Help us do this work by making a donation. (June 28, 2022). Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Please check your download folder. Palm oil production has increased rapidly over the past 50 years. 1 Back in the 1960s, we were producing 20 to 30 million tonnes per year. Subscribe to feeds for updates on EIA products including Today in Energy and What's New. January 2019 - December 2020 ZIP files contain data in fixed-width TXT format. 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. Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). January 2017 - December 2018 [Online]. We expect that the Brent spot price will average $85/b in the first half of 2023 (1H23). 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. Profit from the additional features of your individual account. 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. Still, the Covid-19 pandemic was associated with a notable drop in production in 2020. 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). Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. | . 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. 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 Are you interested in testing our business solutions? The production volume of vegetable oil in the 2021/22 crop year exceeded 200 million metric tons worldwide. All Figures. 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. USD/bbl, 6.74 (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). Register in seconds and access exclusive features. Business Solutions including all features. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. Forms EIA uses to collect energy data including descriptions, links to survey instructions, and additional information. USD/mt, 80.41 statistic alerts) please log in with your personal account. Published by Statista Research Department , Jan 31, 2023 Global oil production amounted to 89.9 million barrels per day in 2021. 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. Data are in kilotonnes. "Distribution of crude oil production worldwide in 2021, by leading country." The ideal entry-level account for individual users. Maps by energy source and topic, includes forecast maps. 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 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). The revisions result from China relaxing COVID restrictions, which have increased our forecast of oil demand growth. 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. Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. Currently, you are using a shared account. 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 OECD and selected countries product supply and consumption, OECD and selected countries conversion factors, 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. Learn more, Annual time series of oil data including oil supply and consumption, trade and oil demand for 153 countries and 25 regions. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. (June 28, 2022). In 2021, U.S. oil production was down 1.10 mb/d relative to 2019. We see that global energy consumption has increased nearly every year for more than half a century. This is a change of 0.39% from last month and 5.06% from one year ago. Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. In, BP. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. This statistic was compiled using several releases of the publication. The change in global production is shown in the chart. Accessed March 01, 2023. https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP. 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. Profit from the additional features of your individual account. [Graph], US Department of . Data are in kilotonnes. 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. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. ", 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. USD/bbl, 20.15 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. Get full access to all features within our Business Solutions. [Online]. Chart. 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. Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. Values shown are in thousands of barrels produced per day. Notes: Year-to-date totals include revised monthly production estimates by state published in Petroleum Navigator. Charts. 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. State production estimates reported by EIA are normally different from data reported by state agencies. Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data. Create a free IEA account to download our reports or subcribe to a paid service. The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. Organisation for Economic Co-operation and Development (OECD), Source: 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. Basic Info World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. 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. Then you can access your favorite statistics via the star in the header. "Distribution of Crude Oil Production Worldwide in 2021, by Leading Country. Next Release Date: Mar. Oil Imports The United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016). Create a free IEA account to download our reports or subcribe to a paid service. MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. Real Prices Viewer , Energy Price Volatility and Forecast Uncertainty documentation Stats 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 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. Statista. If you are an admin, please authenticate by logging in again. Licence: CC BY 4.0. | Distribution of crude oil production worldwide in 2021, by leading country [Graph]. Access to this and all other statistics on 80,000 topics from, Show sources information Non-OECD Asia excludes China. World Oil Production Level Chart View Full Chart No data available Historical Data View and export this data back to 1965. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. Thank you for subscribing. January 2021 - Current Month of Energy) . 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. You only have access to basic statistics. 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. You can only download this statistic as a Premium user. 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. 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. Global production today is more than 13 times higher than it was in the early 1960s. Table 3.6: Non-OPEC oil supply and OPEC NGLs. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. 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. Interactive visualization requires JavaScript. Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports. Energy & Financial Markets: What Drives Crude Oil Prices? Keep up to date with our latest news and analysis by subscribing to our regular newsletter. June 28, 2022. World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. 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). The level of oil production reached an all-time high in. (Adobe PDF file), West Texas Intermediate crude oil price and NYMEX 95% confidence intervals Uranium fuel, nuclear reactors, generation, spent fuel. Copy the URL to open this chart with all your selections. Upgrade now. 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 % 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. Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. Please do not hesitate to contact me. "Oil Production Worldwide from 1998 to 2021 (in 1,000 Barrels per Day). | We assume Russia will be able to reroute some of its petroleum exports subject to EU sanctions. As soon as this statistic is updated, you will immediately be notified via e-mail. You need at least a Starter Account to use this feature. Then you can access your favorite statistics via the star in the header. NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. Are you interested in testing our business solutions? 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. The share from coal and gas individually can be found . Oil accounts for only a small share of electricity production - most come from coal and gas. Greenhouse gas data, voluntary reporting, electric power plant emissions. 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. 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