World Crude Oil Production – Peak Oil Barrel

June Non-OPEC & World Oil Production

10/12/202410/12/2024 Ovi 44 Comments

By Ovi

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC oil producing countries. OPEC production is covered in a separate post.

Below are a number of Crude plus Condensate (C + C) production charts, usually shortened to “oil”, for oil producing countries. The charts are created from data provided by the EIA’s International Energy Statistics and are updated to June 2024. This is the latest and most detailed/complete World Oil production information available. Information from other sources such as OPEC, the STEO and country specific sites such as Brazil, Norway and China is used to provide a short term outlook.

World oil production decreased by 299 kb/d in June to 81,105 kb/d, green graph. The largest decreases came from Saudi Arabai 350 kb/d and Russia 142 kb/d. July’s World oil production is projected to increase by 665 kb/d to 81,770 kb/d.

May Non-OPEC and World Oil Production

09/13/202309/13/2023 Ovi 174 Comments

By Ovi

Below are a number of Crude plus Condensate (C + C) production charts, usually shortened to “oil”, for Non-OPEC countries. The charts are created from data provided by the EIA’s International Energy Statistics and are updated to May 2023. This is the latest and most detailed world oil production information available. Information from other sources such as OPEC, the STEO and country specific sites such as Russia, Brazil, Norway and China is used to provide a short term outlook for future output and direction for a few of these countries and the world. The US report has an expanded view beyond production by adding rig and frac spread charts.

Where STEO data was used, the ratio of C + C to All Liquids was calculated. The average for the last eight months was used to project the June and July production numbers in a few cases.

World oil production and projection charts are presented at the end of this post.

May Non-OPEC oil production dropped by 412 kb/d to 50,010 kb/d. The largest decreases came from Canada 118 kb/d and Russia 193 kb/d.

EIA Update, March Production Numbers

07/08/201407/08/2014 Ron Patterson 144 Comments

The EIA updated their International Energy Statistics with the February production numbers about one day after they updated the January numbers. Then on Monday, July 7th, they posted the March numbers. So after preparing a complete post using the February data, I just trashed it and created a new one.

World C+C production reached a new high in February, up 531 kb/d to 77,257 kb/d. It was down 525 kb/d in March to 76,732 kb/d.

Non-OPEC C+C production reached a new high in December at 44,910 kb/d in December. Since then it has been down 362 kb/d in January, up 270 kb/d in February and up 19 kb/d in March.
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