Level Chart

Basic Info

World Crude Oil Production is at a current level of 82.43M, up from 82.16M last month and up from 82.18M one year ago. This is a change of 0.32% from last month and 0.30% 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 82.43M
Latest Period Feb 2025
Last Updated Jun 25 2025, 14:05 EDT
Next Release Jul 28 2025, 14:00 EDT (E)
Average Growth Rate 0.95%
Value from Last Month 82.16M
Change from Last Month 0.32%
Value from 1 Year Ago 82.18M
Change from 1 Year Ago 0.30%
Frequency Monthly
Unit Barrels per Day
Adjustment N/A
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Historical Data

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Date Value
February 28, 2025 82.43M
January 31, 2025 82.16M
December 31, 2024 82.42M
November 30, 2024 81.96M
October 31, 2024 81.69M
September 30, 2024 80.65M
August 31, 2024 81.76M
July 31, 2024 81.60M
June 30, 2024 81.13M
May 31, 2024 81.39M
April 30, 2024 82.14M
March 31, 2024 82.66M
February 29, 2024 82.18M
January 31, 2024 81.54M
December 31, 2023 82.88M
November 30, 2023 82.60M
October 31, 2023 81.83M
September 30, 2023 81.59M
August 31, 2023 80.68M
July 31, 2023 81.02M
June 30, 2023 81.79M
May 31, 2023 81.04M
April 30, 2023 81.86M
March 31, 2023 82.38M
February 28, 2023 82.46M
Date Value
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
May 31, 2021 76.02M
April 30, 2021 75.50M
March 31, 2021 76.05M
February 28, 2021 74.07M
January 31, 2021 76.11M

Basic Info

World Crude Oil Production is at a current level of 82.43M, up from 82.16M last month and up from 82.18M one year ago. This is a change of 0.32% from last month and 0.30% 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 82.43M
Latest Period Feb 2025
Last Updated Jun 25 2025, 14:05 EDT
Next Release Jul 28 2025, 14:00 EDT (E)
Average Growth Rate 0.95%
Value from Last Month 82.16M
Change from Last Month 0.32%
Value from 1 Year Ago 82.18M
Change from 1 Year Ago 0.30%
Frequency Monthly
Unit Barrels per Day
Adjustment N/A
Download Source File Upgrade