USD/MMBtu, 31.22M "Distribution of Crude Oil Production Worldwide in 2021, by Leading Country. We assume Russia will be able to reroute some of its petroleum exports subject to EU sanctions. 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. All Figures. Distribution of crude oil production worldwide in 2021, by leading country [Graph]. Energy use in homes, commercial buildings, manufacturing, and transportation. A paid subscription is required for full access. This organization seeks to actively manage oil production in its member countries by setting production targets. Access to this and all other statistics on 80,000 topics from, Show sources information As a Premium user you get access to the detailed source references and background information about this statistic. In 2021, U.S. oil production was down 1.10 mb/d relative to 2019. 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. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. STEO Data browser Energy & Financial Markets: What Drives Crude Oil Prices? 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. 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%). USD/mt, 80.41 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. Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). 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 . ZIP files contain data in fixed-width TXT format. A 2020 peak oil scenario would place the peak production at 35 billion barrels, which was surpassed in 2018 and 2021. To use individual functions (e.g., mark statistics as favourites, set bbl/d, 75.57 Still, the Covid-19 pandemic was associated with a notable drop in production in 2020. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. 20, 2020: For more than three years starting in January 2017, the alliance known as OPEC+ cut crude oil production in an effort to prevent a glut as U.S. output surged. Values shown are in thousands of barrels produced per day. As a Premium user you get access to background information and details about the release of this statistic. 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. Press release. Global oil consumption per capita is 5 barrels of oil (199 gallons) per person yearly (based on the 2016 world population of 7,464,022,049 people) or 0.5 gallons per capita per day. Licence: CC BY 4.0 OECD Middle East Non-OECD Europe and Eurasia China Non-OECD Asia This interactive map shows the share of electricity that comes from fossil fuels (coal, oil and gas summed together) across the world. June 28, 2022. In the chart here we see the change in global soybean production from 1961 onwards. Learn more about how Statista can support your business. Financial market analysis and financial data for major energy companies. The ideal entry-level account for individual users. "Oil Production Worldwide from 1998 to 2021 (in 1,000 Barrels per Day). This is an extract, full report available as PDF download. All the software and code that we write is open source and made available via GitHub under the permissive MIT license. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. The ideal entry-level account for individual users. (Adobe PDF file) Use Ask Statista Research Service. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. | 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. January 2019 - December 2020 Are you interested in testing our business solutions? The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. (Adobe PDF file) 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. You have permission to use, distribute, and reproduce these in any medium, provided the source and authors are credited. 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. Accessed March 01, 2023. https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP. Latest available data for a fixed period, 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. Interactive visualization requires JavaScript. 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). Maps by energy source and topic, includes forecast maps. (Adobe PDF file) ZIP files contain data in fixed-width TXT format. The level of oil production reached an all-time high in. USD/bbl. U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. Register in seconds and access exclusive features. Total U.S. Oil Production. A paid subscription is required for full access. Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports. This is a change of 1.56% from one year ago. 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. On a production basis of thousand barrels per day. BP. | State energy information, including overviews, rankings, data, and analyses. January 2017 - December 2018 Extended world energy balances, Snapshot of data for a fixed period (data will not change even if updated on the site). 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. 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). EIA's free and open data available as API, Excel add-in, bulk files, and widgets. Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports. Includes hydropower, solar, wind, geothermal, biomass and ethanol. Real Prices Viewer , Energy Price Volatility and Forecast Uncertainty documentation Lesson plans, science fair experiments, field trips, teacher guide, and career corner. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. Need help with your purchase ? Historically, crude oil prices have seen increases in times when OPEC production targets are reduced. January 2015 - December 2016 | Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Then you can access your favorite statistics via the star in the header. Please check your download folder. 7, 2023 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. You need at least a Starter Account to use this feature. Show publisher information This indicator is measured in thousand tonne of oil equivalent (toe).Crude oil is a mineral oil consisting of a mixture of hydrocarbons of natural origin, yellow to black in colour, and of variable density and viscosity. We have also lowered our forecast for oil production in OPEC because of rising global oil inventories. 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. 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. Licence: CC BY 4.0. Short, timely articles with graphics on energy, facts, issues, and trends. 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. The revisions result from China relaxing COVID restrictions, which have increased our forecast of oil demand growth. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. This is now 35 times higher: in 2018 the world produced 71 million tonnes. 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. Table 3.5: World crude oil production by country. Perceptions of a less severe recession and some improving macroeconomic conditions also likely contributed to rising crude oil prices over the past month. Please create an employee account to be able to mark statistics as favorites. You can only download this statistic as a Premium user. Visit our We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. OPEC Crude Oil (excluding condensates) Production, Table 3d. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. statistic alerts) please log in with your personal account. Reports requested by congress or otherwise deemed important. You can only download this statistic as a Premium user. Text Only Create a free IEA account to download our reports or subcribe to a paid service. The share from coal and gas individually can be found . Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data. Oil data: downstream. 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. Data are in kilotonnes. to incorporate the statistic into your presentation at any time. Table 3.6: Non-OPEC oil supply and OPEC NGLs. 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. Get full access to all features within our Business Solutions. 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. World Oil Production Level Chart View Full Chart No data available Historical Data View and export this data back to 1965. Next Release Date: Mar. 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. This statistic was compiled using several releases of the publication. 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). In, BP. Create a free IEA account to download our reports or subcribe to a paid service. Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. Upgrade now. Access to this and all other statistics on 80,000 topics from, Show sources information Last month, we highlighted oil demand in China and oil production in Russia as two of the main uncertainties in the oil market this year, and we have revised our outlook for both in this months forecast. June 28, 2022. Copy the URL to open this chart with all your selections. 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. This statistic is not included in your account. [Online]. 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). This includes crude oil, NGLs, motor gasoline, gas/diesel oil, residual fuel oil and other refined products. Information on 38 OECD Member countries, 14 European non-OECD countries and 7 regional aggregates imports from 170 origins and exports to 168 destinations for 24 products. 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). 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