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 In 2019, around 64% of our electricity came from fossil fuels. 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. The change in global production is shown in the chart. Energy use in homes, commercial buildings, manufacturing, and transportation. Historically, crude oil prices have seen increases in times when OPEC production targets are reduced. Exploration and reserves, storage, imports and exports, production, prices, sales. 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. This is a change of 1.56% from one year ago. Oil accounts for only a small share of electricity production - most come from coal and gas. The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. Please create an employee account to be able to mark statistics as favorites. If you use our chart images on your site or blog, we ask that you provide attribution via a link back to this page. 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. The production volume of vegetable oil in the 2021/22 crop year exceeded 200 million metric tons worldwide. Maps by energy source and topic, includes forecast maps. 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. As a Premium user you get access to background information and details about the release of this statistic. 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. Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. USD/MMBtu, 31.22M (Adobe PDF file) Sign up for email subcriptions to receive messages about specific EIA products. Use Ask Statista Research Service. Business Solutions including all features. You need at least a Starter Account to use this feature. ZIP files contain data in fixed-width TXT format. 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. . Organisation for Economic. Thank you for subscribing. 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. Overview Data sets OECD and selected countries crude supply 1 files Greenhouse gas data, voluntary reporting, electric power plant emissions. 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. 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). Maps, tools, and resources related to energy disruptions and infrastructure. 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%). You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Extended world energy balances, Snapshot of data for a fixed period (data will not change even if updated on the site). help centre, See if you qualify for a discount. State production estimates reported by EIA are normally different from data reported by state agencies. USD/bbl, 6.74 Licence: CC BY 4.0 OECD Middle East Non-OECD Europe and Eurasia China Non-OECD Asia 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. 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). 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. History of Global Oil Consumption As soon as this statistic is updated, you will immediately be notified via e-mail. 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. 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 Correspondingly, our forecast spot price of Brent crude oil falls to an average of $82/b in 2H23 and $78/b in 2024. June 28, 2022. "Oil Production Worldwide from 1998 to 2021 (in 1,000 Barrels per Day). Palm oil production has increased rapidly over the past 50 years. 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. Access to this and all other statistics on 80,000 topics from, Show sources information 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. Includes hydropower, solar, wind, geothermal, biomass and ethanol. 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 need a Statista Account for unlimited access. MTBE and tetraethyl lead).Refinery production refers to the output of secondary oil products from an oil refinery. You only have access to basic statistics. Stats Related Indicators World Energy Please check your download folder. IEA, Global oil demand growth, 2011-2025, IEA, Paris https://www.iea.org/data-and-statistics/charts/global-oil-demand-growth-2011-2025, IEA. All Tables In the chart here we see the change in global soybean production from 1961 onwards. Oil Imports The United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016). The ideal entry-level account for individual users. Values shown are in thousands of barrels produced per day. USD/thou cf, 94.09M 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. Provides custom data views of historical and forecast data Please do not hesitate to contact me. Copy the URL to open this chart with all your selections. 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. [Online]. Get full access to all features within our Business Solutions. Figures were restated based on the latest report. (Adobe PDF file), West Texas Intermediate crude oil price and NYMEX 95% confidence intervals In addition, the table includes data on inland deliveries by sector: transformation, energy, transport, industry and other sectors, as well as the non-energy use. 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. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Create a free IEA account to download our reports or subcribe to a paid service. Global energy consumption continues to grow, but it does seem to be slowing - averaging around 1% to 2% per year. 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. This statistic was compiled using several releases of the publication. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Visit our Perceptions of a less severe recession and some improving macroeconomic conditions also likely contributed to rising crude oil prices over the past month. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. NGLs are the liquid or liquefied hydrocarbons produced in the manufacture, purification and stabilisation of natural gas. We expect that the Brent spot price will average $85/b in the first half of 2023 (1H23). Crude Oil Prices - 70 Year Historical Chart, LIMIT THE USE OF MY SENSITIVE PERSONAL INFORMATION, U.S. Crude Oil Production - Historical Chart. Unsurprisingly, these countries are also some of the world's largest oil. 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. Currently, you are using a shared account. We assume Russia will be able to reroute some of its petroleum exports subject to EU sanctions. Table 3.6: Non-OPEC oil supply and OPEC NGLs. 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. You can only download this statistic as a Premium user. 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 . This is a change of 1.56% from one year ago. 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. Figure X *Data from the U.S. DOE/EIA. We have also lowered our forecast for oil production in OPEC because of rising global oil inventories. 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 You need a Statista Account for unlimited access. Data are in kilotonnes. Non-OECD Asia excludes China. This is now 350 million tonnes. Get full access to all features within our Business Solutions. Please consult our full legal disclaimer. "Distribution of Crude Oil Production Worldwide in 2021, by Leading Country. You only have access to basic statistics. USD/bbl, 20.15 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 . Forms EIA uses to collect energy data including descriptions, links to survey instructions, and additional information. | [Graph], US Department of . Learn more about how Statista can support your business. This is now 35 times higher: in 2018 the world produced 71 million tonnes. Financial market analysis and financial data for major energy companies. All the software and code that we write is open source and made available via GitHub under the permissive MIT license. January 2015 - December 2016 June 28, 2022. Data are in kilotonnes. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. Profit from the additional features of your individual account. Table 3.7: World biofuel production. 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. ", 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. Chart. ZIP files contain data in fixed-width TXT format. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Statista. 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). This also excludes liquid fuel adjustment factors such as refinery processing gain, as well as oil shales/kerogen extracted in solid form. USD/mt, 80.41 Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. All Figures. World crude oil price vs. oil consumption. Licence: CC BY 4.0. | Country aggregates for OECD Total, OECD Americas, OECD Asia Oceania, OECD Europe, IEA 30, EU27 (excluding the United Kingdom) and EU28 are also included. 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. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. The level of oil production reached an all-time high in. Saudi Arabia's oil production has amounted to roughly 11 million barrels of oil per day for the past few years. Note Apr. USD/bbl, 80.90 A paid subscription is required for full access. 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. 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. Then you can access your favorite statistics via the star in the header. Total U.S. Oil Production. Chart. 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. U.S. Crude Oil Production, Imports, Exports, Stocks, Supply, Prices, Data and Analysis from Energy Information Administration (U.S. Dept. 7, 2023 U.S. 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. Create a free IEA account to download our reports or subcribe to a paid service. In 2021, U.S. oil production was down 1.10 mb/d relative to 2019. 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. Table 3.5: World crude oil production by country. Are you interested in testing our business solutions? It includes crude oil, natural gas liquids (NGLs) and additives. Non-OPEC Petroleum and Other Liquids Production, Table 3c. Charts. Show publisher information As a Premium user you get access to the detailed source references and background information about this statistic. Licenses: All visualizations, data, and articles produced by Our World in Data are open access under the Creative Commons BY license. Values shown are in thousands of barrels produced per day. 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. State energy information, including overviews, rankings, data, and analyses. World Oil Production Level Chart View Full Chart No data available Historical Data View and export this data back to 1965. bbl/d, 12.67 Daily and cumulative crude oil production in OPEC Members. Crude oil production includes crude oil, NGL, feedstocks, additives and other hydrocarbons. 317.99 ZIP files contain data in fixed-width TXT format. 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. Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . bbl/d, 75.57 statistic alerts) please log in with your personal account. Compared with shorter-term data, the full-year figures are less prone to distortion from periodic maintenance shutdowns and other seasonal cycles. Release Date: Feb. 7, 2023 | ZIP files contain data in fixed-width TXT format. Business Solutions including all features. (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). On a production basis of thousand barrels per day. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. Profit from the additional features of your individual account. 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 % 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 .
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