World Crude Oil Production:

81.97M bbl/d for Mar 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 81.97M, down from 82.25M last month and down from 82.17M one year ago. This is a change of -0.34% from last month and -0.24% from one year ago.

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Historical Data

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Export Data Date Range:
Data for this Date Range  
March 31, 2019 81.97M
Feb. 28, 2019 82.25M
Jan. 31, 2019 82.53M
Dec. 31, 2018 83.94M
Nov. 30, 2018 84.22M
Oct. 31, 2018 84.31M
Sept. 30, 2018 83.20M
Aug. 31, 2018 83.18M
July 31, 2018 82.72M
June 30, 2018 82.25M
May 31, 2018 81.60M
April 30, 2018 81.81M
March 31, 2018 82.17M
Feb. 28, 2018 82.42M
Jan. 31, 2018 82.25M
Dec. 31, 2017 81.80M
Nov. 30, 2017 82.04M
Oct. 31, 2017 81.39M
Sept. 30, 2017 81.17M
Aug. 31, 2017 80.97M
July 31, 2017 81.58M
June 30, 2017 81.04M
May 31, 2017 80.51M
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
Aug. 31, 2015 80.77M
July 31, 2015 80.92M
June 30, 2015 80.40M
May 31, 2015 79.98M
April 30, 2015 80.02M
March 31, 2015 80.42M
Feb. 28, 2015 79.52M

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Stats

Last Value 81.97M
Latest Period Mar 2019
Last Updated Jun 25 2019, 14:52 EDT
Next Release Aug 27 2019, 14:00 EDT
Average Growth Rate 1.03%
Value from 1 Year Ago 82.17M
Change from 1 Year Ago -0.24%
Frequency Monthly
Unit Barrels per Day
Adjustment N/A
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Excel Add-In Codes

  • Indicator Code: I:WCOP
  • Indicator Name: =YCI("I:WCOP","name")
  • Data Point Example: =YCP("I:WCOP")
  • Data Series Example: =YCS("I:WCOP",,-4)

To find the codes for any of our financial metrics, see our Complete Reference of Metric Codes.

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