What is current world oil production?
World Crude Oil Production is at a current level of 80.62M, up from 79.65M last month and up from 73.87M one year ago. This is a change of 1.22% from last month and 9.14% from one year ago. Report. International Energy Statistics. Category.
How many barrels of oil are produced a day 2021?
16.582 million barrels per day
EIA’s preliminary data for 2021 indicates that U.S. total petroleum production averaged about 16.582 million barrels per day (b/d), which included: crude oil—11.185 million b/d. natural gas liquids—5.397 million b/d.
How much oil is produced per day in the world?
88.4 million barrels per day
Global oil production amounted to 88.4 million barrels per day in 2020. The level of oil production reached an all-time high in 2019, at around 95 million barrels.
How many barrels of oil are produced a day in 2020?
11.3 million barrels per day
U.S. crude oil production averaged 11.3 million barrels per day (b/d) in 2020, down 935,000 b/d (8%) from the record annual average high of 12.2 million b/d in 2019. The 2020 decrease in production was the largest annual decline in the U.S. Energy Information Administration’s records.
Is oil production Up in 2022?
We expect that GOM crude oil production will average 1.8 million barrels per day (MMb/d) in 2023, about the same as in 2022. Currently, no GOM fields are scheduled to start up in 2023.
Which country has the most oil 2021?
Here are the 10 countries with the most oil reserves:
- Venezuela (303.8)
- Saudi Arabia (297.5)
- Canada (168.1)
- Iran (157.8)
- Iraq (145)
- Russia (107.8)
- Kuwait (101.5)
- United Arab Emirates (97.8)
How many barrels of oil are produced a day 2022?
11.91 million bpd
NEW YORK, May 10 (Reuters) – U.S. crude oil output is expected to rise 720,000 barrels per day to 11.91 million bpd in 2022, the government said in a monthly forecast on Tuesday.
Who is the number 1 oil producer in the world?
the United States
The US also consumes more oil than any other country worldwide. In addition to being the world’s largest oil producer, the United States also imports upwards of 8 million barrels of oil per day.
How much oil did we produce in 2021?
The U.S. remained the largest producer of oil and gas in the world, producing over 4 billion barrels of crude oil in 2021.
What is included in the latest OECD report on oil production?
This report includes the latest monthly data on oil production for all OECD member countries, and imports, exports, refinery outputs, and net deliveries for major product categories for all OECD regions. It also includes total oil stock levels and stock changes for major product categories for all OECD member countries.
How much crude oil is produced per day?
Create an Alert The World Crude Oil Production measures the number of barrels of crude oil that are produced per day in the world. World Crude Oil Production is at a current level of 81.60M, down from 82.05M last month and down from 81.64M one year ago.
How much crude oil was produced in May 2020?
71.37M bbl/d for May 2020. Loading… World Crude Oil Production is at a current level of 71.37M, down from 82.79M last month and down from 81.69M one year ago. This is a change of -13.79% from last month and -12.63% from one year ago. The World Crude Oil Production measures the number of barrels of crude oil that are produced per day in the world.
What is included in the oil market index?
It also includes total oil stock levels and stock changes for major product categories for all OECD member countries. Latest monthly data on oil production, imports, exports, refinery outputs, deliveries and stocks for all OECD Member countries through September 2021.