Level Chart

Basic Info

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 75.29M, down from 75.91M last month and down from 82.84M one year ago. This is a change of -0.81% from last month and -9.11% from one year ago.

Stats

Last Value 75.29M
Latest Period Apr 2021
Last Updated Jul 29 2021, 10:54 EDT
Average Growth Rate 0.83%
Value from 1 Year Ago 82.84M
Change from 1 Year Ago -9.11%
Frequency Monthly
Unit Barrels per Day
Adjustment N/A
Download Source File Download

Historical Data

View and export this data back to 1973. Upgrade now.
Date Value
April 30, 2021 75.29M
March 31, 2021 75.91M
February 28, 2021 73.98M
January 31, 2021 76.15M
December 31, 2020 75.67M
November 30, 2020 75.10M
October 31, 2020 73.17M
September 30, 2020 72.67M
August 31, 2020 72.74M
July 31, 2020 71.59M
June 30, 2020 70.30M
May 31, 2020 71.47M
April 30, 2020 82.84M
March 31, 2020 82.45M
February 29, 2020 82.29M
January 31, 2020 83.17M
December 31, 2019 83.58M
November 30, 2019 83.59M
October 31, 2019 82.61M
September 30, 2019 80.74M
August 31, 2019 82.40M
July 31, 2019 81.28M
June 30, 2019 81.92M
May 31, 2019 81.70M
April 30, 2019 82.30M
Date Value
March 31, 2019 82.54M
February 28, 2019 82.61M
January 31, 2019 82.91M
December 31, 2018 84.23M
November 30, 2018 84.49M
October 31, 2018 84.33M
September 30, 2018 83.20M
August 31, 2018 83.21M
July 31, 2018 82.67M
June 30, 2018 82.24M
May 31, 2018 81.59M
April 30, 2018 81.86M
March 31, 2018 82.21M
February 28, 2018 82.40M
January 31, 2018 82.24M
December 31, 2017 81.74M
November 30, 2017 82.01M
October 31, 2017 81.34M
September 30, 2017 81.19M
August 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

Basic Info

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 75.29M, down from 75.91M last month and down from 82.84M one year ago. This is a change of -0.81% from last month and -9.11% from one year ago.

Stats

Last Value 75.29M
Latest Period Apr 2021
Last Updated Jul 29 2021, 10:54 EDT
Average Growth Rate 0.83%
Value from 1 Year Ago 82.84M
Change from 1 Year Ago -9.11%
Frequency Monthly
Unit Barrels per Day
Adjustment N/A
Download Source File Download