Level Chart

Basic Info

World Crude Oil Production is at a current level of 84.73M, up from 84.30M last month and up from 81.72M one year ago. This is a change of 0.51% from last month and 3.68% 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 84.73M
Latest Period Jul 2025
Last Updated Nov 25 2025, 14:04 EST
Next Release Dec 23 2025, 14:00 EST (E)
Average Growth Rate 0.99%
Value from Last Month 84.30M
Change from Last Month 0.51%
Value from 1 Year Ago 81.72M
Change from 1 Year Ago 3.68%
Frequency Monthly
Unit Barrels per Day
Adjustment N/A
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Historical Data

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Date Value
July 31, 2025 84.73M
June 30, 2025 84.30M
May 31, 2025 83.28M
April 30, 2025 83.22M
March 31, 2025 83.78M
February 28, 2025 82.67M
January 31, 2025 82.38M
December 31, 2024 82.65M
November 30, 2024 82.24M
October 31, 2024 82.02M
September 30, 2024 80.86M
August 31, 2024 81.94M
July 31, 2024 81.72M
June 30, 2024 81.44M
May 31, 2024 81.73M
April 30, 2024 82.43M
March 31, 2024 82.98M
February 29, 2024 82.54M
January 31, 2024 81.85M
December 31, 2023 83.22M
November 30, 2023 82.92M
October 31, 2023 82.10M
September 30, 2023 81.75M
August 31, 2023 80.78M
July 31, 2023 81.25M
Date Value
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
November 30, 2021 80.01M
October 31, 2021 79.10M
September 30, 2021 77.80M
August 31, 2021 77.44M
July 31, 2021 77.83M
June 30, 2021 76.65M

Basic Info

World Crude Oil Production is at a current level of 84.73M, up from 84.30M last month and up from 81.72M one year ago. This is a change of 0.51% from last month and 3.68% 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 84.73M
Latest Period Jul 2025
Last Updated Nov 25 2025, 14:04 EST
Next Release Dec 23 2025, 14:00 EST (E)
Average Growth Rate 0.99%
Value from Last Month 84.30M
Change from Last Month 0.51%
Value from 1 Year Ago 81.72M
Change from 1 Year Ago 3.68%
Frequency Monthly
Unit Barrels per Day
Adjustment N/A
Download Source File Upgrade