Graph of world oil production
Interestingly enough, 2010 was also the time that Crude Oil prices plummeted because of supply and demand concerns. World Oil Consumption is at a current level of 99.84M, up from 98.41M one year ago. This is a change of 1.46% from one year ago. The eighth largest producer of oil is Kuwait. unlike many oil producing countries, this Western Asian nation experienced a serious drop in oil production rates between 2016 and 2017. In the year 2016, Kuwait derived 3,072,000 barrels per day of oil, compared to the rate of 2,652,000 BPD in 2017. The United States is the top oil-producing country in the world, with an average of 14.86 million b/d, which accounts for 15.3% of the world's production. This is down from 15.12 million b/d in 2015, but it was enough to land the United States in the top spot, which it has held for the past four prior years. Per capita consumption data for 2011 by continent is coming up strangely. For global consumption of 529 Quad BTUs, it's showing per capita 9.5 trillion BTUs (which would assume a world pop. ~56,000).
This is a list of countries by oil production, as compiled from the U.S. Energy Information Administration database for calendar year 2019, tabulating all countries
17 Jul 2013 Some of his graphs are worth a thousand reports, and have shown Oil production, in particular from OPEC countries, is badly reported 29 Jul 2010 GRAPH: World Oil Production, 1950-2009. Top 20 Oil Producing Countries, 2009 . Oil Production in the United States, 1900-2009. GRAPH: Oil A discussion of crude oil prices and the conflicting goals of market share and high prices. Click on graph for larger view. During the first half of the Crude Oil Production: World, OPEC, United States, Persian Gulf, OAPEC Click on graph for Note that the original data set does not consider all the countries of the world. " Production" includes crude oil, shale oil, oil sands and NLGs, "consumption" 6 Mar 2018 Fifteen years ago I was traveling the world with a Powerpoint presentation featuring a graph of U.S. oil production history. That graph showed a
World Oil provides news, oil prices, data, statistics, shale reports and upstream industry trends relating to the exploration, drilling, completion and production of oil and gas, both onshore and
In February 2015, crude oil production outside Canada (tars sands) and the US (shale oil) was back to 2014 levels Update June 2015 Contrary to public misinformation the Middel East countries Kuwait, Saudi Arabia, Qatar and Oman reduced their production by 620 kb/d between August and November 2014. Crude oil - data, forecasts, historical chart - was last updated on March of 2020. Historically, Crude oil reached an all time high of 147.27 in July of 2008. Crude oil is expected to trade at 31.29 USD/BBL by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Source: Adapted from BP Statistical Review of World Energy. The oldest continuously operated oil well, called McClintock #1, is located south of Titusville, Pennsylvania and started operations in 1861. Its initial output was about 50 barrels of oil per day and after more than 155 years of operation, the well still produces about 1 barrel per day. The United States of America is the top country by production of crude oil in the world. As of December 2019, production of crude oil in the United States of America was 12,861.29 thousand barrels per day. The top 5 countries also includes Russian Federation, Saudi Arabia, Iraq, and Canada. Interestingly enough, 2010 was also the time that Crude Oil prices plummeted because of supply and demand concerns. World Oil Consumption is at a current level of 99.84M, up from 98.41M one year ago. This is a change of 1.46% from one year ago. The eighth largest producer of oil is Kuwait. unlike many oil producing countries, this Western Asian nation experienced a serious drop in oil production rates between 2016 and 2017. In the year 2016, Kuwait derived 3,072,000 barrels per day of oil, compared to the rate of 2,652,000 BPD in 2017. The United States is the top oil-producing country in the world, with an average of 14.86 million b/d, which accounts for 15.3% of the world's production. This is down from 15.12 million b/d in 2015, but it was enough to land the United States in the top spot, which it has held for the past four prior years.
30 Apr 2019 According to the EIA (U.S. Energy Information Administration), the United States, Saudi Arabia, and Russia are the world's top three crude oil
Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Values shown are in thousands of barrels produced per day. The current level of U.S. crude oil production as of March 2020 is 13,000.00 thousand barrels per day.
Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Values shown are in thousands of barrels produced per day. The current level of U.S. crude oil production as of March 2020 is 13,000.00 thousand barrels per day.
Update May 2019 with data up to December 2018 More details are here: 10/6/ 2019 World crude production outside US and Iraq is flat since 2005 19 Nov 2019 4800 -80 0 80 160 240. IEA. All Rights Reserved. Crude oil and NGL production; Total oil demand; Supply-Demand gap (secondary axis) Chart and table showing yearly production of crude oil by country (World). Data obtained from the US Energy Information Administration.
While Russia has fallen in the ranks, it remains one of the world's top oil producers, with an average of 11.4 million b/d in 2018, accounting for 11% of total world production.