Level Chart

Level Chart

Basic Info

World Crude Oil Production is at a current level of 78.37M, up from 73.99M last month and down from 84.24M one year ago. This is a change of 5.93% from last month and -6.96% 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 78.37M
Latest Period Jun 2026
Last Updated Oct 27 2026, 14:06 EDT
Average Growth Rate 0.85%
Value from Last Month 73.99M
Change from Last Month 5.93%
Value from 1 Year Ago 84.24M
Change from 1 Year Ago -6.96%
Frequency Monthly
Unit Barrels per Day
Adjustment N/A
Download Source File

Historical Data

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Date Value
June 30, 2026 78.37M
May 31, 2026 73.99M
April 30, 2026 75.39M
March 31, 2026 76.41M
February 28, 2026 86.78M
January 31, 2026 84.63M
December 31, 2025 86.13M
November 30, 2025 86.25M
October 31, 2025 86.28M
September 30, 2025 86.29M
August 31, 2025 85.10M
July 31, 2025 84.62M
June 30, 2025 84.24M
May 31, 2025 83.19M
April 30, 2025 83.09M
March 31, 2025 83.60M
February 28, 2025 82.46M
January 31, 2025 82.17M
December 31, 2024 82.64M
November 30, 2024 82.20M
October 31, 2024 81.96M
September 30, 2024 80.81M
August 31, 2024 81.83M
July 31, 2024 81.64M
June 30, 2024 81.30M
Date Value
May 31, 2024 81.63M
April 30, 2024 82.34M
March 31, 2024 82.87M
February 29, 2024 82.47M
January 31, 2024 81.85M
December 31, 2023 83.24M
November 30, 2023 82.93M
October 31, 2023 82.11M
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

Basic Info

World Crude Oil Production is at a current level of 78.37M, up from 73.99M last month and down from 84.24M one year ago. This is a change of 5.93% from last month and -6.96% 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 78.37M
Latest Period Jun 2026
Last Updated Oct 27 2026, 14:06 EDT
Average Growth Rate 0.85%
Value from Last Month 73.99M
Change from Last Month 5.93%
Value from 1 Year Ago 84.24M
Change from 1 Year Ago -6.96%
Frequency Monthly
Unit Barrels per Day
Adjustment N/A
Download Source File