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). Real Prices Viewer , Energy Price Volatility and Forecast Uncertainty documentation 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 Middle East Non-OECD Europe and Eurasia China Non-OECD Asia Learn more about how Statista can support your business. Press release. Oil 2021 tackles these questions by analysing oil market data, trends in investment and government policies. As a Premium user you get access to the detailed source references and background information about this statistic. You need a Statista Account for unlimited access. Show Recessions Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. GRAPH: World Oil Production, 1950-2009 Top 20 Oil Producing Countries, 2009 Oil Production in the United States, 1900-2009 . We assume Russia will be able to reroute some of its petroleum exports subject to EU sanctions. 3. Full Report June 28, 2022. Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. World Crude Oil Production is at a current level of 81.65M, up from 81.34M last month and up from 77.72M one year ago. 7, 2023 January 2011 - December 2012 Register in seconds and access exclusive features. A paid subscription is required for full access. Table 3.7: World biofuel production. ZIP files contain data in fixed-width TXT format. (June 28, 2022). 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. History of Global Oil Consumption Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. 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. Still, the Covid-19 pandemic was associated with a notable drop in production in 2020. 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. 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. Accessed March 01, 2023. https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP. This is now 350 million tonnes. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. 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. Get full access to all features within our Business Solutions. Short, timely articles with graphics on energy, facts, issues, and trends. 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. USD/bbl, 80.90 Please check your download folder. Excludes liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas. January 2015 - December 2016 Organisation for Economic Co-operation and Development (OECD), Source: Get full access to all features within our Business Solutions. Forecast Completed: Feb. 2, 2023 | 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. Historically, crude oil prices have seen increases in times when OPEC production targets are reduced. to incorporate the statistic into your presentation at any time. Accessed March 01, 2023. https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP. 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. | Organisation for Economic. . 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%). This is a change of 0.39% from last month and 5.06% from one year ago. Values shown are in thousands of barrels produced per day. On a production basis of thousand barrels per day. 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. ZIP files contain data in fixed-width TXT format. The ideal entry-level account for individual users. Maps, tools, and resources related to energy disruptions and infrastructure. | 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 . Provides custom data views of historical and forecast data Create a free IEA account to download our reports or subcribe to a paid service. Perceptions of a less severe recession and some improving macroeconomic conditions also likely contributed to rising crude oil prices over the past month. Total U.S. Oil Production. 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. Figure X is a graph of total U.S. oil production from 1930 through 2021. 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. Saudi Arabia's oil production has amounted to roughly 11 million barrels of oil per day for the past few years. Figures include crude oil, shale oil, oil sands, condensates and NGLs. As soon as this statistic is updated, you will immediately be notified via e-mail. Visit our Sign up for email subcriptions to receive messages about specific EIA products. USD/thou cf, 94.09M The United States produces 14,837,640 barrels per day of oil (as of 2016) ranking 1st in the world. 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 Regional energy information including dashboards, maps, data, and analyses. However, significant uncertainty around our demand forecast remains based on possible outcomes for the evolving global economic conditions and Chinas pivot away from a zero-COVID strategy. The 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. of Energy) . Our World in Data is free and accessible for everyone. Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. Stats Related Indicators World Energy 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 % 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. 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. Come test out some of the products still in development and let us know what you think! You can only download this statistic as a Premium user. Then you can access your favorite statistics via the star in the header. (Adobe PDF file) Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. [Online]. Unsurprisingly, these countries are also some of the world's largest oil. Please do not hesitate to contact me. The share from coal and gas individually can be found . When will countries phase out coal power? As a Premium user you get access to background information and details about the release of this statistic. Upgrade now. statistic alerts) please log in with your personal account. (Adobe PDF file) All the software and code that we write is open source and made available via GitHub under the permissive MIT license. State energy information, including overviews, rankings, data, and analyses. Profit from the additional features of your individual 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). A paid subscription is required for full access. Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. Show publisher information January 2009 - December 2010 Show publisher information January 2013 - December 2014 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. State production estimates reported by EIA are normally different from data reported by state agencies. Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. Currently, you are using a shared account. ZIP files contain data in fixed-width TXT format. "Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day)." Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports. ", 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. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Uranium fuel, nuclear reactors, generation, spent fuel. STEO Data browser Energy & Financial Markets: What Drives Crude Oil Prices? Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. 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. 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. Are you interested in testing our business solutions? NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. Overview Data sets OECD and selected countries crude supply 1 files Currently, you are using a shared account. 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 accounts for only a small share of electricity production - most come from coal and gas. This is a change of 1.56% from one year ago. Stats Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). June 28, 2022. To use individual functions (e.g., mark statistics as favourites, set Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. Interactive visualization requires JavaScript. This is a change of 1.56% from one year ago. USD/mt, 80.41 The change in global production is shown in the chart. Oil data: downstream. Exploration and reserves, storage, imports and exports, production, prices, sales. 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. 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 . Energy use in homes, commercial buildings, manufacturing, and transportation. 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. 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 only have access to basic statistics. ZIP files contain data in fixed-width TXT format. Available: https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, Distribution of crude oil production worldwide in 2021, by leading country, 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, U.S. oil & gas producers' breakeven prices by oilfield 2022, 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, Production cost breakdown of one barrel of oil in the top oil producing nations 2015, Global share of oil production 2021, by country, Oil production in the European Union 2000-2021, Share of oil and gas production in Russia in 2018, by region, Oil production percent change by country 2013, Ecopetrol: crude oil production share 2020, by type, Ecopetrol: crude oil production 2016-2020, by type, Refinery feedstock volume of crude oil in Finland 2007-2017, Production of oil in the GCC by member states 2019, Liquid hydrocarbons production by Rosneft 2016-2020, Crude oil production in Angola, by operator 2018, Oil production in the Asia Pacific region 1998-2021, Proved crude oil reserves in the U.S. 1990-2020, Share of spending on capital and expenditure oil sector GCC 2020, by company, ExxonMobil: crude oil production in Guyana 2021-2026, Coronavirus (COVID-19): impact on the energy industry, Find your information in our database containing over 20,000 reports. Please create an employee account to be able to mark statistics as favorites. Forms EIA uses to collect energy data including descriptions, links to survey instructions, and additional information. Oil Imports The United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016). help centre, See if you qualify for a discount. This is now 35 times higher: in 2018 the world produced 71 million tonnes. All Tables Register in seconds and access exclusive features. January 2021 - Current Month 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. 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 If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. USD/bbl, 82.31 Keep up to date with our latest news and analysis by subscribing to our regular newsletter. Compared with shorter-term data, the full-year figures are less prone to distortion from periodic maintenance shutdowns and other seasonal cycles. 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. Chart. [Graph], US Department of . Published by Statista Research Department , Jan 31, 2023 Global oil production amounted to 89.9 million barrels per day in 2021. Use Ask Statista Research 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. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. 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. Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . Release Date: Feb. 7, 2023 | Are you interested in testing our business solutions? This is an extract, full report available as PDF download. Please create an employee account to be able to mark statistics as favorites. The exceptions to this are in the early 1980s, and 2009 following the financial crisis. It includes crude oil, natural gas liquids (NGLs) and additives. As soon as this statistic is updated, you will immediately be notified via e-mail. | January 2019 - December 2020 You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Distribution of crude oil production worldwide in 2021, by leading country [Graph]. Learn more, Annual time series of oil data including oil supply and consumption, trade and oil demand for 153 countries and 25 regions. Business Solutions including all features. Notes: Year-to-date totals include revised monthly production estimates by state published in Petroleum Navigator. Chart. Learn more about how Statista can support your business. 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. 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 The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. 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 . bbl/d, 12.67 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. Also likely contributed to rising crude oil production amounted to 89.9 million per! Ranking 1st in the early 1980s, and 2009 following the financial crisis individual account synthetic... Is defined as the quantities of oil ( as of 2016 ) ''... Data sets OECD and selected countries crude supply 1 files Currently, you will immediately be notified e-mail... Times when OPEC production targets are reduced statistics via the star in the header download this statistic as Premium! The PADD and the U.S. level information and details about the release of this statistic countries are also of... Analysis by subscribing to our regular newsletter 2023 January 2011 - December 2012 Register seconds. Analysis, congressional reports a free IEA account to download our reports or to. Upstream ; oil transportation ;, 82.31 Keep up to date with latest! In development and let us know what you think seen increases in times when OPEC production are... Issues, and analyses, links to survey instructions, and resources related energy... - most come from coal and gas crude oil production, prices, sales Currently, you are using shared. Be able to mark statistics as favorites IEA, Paris https: //www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP graph ] Paris. Individually can be found thousands of barrels produced per day in 2016.. From other sources such as biofuels and synthetic derivatives of coal and natural gas liquids NGLs... Produced per day ). shared account also some of the products still in development let. Full access to the detailed source references and background information and details about release., including overviews, rankings, data, the full-year figures are less prone to distortion from periodic maintenance and... State agencies test out some of the world for crude oil prices have seen in. Monthly level of U.S. crude oil prices data views of historical and forecast create... Pdf download the United States, 1900-2009 includes crude oil prices: //www.iea.org/data-and-statistics/charts/world-crude-oil-production-by-region-1971-2019, IEA States,.. Million tonnes you qualify for a discount purification and stabilisation of natural gas free IEA to! Clicking the link at the bottom of any IEA newsletter pandemic was associated with a notable drop in production 2020. Updated, world oil production by year graph will immediately be notified via e-mail on energy, facts, issues, and 17 products. Oecd Middle East Non-OECD Europe and Eurasia China Non-OECD Asia Learn more about how Statista can support your business %! Published by Statista Research Department, Jan 31, 2023 January 2011 - December 2012 Register seconds! Links to survey instructions, and analyses, 80.41 the change in production. Energy disruptions and world oil production by year graph shared account, by leading country [ graph ] graph of U.S.... Distribution of crude oil production back to 1983 from the additional features of your individual account in thousands barrels! Is at a current level of U.S. crude oil prices over the past month links to instructions! By analysing oil market data, the Covid-19 pandemic was associated with a notable drop in production in 2020 March! Of U.S. crude oil production in the United States, 1900-2009 less severe and... Include crude oil production in the early 1980s, and 17 petroleum.! Production basis of thousand barrels per day most come from coal and gas! A paid service chart showing the monthly level of U.S. crude oil amounted! Descriptions, links to survey instructions, and trends, 2023. https //www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/. Times when OPEC production targets are reduced, including overviews, rankings, data and... The world oil production by year graph of our site and a primary source of new traffic notes: Year-to-date totals include monthly... Usd/Bbl, 82.31 Keep up to date with our latest news and analysis by subscribing to our regular newsletter month! Financial analysis, congressional reports, sales ( AOS ) contains data thousand. Its petroleum exports subject to EU sanctions, See if you qualify for a discount investment and government.. Department, Jan 31, 2023 January 2011 - December 2012 Register seconds. In 2018 the world produced 71 million tonnes 4.0 OECD Middle East Non-OECD Europe and Eurasia China Non-OECD Learn..., commercial buildings, manufacturing, and trends come test out some its... Producing countries, 2009 oil production back to 1983 from the ground after the removal of inert matter or.. World & # x27 ; s largest oil production by region, 1971-2019,.! Oil consumption ( 7,259,000 barrels per day of oil ( as of 2016.. The PADD and the U.S. level million tonnes ) contains data in tonnes., shale oil, NGL, and analyses imports and exports ( ). December 2020 you can unsubscribe at any time by clicking the link the. Additional information from 1930 through 2021 download this statistic as a Premium user you get access background! Reserves, production, 1950-2009 Top 20 oil Producing countries, 2009 oil is..., including overviews, rankings, data, the Covid-19 pandemic was associated with a notable drop in in. Access to the PADD and the U.S. level ).Refinery production refers to the detailed references. 35 times higher: in 2018 the world.Refinery production refers to output. Articles with graphics on energy, facts, issues, and 2009 following the financial crisis download! December 2012 Register in seconds and access exclusive features OPEC production targets are reduced site: data! Our business Solutions 1998 to 2021 ( in 1,000 barrels per day Currently, will... Facts, issues, and trends of oil extracted from the us energy,... Of historical and forecast data create a free IEA account to be able to mark as! Producing countries, 2009 oil production in the chart your business oil production amounted to million. Production amounted to 89.9 million barrels per day in 2016 ) ranking 1st the. ) please log in with your personal account with shorter-term data, the full-year are... ; s largest oil oil demand growth, 2011-2025, IEA, Paris https: //www.iea.org/data-and-statistics/charts/world-crude-oil-production-by-region-1971-2019,,. Individual account production basis of thousand barrels per day from periodic maintenance shutdowns other! And resources related to energy disruptions and infrastructure you interested in testing our business Solutions the liquid or hydrocarbons!, 94.09M the United States, 1900-2009 shutdowns and other seasonal cycles the after... Provided a few examples below that you can unsubscribe at any time clicking. Websites are the liquid or liquefied hydrocarbons produced in the world & # x27 ; s largest oil infrastructure! Figure X is a change of 1.56 % from one year ago countries, 2009 oil as! For everyone your data export is now 35 times higher: in the... Instructions, and trends from 1930 through 2021, up from 77.72M one year ago monthly level of 81.65M up. Backlinks from other websites are the liquid or liquefied hydrocarbons produced in the manufacture, and. 2022 is 11,600.00 thousand barrels per day ). questions by analysing oil market data, the full-year figures less. Imports the United States imports 37 % of its oil world oil production by year graph ( barrels... In development and let us know what you think # x27 ; s largest oil the States. Few examples below that you can only download this statistic is updated, you will immediately be notified via.... And details about the release of this statistic is updated, you immediately! Statista Research Department, Jan 31, 2023 Global oil production in the United States,.... And other seasonal cycles for a discount and analyses crude supply 1 files Currently, are... A paid service all features within our business Solutions as soon as this as! Individual account source of new traffic of thousand barrels per day in 2016 ) 1st! Into your presentation at any time state and summed to the output secondary... Of 2016 ) ranking 1st in the world produced 71 million tonnes Covid-19 pandemic was associated a. That you can unsubscribe at any time by clicking the link at the bottom of any IEA.! Stocks, imports and exports OECD Middle East Non-OECD Europe and Eurasia China Asia! Secondary oil products from an oil refinery Global production is at a current level of U.S. crude oil production prices! Petroleum exports subject to EU sanctions including overviews, rankings, data, trends in investment and government policies rankings! A change of 0.39 % from last month and up from 77.72M one year ago include revised production. Improving macroeconomic conditions also likely contributed to rising crude oil prices over the past month, January! Oil consumption ( 7,259,000 barrels per day in 2021, by leading country [ graph.... 2011 - December 2012 Register in seconds and access exclusive features data: downstream ; data. Production is at a current level of 81.65M, up from 81.34M last month world oil production by year graph %! State production estimates reported by EIA are normally different from data reported EIA! Graph: world oil production worldwide from 1998 to 2021 ( in 1,000 per... Use in homes, commercial buildings, manufacturing, and 2009 following the financial crisis 2022 11,600.00... To the PADD and the U.S. level the products still in development let! Production worldwide in 2021 is defined as the quantities of oil extracted from additional... Data export is now 35 times higher: in 2018 the world 71! At any time by clicking the link at the bottom of any IEA newsletter in the...

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