Oil Production by Country (2020) Examination of the oil production output capabilities of countries. Oil remains the lifeblood of any war effort today and drives many components of the modern military complex including aircraft, vehicles, warships, small arms, and general industry. Source: United Nations Statistics Division. The Energy Statistics Database contains comprehensive energy statistics on the production, trade, conversion and final consumption of primary and secondary; conventional and non-conventional; and new and renewable sources of energy. The Energy Statistics dataset, covering the period from 1990 onwards, World Crude Oil Production is at a current level of 81.71M, down from 81.74M last month and down from 82.30M one year ago. This is a change of -0.03% from last month and -0.72% from one year ago. Due to mass/volume conversion factors, sum of oil products (Fuel Oil, Gas Diesel Oil, Gasoline, Kerosene, LPG) may exceed total oil products when data are converted from originally reported unit(s) to Jodi Organisations. Please consult Country Information to find the reporting unit(s) of each country. Historical Production Data OPEC Member Countries’ historical production data, directly communicated or based on secondary sources, are available in OPEC’s Monthly Oil Market Reports. These reports can be viewed here . Crude Oil decreased 30.71 USD/BBL or 50.19% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Crude oil reached an all time high of 147.27 in July of 2008.
14 Nov 2019 Here are the top oil producing countries in the world. For instance, 1,000 barrels of WTI crude oil is considered exactly the same product The largest proven crude oil reserves in Africa are in Libya, which holds over 48.40 According to current estimates, 79.4% of the world's proven oil reserves are located in OPEC Member Countries, with the bulk of OPEC oil reserves in the Middle In depth view into World Crude Oil Production including historical data from 1973, charts and stats. In most oil-producing countries there exists an important authority not At the same time, the result is also a decrease in the price of crude oil and for 13 oil- producing countries in the Middle East, Africa and South America, and Indonesia.
This is a list of countries by oil production, as compiled from the U.S. Energy Information The volumes in the table represent crude oil and lease condensate , the hydrocarbon liquids collected at or near the 86, South Africa, 2,000, 35. Rank (total), Country, Total (barrels per day), per Capita (liters per year), per km² ( liters per day), Date. 1, Russia, 10,250,000, 4,127.86, 99.50, 2015 est. 2, Saudi Crude Oil Production. World; Europe · America · Asia · Africa · Australia · G20. Country, Million barrels per day, Share of world total 2 Production includes domestic production of crude oil, all other petroleum liquids, biofuels, and refinery
13 Sep 2018 In February, U.S. crude oil production exceeded that of Saudi Arabia for Asia, Africa, the Middle East, South America, North America, and the Company-wise Monthly Production of Crude Oil (2000-2020) · Company-wise India Position in Production of Crude Petroleum among the BRICS Countries Norway's Crude Oil: Production data remains active status in CEIC and is reported by Organization of the Petroleum Exporting Countries. The data is Since reserves in many countries, mainly OPEC countries, are not audited by external sources, reporting agencies are likely to have overestimated potential oil 25 Feb 2020 The world's biggest crude exporter hinted in December, when the coalition revised the terms of its pact, that other nations should do more to 23 May 2018 (The figure includes all hydrocarbons such as natural gas, crude oil and others.) That puts the US well ahead of other major producers, Of the 42 largest oil producing countries in the world, representing roughly 98% of “oil” differ from source to source: Some count only conventional crude plus
Cost of Producing a Barrel of Crude Oil by Country. Slump of oil prices does not slow oil production immediately as it does with investment according to historical evidence. On the contrary, it affects future production through decreased investment in exploration and development of new fields. Under this definition, total world oil production in 2019 averaged 80,622,000 barrels per day. Approximately 68% came from the top ten countries, and an overlapping 44% came from the fourteen current OPEC members, in the table below. The top three producers have in recent history been (alphabetically) Russia, Saudi Arabia, and the United States. World oil production data varies, depending on the database. Also, the definitions of “oil” differ from source to source: Some count only conventional crude plus lease condensates, while others will include natural gas liquids and unconventional sources such as synthetic oil made from Canadian tar sands, biofuels, and other liquids.