In 2023, crude oil production from OPEC countries amounted to roughly 34 million barrels of oil daily, slightly down from some 34.2 million barrels per day in the previous year. Between 1998 and 2023, figures increased by nearly 4.1 million barrels of oil per day, peaking at 37.5 million barrels per day in 2016.
Crude oil production of the OPEC from 1998 to 2023
(in 1,000 barrels per day)
Figures include crude oil, shale oil, oil sands, condensates and NGLs. Liquid fuels from other sources such as biofuels and synthetic derivatives of coal and natural gas are excluded, as well as oil shales/kerogen extracted in solid form.
This statistic was compiled using several releases of the publication.
Figures were restated based on the latest report.
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Energy Institute. (June 20, 2024). Crude oil production of the OPEC from 1998 to 2023 (in 1,000 barrels per day) [Graph]. In Statista. Retrieved November 10, 2024, from https://www.statista.com/statistics/265205/oil-production-in-opec-countries-in-barrels-per-day/
Energy Institute. "Crude oil production of the OPEC from 1998 to 2023 (in 1,000 barrels per day)." Chart. June 20, 2024. Statista. Accessed November 10, 2024. https://www.statista.com/statistics/265205/oil-production-in-opec-countries-in-barrels-per-day/
Energy Institute. (2024). Crude oil production of the OPEC from 1998 to 2023 (in 1,000 barrels per day). Statista. Statista Inc.. Accessed: November 10, 2024. https://www.statista.com/statistics/265205/oil-production-in-opec-countries-in-barrels-per-day/
Energy Institute. "Crude Oil Production of The Opec from 1998 to 2023 (in 1,000 Barrels per Day)." Statista, Statista Inc., 20 Jun 2024, https://www.statista.com/statistics/265205/oil-production-in-opec-countries-in-barrels-per-day/
Energy Institute, Crude oil production of the OPEC from 1998 to 2023 (in 1,000 barrels per day) Statista, https://www.statista.com/statistics/265205/oil-production-in-opec-countries-in-barrels-per-day/ (last visited November 10, 2024)
Crude oil production of the OPEC from 1998 to 2023 (in 1,000 barrels per day) [Graph], Energy Institute, June 20, 2024. [Online]. Available: https://www.statista.com/statistics/265205/oil-production-in-opec-countries-in-barrels-per-day/
