Oil production by country by year1/4/2024 ![]() ![]() World consumption may reach 3 214 500t, 2.9% more than the previous crop year. Production in the rest of the IOC member countries is estimated at 936 500t. The EU countries are expected to produce 1 974 100t, or 3.8% less than the previous year. Energy Information Administration database for calendar year 2022, tabulating all countries on a comparable best-estimate basis. Coal output per worker in the United Kingdom. Coal output from opencast and deepmines in the United Kingdom. The IOC member countries are set to produce 2 910 500t of olive oil in the 2021/22 crop year, or 93.9% of the world total, which is 3.6% more than the previous year. This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Annual percentage change in oil consumption. Imports and exports are estimated to exceed 1 million tonnes. Olive oil – Estimates for the 2021/22 crop yearĪccording to official country data and Executive Secretariat estimates, world production is forecast at around 3 098 500t in the 2021/22 crop year, 2.9% up on the previous year.Consumption reached 2 054 000t in IOC member countries and 1 071 000t in non-member countries. PDF versions and PowerPoint slide packsof the charts, maps and graphs, plus an Excel workbook of the data. Additional data for refined oil production demand, natural gas, coal,hydroelectricity, nuclear energy and renewables. Historical data from 1965 for manysections. The remaining member countries produced 34.5% less than the previous crop year, totalling 758 500t: Turkey produced 210 000t (-8.7%), Morocco 160 000t (+10.3%), Tunisia 140 000t (-68.2%) and Algeria 70 500t (-44%). according to energy type, region, country and year. The IOC member countries produced 2 809 500t of olive oil in the 2020/21 crop year, which accounts for 93.3% of the world total. Consumption is expected at around 3 125 000t (-4.4%) and imports and exports at 1 122 500t and 1 108 500t respectively. The data reached an all-time high of 2,995.000 Barrel/Day th in Oct 2002 and a record low of 337.000 Barrel/Day th in Jun 2020. Provisional figures for the 2020/21 crop year put world production of olive oil at 3 010 000t, which is 256 500t or 7.9% less than the previous year. Venezuela Crude Oil: Production data is updated monthly, averaging 2,330.000 Barrel/Day th from Jan 2002 to Sep 2023, with 261 observations. Olive oil – Provisional figures for the 2020/21 crop year.Estimates for the 2021/22 crop year put production at 3 098 500t (+2.9%). ![]() Provisional data for 2020/21 point to a 7.9% fall in production for a volume of 3 010 000t. ![]() As we move forward, a deeper understanding of these patterns and trends will be crucial in navigating the complexities of the global energy landscape.Olive oil production has tripled in the last 60 years to reach 3 266 500t in the 2019/20 crop year. With Brent crude and WTI prices reaching the highest levels in a decade, it is clear that the world of energy remains a dynamic and influential force that shapes economies and policies alike. The United States' prominent position as a leading oil producer and consumer underscores the ongoing shifts in the industry. In conclusion, the 2023 Statistical Review of World Energy sheds a comprehensive light on the intricate dynamics of global petroleum production and consumption. Oil prices started recovering in May 2020, in part because of these production cuts and cuts from other countries, like Canada and the U.S., but also because. Interactive flow diagram showing the production, exports, and imports of oil and other energy sources globally and by country, for every year going back to 1973. Both prices were about 40% above the 2021 average, and in both cases represented the highest average annual oil price since 2013. The Review reported that Brent crude prices averaged $101.32 per barrel in 2022, and West Texas Intermediate (WTI) averaged $94.58. The biggest change in this list compared to recent years is that Germany fell out of the Top 10, and Mexico jumped onto the list after a huge 20% consumption increase over 2021. ![]()
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