Level Chart


Level Chart

Basic Info

World Crude Oil Production is at a current level of 84.53M, down from 85.94M last month and up from 82.21M one year ago. This is a change of -1.64% from last month and 2.82% 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 84.53M
Latest Period Jan 2026
Last Updated May 26 2026, 14:03 EDT
Next Release Jun 25 2026, 14:00 EDT (E)
Average Growth Rate 0.98%
Value from Last Month 85.94M
Change from Last Month -1.64%
Value from 1 Year Ago 82.21M
Change from 1 Year Ago 2.82%
Frequency Monthly
Unit Barrels per Day
Adjustment N/A
Download Source File

Historical Data

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Date Value
January 31, 2026 84.53M
December 31, 2025 85.94M
November 30, 2025 86.14M
October 31, 2025 86.17M
September 30, 2025 86.23M
August 31, 2025 85.10M
July 31, 2025 84.62M
June 30, 2025 84.22M
May 31, 2025 83.13M
April 30, 2025 83.04M
March 31, 2025 83.60M
February 28, 2025 82.48M
January 31, 2025 82.21M
December 31, 2024 82.63M
November 30, 2024 82.20M
October 31, 2024 81.99M
September 30, 2024 80.84M
August 31, 2024 81.92M
July 31, 2024 81.70M
June 30, 2024 81.40M
May 31, 2024 81.71M
April 30, 2024 82.42M
March 31, 2024 82.96M
February 29, 2024 82.55M
January 31, 2024 81.85M
Date Value
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
March 31, 2022 80.73M
February 28, 2022 80.69M
January 31, 2022 79.86M
December 31, 2021 79.63M

Basic Info

World Crude Oil Production is at a current level of 84.53M, down from 85.94M last month and up from 82.21M one year ago. This is a change of -1.64% from last month and 2.82% 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 84.53M
Latest Period Jan 2026
Last Updated May 26 2026, 14:03 EDT
Next Release Jun 25 2026, 14:00 EDT (E)
Average Growth Rate 0.98%
Value from Last Month 85.94M
Change from Last Month -1.64%
Value from 1 Year Ago 82.21M
Change from 1 Year Ago 2.82%
Frequency Monthly
Unit Barrels per Day
Adjustment N/A
Download Source File