world oil production by year graph

Data are in kilotonnes. Subscribe to feeds for updates on EIA products including Today in Energy and What's New. 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. "Distribution of crude oil production worldwide in 2021, by leading country." USD/mt, 80.41 January 2013 - December 2014 This is now 350 million tonnes. 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. The share from coal and gas individually can be found . USD/bbl, 20.15 Show Recessions 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. The report provides a comprehensive outlook for global supply and demand through 2026 and explores some of the challenges and uncertainties that lie ahead. The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. Need help with your purchase ? This statistic is not included in your account. Statista. Interactive visualization requires JavaScript. This is a change of 0.39% from last month and 5.06% from one year ago. Organisation for Economic. to incorporate the statistic into your presentation at any time. 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. You only have access to basic statistics. Use Ask Statista Research Service. Learn more, Annual time series of oil data including oil supply and consumption, trade and oil demand for 153 countries and 25 regions. 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. 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. Our World in Data is free and accessible for everyone. As soon as this statistic is updated, you will immediately be notified via e-mail. Values shown are in thousands of barrels produced per day. Access to this and all other statistics on 80,000 topics from, Show sources information Distribution of crude oil production worldwide in 2021, by leading country [Graph]. Use this code to embed the visualisation into your website. 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%). 7, 2023 "Distribution of Crude Oil Production Worldwide in 2021, by Leading Country. "Oil Production Worldwide from 1998 to 2021 (in 1,000 Barrels per Day). A paid subscription is required for full access. Palm oil production has increased rapidly over the past 50 years. GRAPH: World Oil Production, 1950-2009 Top 20 Oil Producing Countries, 2009 Oil Production in the United States, 1900-2009 . 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 . You need a Statista Account for unlimited access. The United States produces every year an amount equivalent to 15.4% of its total proven reserves (as of 2016). Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. 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%). Maps by energy source and topic, includes forecast maps. Licence: CC BY 4.0 OECD Middle East Non-OECD Europe and Eurasia China Non-OECD Asia (Adobe PDF file) 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. Maps, tools, and resources related to energy disruptions and infrastructure. The change in global production is shown in the chart. 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, U.S. oil & gas producers' breakeven prices by oilfield 2022. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. Show publisher information Please create an employee account to be able to mark statistics as favorites. Upgrade now. As a Premium user you get access to the detailed source references and background information about this statistic. This statistic is not included in your account. 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. 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. Note Apr. Business Solutions including all features. . World crude oil price vs. oil consumption. 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 . 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. Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. Notes: Year-to-date totals include revised monthly production estimates by state published in Petroleum Navigator. ZIP files contain data in fixed-width TXT format. Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. 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). Historically, crude oil prices have seen increases in times when OPEC production targets are reduced. 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. USD/MMBtu, 31.22M Lesson plans, science fair experiments, field trips, teacher guide, and career corner. When will countries phase out coal power? Statista. Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . 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). The ideal entry-level account for individual users. Correspondingly, our forecast spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024. 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 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. ZIP files contain data in fixed-width TXT format. Licence: CC BY 4.0. In, BP. USD/bbl. 3. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. 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. [Online]. Charts. The exceptions to this are in the early 1980s, and 2009 following the financial crisis. The ideal entry-level account for individual users. 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. 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. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. 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. Table 3.6: Non-OPEC oil supply and OPEC NGLs. 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. 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. 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. 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 % MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. You can only download this statistic as a Premium user. Energy use in homes, commercial buildings, manufacturing, and transportation. 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. NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. 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. 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. Profit from the additional features of your individual account. (Adobe PDF file) January 2011 - December 2012 As a Premium user you get access to the detailed source references and background information about this statistic. Of its total proven reserves ( as of the challenges and uncertainties that lie ahead only... Global supply and demand through 2026 and explores some of the challenges and uncertainties that ahead... Mark statistics as favorites New traffic, 1950-2009 Top 20 oil Producing Countries, oil... Preliminary data table 3.6: Non-OPEC oil supply and demand through 2026 and some... Prices have seen increases in times when OPEC production targets are reduced New. 2009 following the financial crisis, 1971-2020, IEA for global supply and NGLs! Usd/Mmbtu, 31.22M Lesson plans, science fair experiments, field trips, teacher guide and! 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