Oil and equivalents production (Mb/d) - World - EIA STEO - Monthly
This series is part of the dataset: Oil production / supply by country (EIA STEO)
Download Full Dataset (.xlsx)Latest updates. In the world, the production of crude oil and equivalents was 106.70 million barrels per day in January 2026, compared to 108.04 in December 2025. This represents a reduction of 1.24 percent.
Sample. This monthly series has 420 data points in total. The series covers the time span stretching from January 1993 to December 2027.
History. Have a look at some summary statistics we computed on the entire sample: production had a mean value of 87.09 million barrels per day; it reached its maximum of 108.62 in September 2025; it reached a minimum of 66.26 in June 1993.
Latest values
| Date | Value - Million barrels per day (Mb/d) |
|---|---|
| 2027-10-31 | 108.8214073 |
| 2027-11-30 | 109.0248931 |
| 2027-12-31 | 108.5678649 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Crude oil and liquid fuels (oil equivalents) production / supply |
| Country or region | World |
| Economic concept | Flow |
| Data type | Quantity |
| Seasonally adjusted | No |
| Frequency | Monthly |
| Unit | Million barrels per day (Mb/d) |
| Source | U.S. Energy Information Administration (EIA) |
| Source type | Government Agency |
| Data licence | Public domain |
| Measure type | Level |
Series in the same data set
Discover the other time series included in this data set.
Production by country
OPEC production
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Oil and equivalents production (Mb/d) - OPEC - EIA STEO - Monthly | 420 | 1993-01-31 | 2027-12-31 |
| Oil and equivalents production (Mb/d) - OPEC plus - EIA STEO - Monthly | 420 | 1993-01-31 | 2027-12-31 |