The Permian basin is by far the most productive oil basin in the United States. Monthly production in the Permian peaked at nearly six million barrels per day in July 2023. This basin is also known as West Texas Basin, located in western Texas and southeastern New Mexico. Total daily production output in the U.S. climbed to over eight million barrels by late 2021.
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Crude Oil Production in the United States increased to 13488 BBL/D/1K in May from 13464 BBL/D/1K in April of 2025. This dataset provides the latest reported value for - United States Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
In June 2025, roughly **** million metric tons of crude oil were produced in China. This was an increase compared to the same month in the previous year. Crude oil industry leaders and consumer groups China's leading oil, gas, and petrochemical companies are state-owned enterprises Sinopec and Petrochina. In 2023, they reported whopping annual revenues of around *** and *** trillion yuan, respectively. Their business performance is in part driven by increasing demand for oil and oil products by the automotive industry. With over *** million cars sold each month, automobile sales in China stimulate demand for petroleum-based motor fuels. This is also reflected in the production of refinery products, such as gasoline and diesel. China's growing appetite for primary energy As the wealth of its residents grows, so too does the country's demand for primary energy sources. In 2023, China was ranked the world's largest primary energy consumer. Crude oil consumption has been climbing continuously in the past few years, although coal remains the most dominant energy source in the country. Together, coal and oil make up the lion’s share in China’s primary energy consumption.
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Key information about United States Crude Oil: Production
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Crude Oil Production in Saudi Arabia increased to 9360 BBL/D/1K in June from 9184 BBL/D/1K in May of 2025. This dataset provides the latest reported value for - Saudi Arabia Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
The Bakken basin recorded the highest monthly new-well oil production per rig in May, at 1,755.5 barrels per day. The Permian basin, which is the largest oil producing region overall, had a new-well production output of 1,514 barrels per day per rig.
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Crude Oil Production in Russia remained unchanged at 9795 BBL/D/1K in March. This dataset provides the latest reported value for - Russia Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
This dataset contains information about world oil production for OPEC, OECD and the major non-OPEC producers. for 1983-2021. Data from Saudi Central Bank (SAMA). Follow datasource.kapsarc.org and it’s APIs to stay in sync and advance energy economics research.Note:* Including Condensates and Natural gas liquids
Global oil production amounted to ************ barrels per day in 2024. The level of oil production reached an all-time high in 2024. However, the coronavirus pandemic and its impact on transportation fuel demand led to a notable decline in 2020. Rising production and consumption Apart from events surrounding global economic crisis as in the late 2000's and 2020, oil production consistently increased every year for the past two decades. Similarly, global oil consumption only decreased in 2008, 2009, and 2020, but has otherwise increased to a higher level year after year. Oil and oil products remain invaluable commodities as most transportation fuels are petroleum-based and oil is a major raw material for the chemicals industry. Production by region and country While total production is rising, regional distribution has shifted, with the share of production declining the most in Europe and the Commonwealth of Independent States (CIS) since 2008, and rising the most in North America. Even though as a region the Middle East still produces the largest share of oil worldwide, the United States is currently the worl'ds largest producer of oil, followed by Saudi Arabia and Russia.
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Crude Oil Production in Iran decreased to 3241 BBL/D/1K in June from 3303 BBL/D/1K in May of 2025. This dataset provides the latest reported value for - Iran Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Key information about Saudi Arabia Crude Oil: Production
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Weekly Crude Oil Production in the United States decreased to 13284 Thousand Barrels Per Day in August 1 from 13314 Thousand Barrels Per Day in the previous week. This dataset includes a chart with historical data for the United States Weekly Crude Oil Production.
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Global oil production by month varies depending on several factors, including demand, geopolitical events, and changes in oil prices. This article highlights the importance of monitoring global oil production and provides insights into recent trends and fluctuations. It emphasizes the role of the International Energy Agency (IEA) in tracking and reporting production levels. The article also mentions specific data for January, February, March, April, and May 2021, showcasing the increase and decrease in glob
This dataset contains information about world's oil production for 1965-2020. Data from BP. Follow datasource.kapsarc.org for timely data to advance energy economics research.Notes:* Includes crude oil, shale oil, oil sands and NGLs (natural gas liquids - the liquid content of natural gas where this is recovered separately).** Excludes liquid fuels from other sources such as biomass and derivatives of coal and natural gas.*** Excludes Estonia, Latvia and Lithuania prior to 1985 and Slovenia prior to 1990.**** Annual changes and shares of total are calculated using million tonnes per annum figures.
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Learn about the fluctuations in domestic oil production in the United States, driven by global oil prices, technological advancements, government policies, and the impact of the COVID-19 pandemic. Discover the trends, peak production periods, and factors influencing the growth of oil production over the years.
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Key information about Iraq Crude Oil: Production
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This data set has estimated Canadian monthly production data by province. The Canada Energy Regulator estimates production based on provincial data. The estimated production is also available at this page: https://www.cer-rec.gc.ca/en/data-analysis/energy-commodities/crude-oil-petroleum-products/statistics/estimated-production-canadian-crude-oil-equivalent.html.
In June 2025, fuel oil production in China amounted to **** million metric tons. In the period of consideration, fuel oil production fluctuated significantly, reaching a peak of **** million metric tons in March 2023.
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Crude Oil Production in Venezuela increased to 1069 BBL/D/1K in June from 1066 BBL/D/1K in May of 2025. This dataset provides the latest reported value for - Venezuela Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Key information about Libya Crude Oil: Production
The Permian basin is by far the most productive oil basin in the United States. Monthly production in the Permian peaked at nearly six million barrels per day in July 2023. This basin is also known as West Texas Basin, located in western Texas and southeastern New Mexico. Total daily production output in the U.S. climbed to over eight million barrels by late 2021.