Level Chart

Basic Info

World Crude Oil Production is at a current level of 86.36M, down from 86.43M last month and up from 82.01M one year ago. This is a change of -0.08% from last month and 5.31% 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. Production has steadily increased over time, except in the 80s when production was lessened worldwide. This metric has been indicative to crude oil spot prices. An example of this is in 1990 when production steeply declined, leading to the WTI Crude Oil and Brent Crude Oil Spot prices to abrubtly increase.

Stats

Last Value 86.36M
Latest Period Oct 2025
Last Updated Feb 24 2026, 14:07 EST
Next Release Mar 26 2026, 14:00 EDT (E)
Average Growth Rate 1.02%
Value from Last Month 86.43M
Change from Last Month -0.08%
Value from 1 Year Ago 82.01M
Change from 1 Year Ago 5.31%
Frequency Monthly
Unit Barrels per Day
Adjustment N/A
Download Source File

Historical Data

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Date Value
October 31, 2025 86.36M
September 30, 2025 86.43M
August 31, 2025 85.29M
July 31, 2025 84.82M
June 30, 2025 84.38M
May 31, 2025 83.29M
April 30, 2025 83.21M
March 31, 2025 83.78M
February 28, 2025 82.63M
January 31, 2025 82.37M
December 31, 2024 82.64M
November 30, 2024 82.21M
October 31, 2024 82.01M
September 30, 2024 80.86M
August 31, 2024 81.94M
July 31, 2024 81.72M
June 30, 2024 81.41M
May 31, 2024 81.72M
April 30, 2024 82.43M
March 31, 2024 82.97M
February 29, 2024 82.54M
January 31, 2024 81.84M
December 31, 2023 83.24M
November 30, 2023 82.93M
October 31, 2023 82.11M
Date Value
September 30, 2023 81.76M
August 31, 2023 80.78M
July 31, 2023 81.25M
June 30, 2023 81.97M
May 31, 2023 81.37M
April 30, 2023 82.09M
March 31, 2023 82.38M
February 28, 2023 82.46M
January 31, 2023 81.97M
December 31, 2022 81.80M
November 30, 2022 82.38M
October 31, 2022 82.11M
September 30, 2022 82.13M
August 31, 2022 81.58M
July 31, 2022 80.58M
June 30, 2022 79.51M
May 31, 2022 79.29M
April 30, 2022 79.80M
March 31, 2022 80.73M
February 28, 2022 80.69M
January 31, 2022 79.86M
December 31, 2021 79.63M
November 30, 2021 80.01M
October 31, 2021 79.10M
September 30, 2021 77.80M

Basic Info

World Crude Oil Production is at a current level of 86.36M, down from 86.43M last month and up from 82.01M one year ago. This is a change of -0.08% from last month and 5.31% 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. Production has steadily increased over time, except in the 80s when production was lessened worldwide. This metric has been indicative to crude oil spot prices. An example of this is in 1990 when production steeply declined, leading to the WTI Crude Oil and Brent Crude Oil Spot prices to abrubtly increase.

Stats

Last Value 86.36M
Latest Period Oct 2025
Last Updated Feb 24 2026, 14:07 EST
Next Release Mar 26 2026, 14:00 EDT (E)
Average Growth Rate 1.02%
Value from Last Month 86.43M
Change from Last Month -0.08%
Value from 1 Year Ago 82.01M
Change from 1 Year Ago 5.31%
Frequency Monthly
Unit Barrels per Day
Adjustment N/A
Download Source File