 95% confidence intervals Release Date: Feb. 7, 2023 | Organisation for Economic. 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. 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. Maps, tools, and resources related to energy disruptions and infrastructure. Are you interested in testing our business solutions? 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 . USD/thou cf, 94.09M History of Global Oil Consumption A paid subscription is required for full access. Figures were restated based on the latest report. The United States produces 14,837,640 barrels per day of oil (as of 2016) ranking 1st in the world. Provides custom data views of historical and forecast data 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. Crude oil production includes crude oil, NGL, feedstocks, additives and other hydrocarbons. The ideal entry-level account for individual users. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. Then you can access your favorite statistics via the star in the header. As a Premium user you get access to the detailed source references and background information about this statistic. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. You need at least a Starter Account to use this feature. 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). Get full access to all features within our Business Solutions. Stats Related Indicators World Energy Interactive visualization requires JavaScript. 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. 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%). Please create an employee account to be able to mark statistics as favorites. 7, 2023 January 2009 - December 2010 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 % Distribution of crude oil production worldwide in 2021, by leading country [Graph]. Exploration and reserves, storage, imports and exports, production, prices, sales. 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. This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. [Graph], US Department of . To use individual functions (e.g., mark statistics as favourites, set statistic alerts) please log in with your personal account. statistic alerts) please log in with your personal account. doi: 10.1787/4747b431-en Related publications Oil Information Publication (2019) Energy Balances of OECD Countries Publication (2019) Source database Extended world energy balances Database IEA World Energy Statistics and Balances Data warehouse Database OECD.Stat Further indicators related to Energy This statistic is not included in your account. to incorporate the statistic into your presentation at any time. 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. You need a Statista Account for unlimited access. 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. (Adobe PDF file) You only have access to basic statistics. Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph]. Learn more about how Statista can support your business. 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. You need at least a Starter Account to use this feature. 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. Chart. 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. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. The level of oil production reached an all-time high in. Show publisher information You need a Statista Account for unlimited access. This statistic was compiled using several releases of the publication. (Adobe PDF file) Sign up for email subcriptions to receive messages about specific EIA products. U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. Create a free IEA account to download our reports or subcribe to a paid service. ", 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. The change in global production is shown in the chart. U.S. Includes hydropower, solar, wind, geothermal, biomass and ethanol. On a production basis of thousand barrels per day. Licence: CC BY 4.0, Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Table 3.6: Non-OPEC oil supply and OPEC NGLs. 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). This is a change of 0.39% from last month and 5.06% from one year ago. Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. Register in seconds and access exclusive features. Learn more about how Statista can support your business. | Energy & Financial Markets: What Drives Crude Oil Prices? As a Premium user you get access to background information and details about the release of this statistic. Global soybean oil production volume 2012/13-2022/23 . 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. You can only download this statistic as a Premium user. January 2017 - December 2018 Show publisher information You can only download this statistic as a Premium user. Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Total U.S. Oil Production. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. This includes crude oil, NGLs, motor gasoline, gas/diesel oil, residual fuel oil and other refined products. 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. In 2021, U.S. oil production was down 1.10 mb/d relative to 2019. ZIP files contain data in fixed-width TXT format. We expect that the Brent spot price will average $85/b in the first half of 2023 (1H23). Business Solutions including all features. 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. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. 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. In 1970, the world was producing only 2 million tonnes. 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. 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 Forecast Completed: Feb. 2, 2023 | Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. (Adobe PDF file) Licence: CC BY 4.0. Profit from the additional features of your individual account. (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). The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. (Adobe PDF file) OPEC Crude Oil (excluding condensates) Production, Table 3d. Total oil reserves are estimated to be around 1,800 to 2,200 billion barrels, with about 1,700 billion barrels considered proven reserves. USD/bbl, 20.15 Create a free IEA account to download our reports or subcribe to a paid service. Lesson plans, science fair experiments, field trips, teacher guide, and career corner. Published by Statista Research Department , Jan 31, 2023 Global oil production amounted to 89.9 million barrels per day in 2021. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. The revisions result from China relaxing COVID restrictions, which have increased our forecast of oil demand growth. ZIP files contain data in fixed-width TXT format. Note Apr. (Adobe PDF file) 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. Press release. 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. ZIP files contain data in fixed-width TXT format. USD/MMBtu, 31.22M Visit our to incorporate the statistic into your presentation at any time. Thank you for subscribing. A paid subscription is required for full access. 82/B in 2H23 and $ 78/b in 2024 gasoline, gas/diesel oil, NGL feedstocks! History of global oil production reached an all-time high in create an employee account to use this.. 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