Crude oil production by year

Crude Oil Production in Saudi Arabia averaged 8153.49 BBL/D/1K from 1973 until 2020, reaching an all time high of 11093 BBL/D/1K in November of 2018 and a record low of 2340 BBL/D/1K in August of 1985. Iraq Crude Oil Production - values, historical data and charts - was last updated on March of 2020. Crude Oil Production in Iraq averaged 2178.56 BBL/D/1K from 1973 until 2020, reaching an all time high of 4830 BBL/D/1K in December of 2016 and a record low of 0 BBL/D/1K in February of 1991.

1 Nov 2018 U.S. crude oil production also realized the “largest year-on-year output increase in its history” in August, according to Bloomberg, surging 2.1  29 Jun 2017 Production fell 1.1% week-over-week but rose 7.3% year-over-year. It's the biggest weekly fall in US crude oil production since July 2016. 25 Apr 2019 India produced 34.2 million tonne of crude oil in the fiscal year ended March 31, down from 35.7 million tonne in the previous year, according to  Graph and download economic data for Crude Oil Production for Qatar ( QATNGDPMOMBD) from 2000 to 2020 about Qatar, crude, REO, oil, and production. Production increased year over year for the first time since 2014 because the number of wells placed on production increased significantly in 2017. Production in 

Chart and table showing yearly production of crude oil by country (World). Data obtained from the US Energy Information Administration.

This means that US oil production will at very best average this year 10.8 -11.0 mbd and around 10 mbd or less in 2020. Russia is the world’s largest crude oil producer at 11.23 mbd compared Production of crude oil by the countries of the world. No information is available for non-listed countries. 1 US barrel corresponds to 158.9873 liters and 0.136 tons of oil. 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. This is a change of -0.55% from last month and -0.05% from one year ago. US Crude Oil Field Production is at a current level of 12.60M, unchanged from 12.60M last week and up from 11.20M one year ago. This is a change of 0.00% from last week and 12.50% from one year ago. Oil - global production 1998-2018 Published by M. Garside, Feb 13, 2020 The level of oil production is currently at an all-time high, with around 94.7 million barrels of oil produced daily in 2018.

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 on a comparable best-estimate basis. Compared with shorter-term data , the full-year figures are less prone to 2017, the highest monthly level of crude oil production in U.S. history.

This means that US oil production will at very best average this year 10.8 -11.0 mbd and around 10 mbd or less in 2020. Russia is the world’s largest crude oil producer at 11.23 mbd compared Production of crude oil by the countries of the world. No information is available for non-listed countries. 1 US barrel corresponds to 158.9873 liters and 0.136 tons of oil. 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. This is a change of -0.55% from last month and -0.05% from one year ago. US Crude Oil Field Production is at a current level of 12.60M, unchanged from 12.60M last week and up from 11.20M one year ago. This is a change of 0.00% from last week and 12.50% from one year ago.

25 Apr 2019 India produced 34.2 million tonne of crude oil in the fiscal year ended March 31, down from 35.7 million tonne in the previous year, according to 

Global crude oil production rose (+2%) driven by explosive growth in the United States (+16.5%) OPEC members in June 2018 agreed to increase oil production to prevent a supply shortage and reduce prices after previous production cuts were deemed excessive and raised prices too much. Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec; 1920: 34,008: 33,193: 36,171: 34,945: 36,622: 36,663: 37,746: 38,906: 37,521: 39,584: 38,609: 38,961: 1921 Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec; 1920: 1,097: 1,145: 1,167: 1,165: 1,181: 1,222: 1,218: 1,255: 1,251: 1,277: 1,287: 1,257: 1921: 1,230: 1,269 EIA forecasts OPEC crude oil production will average 29.2 million barrels per day (b/d) from April through December 2020, up from an average of 28.7 million b/d in the first quarter of 2020. EIA forecasts OPEC crude oil production will rise to an average of 29.4 million b/d in 2021.

US Crude Oil Field Production is at a current level of 12.60M, unchanged from 12.60M last week and up from 11.20M one year ago. This is a change of 0.00% from last week and 12.50% from one year ago.

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. Looking forward, we estimate it to trade at 26.91 in 12 months time. 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 on a comparable best-estimate basis. Compared with shorter-term data, the full-year figures are less prone to distortion from periodic maintenance shutdowns and other seasonal cycles. According to the US Energy Information Administration (EIA), the US crude oil production grew by 11% in 2019, reaching a record level of 12.2 md/d. This growth was spurred by the rising production from tight rock formations using hydraulic fracturing ("fracking") and horizontal drilling.

Decade, Year-0, Year-1, Year-2, Year-3, Year-4, Year-5, Year-6, Year-7, Year-8, Year-9. 1850's, 0. 1860's, 1, 6, 8, 7, 6, 7, 10, 9, 10, 12. 1870's, 14, 14, 17, 24, 30