World

World

World oil supply, demand and OECD inventories updated monthly. Global production, consumption and reserves by country updated annually.

WORLD OIL DEMAND & SUPPLY
million bbl/day • data by IEA & OPEC
█ SUPPLY (IEA EST)  █ SUPPLY (OPEC EST)  ● DEMAND (IEA EST)  ● DEMAND (OPEC EST)
OECD3 OIL CLOSING STOCK LEVELS
million barrels • data by OPEC
2017 WORLD CRUDE OIL PRODUCTION
million bbl/day excl. NGLs • data by OPEC
2017 WORLD OIL PRODUCTION
million bbl/day incl. NGLs • data by BP
2017 WORLD OIL CONSUMPTION
million bbl/day incl. NGLs & biofuels • data by BP
2017 WORLD OIL PROVED RESERVES
billion barrels • data by BP
UPDATED: NOV 15, 2018
SITE MAP: ENERGY STATISTICS / GLOBAL
NOTES:
1 CDN OIL SANDS RESERVES EST. AT 164 BILLION BBLS (AER ST98 2017 ESTIMATE)
2 EIA ESTIMATES US RESERVES AT 32.8 BILLION BBLS (INCL. CONDENSATE) AT YEAR-END 2016
3 OECD COUNTRIES: CANADA, USA, MEXICO, CHILE, TURKEY, ISRAEL, AUSTRALIA, NEW ZEALAND, JAPAN, SOUTH KOREA AND 22 EU COUNTRIES (EXCL. BULGARIA, CROATIA, CYPRUS, LITHUANIA, MALTA, AND ROMANIA)
4 SPR: STRATEGIC PETROLEUM RESERVES (MOSTLY CRUDE OIL)
5 CDN CRUDE OIL PRODUCTION PROVIDED BY STATISTICS CANADA
SOURCES:
BP • BP STATISTICAL REVIEW OF WORLD ENERGY • JUNE 2017
OPEC • ANNUAL STATISTICAL BULLETIN • 2017
IEA • KEY WORLD ENERGY STATISTICS • 2016
EIA • INTERNATIONAL ENERGY OUTLOOK • MAY 2016
USA

USA

0