World Crude Oil Production:

82.52M bbl/d for Oct 2019
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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.

World Crude Oil Production is at a current level of 82.52M, up from 80.79M last month and down from 84.52M one year ago. This is a change of 2.14% from last month and -2.36% from one year ago.

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Historical Data

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Export Data Date Range:
Data for this Date Range  
Oct. 31, 2019 82.52M
Sept. 30, 2019 80.79M
Aug. 31, 2019 82.38M
July 31, 2019 81.43M
June 30, 2019 81.78M
May 31, 2019 81.67M
April 30, 2019 82.31M
March 31, 2019 82.59M
Feb. 28, 2019 82.69M
Jan. 31, 2019 83.04M
Dec. 31, 2018 84.40M
Nov. 30, 2018 84.72M
Oct. 31, 2018 84.52M
Sept. 30, 2018 83.33M
Aug. 31, 2018 83.31M
July 31, 2018 82.76M
June 30, 2018 82.31M
May 31, 2018 81.65M
April 30, 2018 81.90M
March 31, 2018 82.26M
Feb. 28, 2018 82.46M
Jan. 31, 2018 82.31M
Dec. 31, 2017 81.73M
Nov. 30, 2017 82.01M
Oct. 31, 2017 81.34M
   
Sept. 30, 2017 81.19M
Aug. 31, 2017 80.98M
July 31, 2017 81.59M
June 30, 2017 81.08M
May 31, 2017 80.53M
April 30, 2017 79.93M
March 31, 2017 80.35M
Feb. 28, 2017 81.16M
Jan. 31, 2017 81.17M
Dec. 31, 2016 82.09M
Nov. 30, 2016 82.63M
Oct. 31, 2016 81.57M
Sept. 30, 2016 80.43M
Aug. 31, 2016 80.06M
July 31, 2016 80.61M
June 30, 2016 79.89M
May 31, 2016 79.19M
April 30, 2016 79.78M
March 31, 2016 80.68M
Feb. 29, 2016 80.71M
Jan. 31, 2016 81.47M
Dec. 31, 2015 81.45M
Nov. 30, 2015 81.29M
Oct. 31, 2015 80.71M
Sept. 30, 2015 80.56M

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Stats

Last Value 82.52M
Latest Period Oct 2019
Last Updated Jan 30 2020, 14:01 EST
Average Growth Rate 1.03%
Value from 1 Year Ago 84.52M
Change from 1 Year Ago -2.36%
Frequency Monthly
Unit Barrels per Day
Adjustment N/A
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