Level Chart

Level Chart

Basic Info

World Crude Oil Production is at a current level of 73.80M, down from 75.45M last month and down from 83.10M one year ago. This is a change of -2.19% from last month and -11.19% 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 73.80M
Latest Period May 2026
Last Updated Sep 24 2026, 14:04 EDT
Next Release Sep 29 2026, 14:00 EDT (E)
Average Growth Rate 0.73%
Value from Last Month 75.45M
Change from Last Month -2.19%
Value from 1 Year Ago 83.10M
Change from 1 Year Ago -11.19%
Frequency Monthly
Unit Barrels per Day
Adjustment N/A
Download Source File

Historical Data

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Date Value
May 31, 2026 73.80M
April 30, 2026 75.45M
March 31, 2026 76.41M
February 28, 2026 86.78M
January 31, 2026 84.63M
December 31, 2025 85.95M
November 30, 2025 86.08M
October 31, 2025 86.12M
September 30, 2025 86.19M
August 31, 2025 85.06M
July 31, 2025 84.60M
June 30, 2025 84.19M
May 31, 2025 83.10M
April 30, 2025 82.99M
March 31, 2025 83.56M
February 28, 2025 82.46M
January 31, 2025 82.17M
December 31, 2024 82.57M
November 30, 2024 82.13M
October 31, 2024 81.93M
September 30, 2024 80.77M
August 31, 2024 81.85M
July 31, 2024 81.64M
June 30, 2024 81.34M
May 31, 2024 81.63M
Date Value
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
April 30, 2022 79.80M

Basic Info

World Crude Oil Production is at a current level of 73.80M, down from 75.45M last month and down from 83.10M one year ago. This is a change of -2.19% from last month and -11.19% 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 73.80M
Latest Period May 2026
Last Updated Sep 24 2026, 14:04 EDT
Next Release Sep 29 2026, 14:00 EDT (E)
Average Growth Rate 0.73%
Value from Last Month 75.45M
Change from Last Month -2.19%
Value from 1 Year Ago 83.10M
Change from 1 Year Ago -11.19%
Frequency Monthly
Unit Barrels per Day
Adjustment N/A
Download Source File