world oil production by year graph

Profit from the additional features of your individual account. 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 by region Oil consumption per capita Oil production Oil production by region Oil production per capita Oil reserves USD/mt, 80.41 As a Premium user you get access to background information and details about the release of this statistic. The current level of U.S. crude oil production as of February 2022 is 11,600.00 thousand barrels per day. To use individual functions (e.g., mark statistics as favourites, set January 2007 - December 2008 Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last month's STEO. We have also lowered our forecast for oil production in OPEC because of rising global oil inventories. Includes hydropower, solar, wind, geothermal, biomass and ethanol. Licence: CC BY 4.0. Use this code to embed the visualisation into your website. Regional energy information including dashboards, maps, data, and analyses. Create a free IEA account to download our reports or subcribe to a paid service. 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. (June 28, 2022). 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 . 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 The ideal entry-level account for individual users. 7, 2023 History of Global Oil Consumption Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) [Graph]. Oil Imports The United States imports 37% of its oil consumption (7,259,000 barrels per day in 2016). ", 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. Accessed March 01, 2023. https://www.statista.com/statistics/236605/share-of-global-crude-oil-production-of-the-top-15-oil-producing-countries/, BP. Saudi Arabia's oil production has amounted to roughly 11 million barrels of oil per day for the past few years. 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. 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 share from coal and gas individually can be found . 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. A paid subscription is required for full access. Non-OPEC Petroleum and Other Liquids Production, Table 3c. You need a Statista Account for unlimited access. Access to this and all other statistics on 80,000 topics from, Show sources information Organisation for Economic. For both 2023 and 2024, we forecast about 0.4 million b/d more production in Russia than in last months STEO. 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. Oil production worldwide from 1998 to 2021 (in 1,000 barrels per day) Global oil refinery capacity 1970-2021 Global oil refinery capacity 1970-2021 Refinery capacity for crude oil. Our World In Data is a project of the Global Change Data Lab, a registered charity in England and Wales (Charity Number 1186433). You need at least a Starter Account to use this feature. We assume Russia will be able to reroute some of its petroleum exports subject to EU sanctions. January 2017 - December 2018 This is a change of 1.56% from one year ago. Accessed March 01, 2023. https://www.statista.com/statistics/265203/global-oil-production-since-in-barrels-per-day/, BP. It includes crude oil, natural gas liquids (NGLs) and additives. Get full access to all features within our Business Solutions. Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data. . A 2020 peak oil scenario would place the peak production at 35 billion barrels, which was surpassed in 2018 and 2021. "Oil Production Worldwide from 1998 to 2021 (in 1,000 Barrels per Day). U.S. Business Solutions including all features. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Some major series for oil demand and supply for the world and regional aggregates are also included up to 2021 based on preliminary data. 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%). On a production basis of thousand barrels per day. Keep up to date with our latest news and analysis by subscribing to our regular newsletter. We see that global energy consumption has increased nearly every year for more than half a century. Use Ask Statista Research Service. Crude oil production quantities are estimated by state and summed to the PADD and the U.S. level. | Latest available data for a fixed period, Still, the Covid-19 pandemic was associated with a notable drop in production in 2020. This statistic is not included in your account. 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. Macro-economics; Oil data: upstream; Oil data: downstream; Oil trade; Oil transportation; . 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. The United States produces every year an amount equivalent to 15.4% of its total proven reserves (as of 2016). Licence: CC BY 4.0 OECD Middle East Non-OECD Europe and Eurasia China Non-OECD Asia This is a change of 0.39% from last month and 5.06% from one year ago. Annual Oil Statistics (AOS) contains data in thousand tonnes for crude oil, NGL, and 17 petroleum products. ZIP files contain data in fixed-width TXT format. BP. The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. You need at least a Starter Account to use this feature. Create a free IEA account to download our reports or subcribe to a paid service. Values shown are in thousands of barrels produced per day. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter. 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. Need help with your purchase ? Please create an employee account to be able to mark statistics as favorites. 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. Thank you for subscribing. Maps by energy source and topic, includes forecast maps. 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. (Adobe PDF file) Please consult our full legal disclaimer. Energy use in homes, commercial buildings, manufacturing, and transportation. 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 % All the software and code that we write is open source and made available via GitHub under the permissive MIT license. Copy the URL to open this chart with all your selections. 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. This includes crude oil, NGLs, motor gasoline, gas/diesel oil, residual fuel oil and other refined products. Crude oil production is defined as the quantities of oil extracted from the ground after the removal of inert matter or impurities. Basic Info World Oil Production is at a current level of 89.88M, up from 88.49M one year ago. help centre, See if you qualify for a discount. Next Release Date: Mar. In, BP. All Tables This is now 35 times higher: in 2018 the world produced 71 million tonnes. Total U.S. Oil Production. Create a free IEA account to download our reports or subcribe to a paid service. 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. ZIP files contain data in fixed-width TXT format.

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