Oil Statistics

A comprehensive reference on current developments in oil supply and demand

The IEA's Oil Information contains key data on world production, trade, prices and consumption of major oil product groups, with time series back to the early 1970s. Its core consists of a detailed and comprehensive picture of oil supply, demand, trade, production and consumption by end-user for each OECD country individually and for the OECD regions. Trade data are reported extensively by origin and destination.


Data service Documentation Oil Information 2018 Overview 2019 Monthly Oil Data Service (MODS) Free monthly data

	Crude oil and NGL production	Total oil demand	Supply-Demand gap (secondary axis)
1971	2491	2378	112
1972	2634	2557	77
1973	2871	2761	110
1974	2875	2720	156
1975	2740	2701	39
1976	2967	2871	96
1977	3070	2986	83
1978	3107	3095	12
1979	3229	3140	88
1980	3111	3022	88
1981	2942	2905	37
1982	2812	2825	-13
1983	2791	2803	-12
1984	2869	2841	29
1985	2819	2836	-18
1986	2935	2910	25
1987	2967	2974	-7
1988	3103	3077	26
1989	3142	3120	22
1990	3187	3118	68
1991	3188	3145	43
1992	3226	3167	59
1993	3256	3171	85
1994	3287	3214	73
1995	3340	3273	67
1996	3431	3360	70
1997	3528	3475	53
1998	3588	3506	82
1999	3517	3568	-51
2000	3644	3598	46
2001	3648	3623	24
2002	3622	3625	-3
2003	3764	3693	72
2004	3939	3846	93
2005	3996	3898	98
2006	4038	3946	92
2007	4027	4010	17
2008	4073	3980	93
2009	3995	3911	85
2010	4092	4059	33
2011	4141	4055	86
2012	4232	4107	125
2013	4252	4160	91
2014	4346	4212	134
2015	4450	4300	150
2016	4512	4340	172
2017	4516	4407	109
2018	4630	4450	180
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Supply


	OECD	OPEC	Rest of the world
1971	668.701	1220.103	601.852
1972	681.847	1310.62	641.422
1973	685.504	1493.103	691.993
1974	661.801	1479.657	733.934
1975	652.028	1303.827	784.221
1976	648.269	1474.291	844.08
1977	689.4	1485.123	895.079
1978	742.15	1428.386	936.918
1979	783.986	1487.352	957.426
1980	822.276	1302.936	985.489
1981	842.897	1101.379	997.745
1982	882.83	928.951	1000.476
1983	906.763	855.994	1028.321
1984	945.926	855.114	1068.446
1985	958.298	792.87	1067.784
1986	940.745	885.672	1108.236
1987	942.552	893.46	1130.915
1988	935.914	1025.171	1141.888
1989	897.759	1099.924	1144.017
1990	895.02	1157.359	1134.152
1991	914.734	1175.763	1097.004
1992	929.527	1269.41	1027.186
1993	939.899	1323.794	992.3
1994	975.455	1330.271	981.748
1995	986.439	1357.902	995.325
1996	1012.038	1401.761	1016.762
1997	1025.17	1471.342	1031.985
1998	1022.655	1520.979	1044.753
1999	996.013	1459.064	1061.975
2000	1015.783	1543.605	1084.356
2001	1012.057	1520.086	1115.46
2002	1016.983	1436.729	1168.382
2003	1013.69	1535.003	1215.472
2004	987.781	1683.675	1267.908
2005	940.97	1755.871	1299.173
2006	930.907	1779.76	1327.376
2007	930.325	1742.768	1353.598
2008	906.928	1793.712	1372.43
2009	914.891	1684.449	1396.066
2010	922.861	1720.785	1448.33
2011	930.941	1759.429	1451.008
2012	978.324	1818.712	1435.013
2013	1033.242	1770.229	1448.115
2014	1121.341	1756.224	1467.95
2015	1168.25	1798.259	1483.589
2016	1142.892	1898.43	1470.537
2017	1182.628	1870.093	1463.519
2018	1288.584	1866.986	1474.775
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This increase in world oil production was driven by the United States, where production increased by 15.6% compared to 2017. As such, the United States remained the world’s top producer, followed by Saudi Arabia, Russia and Canada. Iraq overtook Iran as the world’s fifth largest producer, as production in Iran fell by 4.4% in 2018.

Looking at the OECD, production notably declined in Mexico and Norway but was more than compensated by increased production in the United States and Canada. As a result, OECD production of oil accounted for almost a third of world production in 2018, up from just above a quarter in the previous year.

	Growth 2016-17	Growth 2017-18p	Share of total OECD production, 2018p (right axis)
United States	30.134	97.776	56
Canada	23.62	14.497	21
Mexico	-11.507	-6.864	8
Norway	-1.024	-5.569	7
UK	-0.917	4.796	4
Rest of OECD	-0.57	1.32	5
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	2016-17	2017-18p
Total OPEC	-28.336	-3.108
Saudi Arabia	-27.209	18.718
Iran	17.524	-10.263
Iraq	4.317	4.869
UAE	-7.974	3.135
Kuwait	-11.687	1.867
Nigeria	1.437	4.396
Venezuela	-16.031	-29.366
Other OPEC	11.287	3.536
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Demand


World oil demand increased by 1.6% in 2017, driven by non-OECD countries. Provisional 2018 data shows further growth.

In the OECD, oil demand grew moderately in 2017 as growth in OECD Europe was offset by the slight decline in demand in the OECD Americas. Demand in OECD Asia Oceania remained stable in 2017, despite a 1.5% decline in Japanese oil demand driven by the power and heat sector as more nuclear capacity comes back online. Demand grew moderately in the United States, which remained the world’s largest consumer.

Non-OECD countries have represented the largest share of world oil demand since 2012 reaching 52% in 2018, with China and India being the most important sources of demand. Non-OECD Europe and Eurasia and Africa both saw growth in oil demand while demand fell in the non-OECD Americas by 2.1%, driven by a sharp decline in Venezuela.

	OECD	Africa	Non-OECD Americas	Non-OECD Asia excluding China	China	Non-OECD Europe and Eurasia	Middle East
2000	2246.031	115.388	225.147	356.419	229.874	204.535	220.7
2001	2245.792	118.49	226.06	360.349	234.644	206.918	231.035
2002	2219.13	122.258	222.269	369.689	252.206	205.194	234.701
2003	2245.128	124.156	217.382	377.733	277.259	211.432	239.431
2004	2294.824	131.019	230.467	401.615	323.946	211.058	253.229
2005	2306.427	135.601	237.699	405.332	330.686	211.491	270.639
2006	2289.086	136.984	241.66	422.746	352.708	219.051	283.626
2007	2286.764	143.375	251.752	442.97	371.095	221.683	292.436
2008	2203.18	153.094	268.448	441.113	375.768	226.322	312.124
2009	2099.686	158.146	268.122	451.388	391.337	216.166	326.017
2010	2137.51	166.413	287.501	470.46	447.444	223.229	326.893
2011	2084.45	163.584	291.498	492.029	461.958	227.765	333.915
2012	2056.398	174.452	305.509	510.772	480.789	228.025	350.79
2013	2046.732	186.86	307.704	522.574	504.608	228.814	363.131
2014	2026.156	193.386	316.369	537.912	520.06	242.326	375.719
2015	2061.338	194.981	311.487	561.667	554.199	240.896	375.668
2016	2085.657	193.592	300.533	588.18	569.982	236.829	365.312
2017	2097.917	194.813	294.296	616.552	594.414	244.999	364.432
2018	2099.123	194.423	291.647	632.582	616.681	254.064	361.881
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World demand of gas/diesel oil increased in 2017 after falling the year prior, driven by the increases in India, Indonesia and Russia. Demand for motor gasoline also grew in 2017 driven mainly by China and India.

There was also significant growth in demand for aviation fuels. This growth was concentrated in non-OECD countries, but the OECD also saw robust demand growth on the back of robust air traffic demand growth.

	OECD	Non-OECD
	675.846	725.276
	683.006	739.194
	623.414	476.732
	620.891	491.479
	220.215	279.563
	223.927	292.586
	170.763	122.461
	178.304	132.256
	115.142	269.034
	112.254	259.315
	244.185	352.741
	241.237	364.021
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Refining


	Refinery output	Year on year growth (right axis)
1977	128.222	5
1978	47.068	2
1979	94.16	3
1980	-105.259	-3
1981	-136.351	-5
1982	-74.33	-3
1983	-17.364	-1
1984	55.82	2
1985	-27.574	-1
1986	100.502	4
1987	59.852	2
1988	98.269	3
1989	53.116	2
1990	-19.561	-1
1991	16.005	1
1992	4.437	0
1993	28.27	1
1994	23.866	1
1995	35.667	1
1996	107.844	3
1997	102.268	3
1998	23.333	1
1999	3.567	0
2000	72.808	2
2001	24.486	1
2002	14.098	0
2003	84.3	2
2004	134.529	4
2005	48.21	1
2006	23.702	1
2007	17.858	0
2008	32.634	1
2009	-95.585	-2
2010	98.169	3
2011	-8.647	0
2012	48.094	1
2013	10.58	0
2014	45.257	1
2015	89.002	2
2016	21.199	1
2017	82.008	2
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	Total Gasoline	Middle Distillates	Residual Fuel oil	Other
United States	2.443812	7.674528	0.677588	-0.059631
China	5.5428	8.814864	1.0093	14.89787
Russia	-1.97125	4.337	-5.408	13.59456
India	1.191	4.459	-0.675	3.141711
Japan	-0.356476	-0.99111	-2.43518	-1.75185
Korea	1.087	2.415	-0.509	4.12
Saudi Arabia	0.141478	1.382293	0.272444	-0.40831
Germany	0.132	-0.372	0.002	1.386
Brazil	-0.048715	-3.77192	0.430865	0.251843
Rest of the world	1.649	13.047	-0.564	7.229
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Despite the strong growth in Chinese refinery output in 2017, the United States continued to be the world’s largest refiner, with year on year growth of 1.3%. China was thus the world’s second largest refiner, followed by Russia, India and Japan.

Trade


	Crude and NGL	Oil products
1972	1333.769	381.835
1973	1546.272	410.653
1974	1495.547	380.47
1975	1432.82	316.622
1976	1592.511	337.891
1977	1662.54	356.543
1978	1640.408	358.74
1979	1693.297	367.475
1980	1540.613	378.334
1981	1372.541	365.024
1982	1261.329	397.825
1983	1214.293	416.06
1984	1221.795	420.195
1985	1152.112	415.096
1986	1262.852	454.215
1987	1291.743	472.507
1988	1366.259	491.921
1989	1429.05	508.917
1990	1614.39	577.0688
1991	1599.796	562.9308
1992	1648.231	557.9415
1993	1701.904	577.3806
1994	1727.587	578.2746
1995	1740.201	598.6117
1996	1827.314	633.0193
1997	1925.657	661.8486
1998	1950.19	671.2188
1999	1938.592	681.1961
2000	2042.913	708.1316
2001	2054.543	719.648
2002	2039.065	736.4543
2003	2138.656	766.3144
2004	2258.792	840.953
2005	2276.282	898.2748
2006	2300.592	946.1995
2007	2318.743	967.1807
2008	2312.053	1003.966
2009	2226.279	1015.954
2010	2237.625	1093.615
2011	2239.502	1116.974
2012	2249.135	1128.86
2013	2201.515	1168.418
2014	2182.181	1181.914
2015	2272.201	1243.014
2016	2341.961	1303.86
2017	2414.278	1337.57
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The United States remained the world’s largest importer of crude and NGL in 2017, amidst slower growth in imports. Preliminary data for 2018 shows a decline of 2.9% in imports of primary oil products, coinciding with significant increase in domestic production in the country.

Meanwhile China, the second largest crude importer, maintained important, although slower, growth in imports of crude and NGL through 2017, further narrowing the gap between the two largest importers.  Indian imports of crude and NGL combined also increased reaching a new historical high of 220 Mt  in 2017, as refinery activity continues to increase in the country. Asian imports of crude and NGL increased more than for any other region in 2017.

Despite cuts of crude and NGL exports in 2017, Saudi Arabia remained world largest exporter of crude and NGL followed by Russia.The United States entered the top 10 of global crude and NGL exporters in 2017 by nearly doubling 2016 exports, and provisional data point to a further increase in 2018. Most of these volumes have been exported to Asian markets, and in particular China, with Canada remaining as the top destination for U.S. crude and NGL.

	Canada	Russia	Iran	Iraq	Saudi Arabia	United Arab Emirates
1997	67.121	126.889	116.304	35.223	308.252	95.365
1998	74.116	137.236	116.791	77.028	318.516	98.335
1999	69.418	134.544	103.061	102.18	285.085	86.075
2000	76.156	144.414	115.962	101.327	311.673	93.188
2001	74.495	162.109	105.283	99.036	300.847	88.496
2002	79.46	188.385	106.172	79.632	263.402	81.676
2003	82.882	227.856	129.007	49.125	325.772	95.166
2004	86.802	257.624	130.009	73.89	353.162	101.429
2005	84.858	252.587	130.893	68.775	373.637	104.899
2006	93.905	248.445	137.915	73.688	363.205	115.742
2007	96.767	258.579	141.208	80.565	345.294	114.473
2008	98.589	243.098	132.436	86.697	357.629	116.936
2009	98.401	248.899	120.292	94.289	295.899	100.238
2010	101.951	247.048	121.464	93.469	290.161	106.861
2011	115.544	247.589	119.307	106.611	352.678	122.347
2012	125.74	239.964	64.516	119.217	371.346	126.477
2013	137.046	236.618	59.466	116.725	376.616	134.497
2014	148.726	223.438	62.996	124.016	354.132	127.327
2015	158.955	246.309	64.322	148.98	368.63	124.538
2016	167.283	254.87	120.938	187.36	373.359	120.236
2017	177.048	252.794	133.73	186.774	348.183	118.463
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	Import growth
OECD Americas	3.6
OECD Asia Oceania	2.6
OECD Europe	0
Africa	6.1
Non-OECD Americas	6
Non-OECD Asia (excluding China)	3.7
China	11.5
Non-OECD Europe and Eurasia	3.9
Middle East	-8.4
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Bunkers


	OECD	Non-OECD Americas	China	Middle East	Africa	Non-OECD Asia excluding China	Non-OECD Europe and Eurasia
1972	69.624	9.339	1.884	18.862	6.139	6.521	5.616
1973	75.152	9.867	2.018	18.6	6.242	6.628	5.998
1974	69.424	9.4	1.654	18.397	5.742	5.548	6.092
1975	70.487	7.656	1.458	12.682	5.111	4.979	5.888
1976	71.595	7.733	1.674	14.766	4.355	5.662	6.223
1977	71.849	7.329	1.57	14.88	4.305	5.967	6.058
1978	74.914	7.302	1.545	11.792	4.05	6.85	6.288
1979	77.453	7.586	2.018	11.183	4.74	6.886	6.334
1980	76.858	6.707	1.989	10.323	5.302	6.654	5.999
1981	71.953	6.824	1.969	7.274	5.447	6.361	5.973
1982	61.585	6.849	2.124	6.591	5.687	6.793	5.818
1983	56.351	6.565	2.19	6.321	5.09	6.78	6.067
1984	55.277	6.032	1.534	9.368	4.782	7.08	6.473
1985	56.976	6.168	2.275	14.944	4.447	6.669	6.29
1986	60.378	5.481	2.134	14.375	4.484	10.606	6.623
1987	59.457	5.743	2.263	13.504	4.336	10.909	6.739
1988	61.348	5.834	2.45	14.008	4.693	12.672	6.926
1989	62.853	6.29	2.8	11.169	4.835	13.016	6.887
1990	75.467	6.262	2.8	10.165	5.128	14.797	3.848
1991	77.766	6.607	3.138	14.159	5.418	13.802	2.269
1992	80.763	6.916	4.606	14.778	6.062	16.907	2.226
1993	78.395	7.428	4.077	14.642	5.751	15.53	2.195
1994	79.355	7.448	4.421	15.278	6.918	16.198	2.322
1995	81.492	7.743	5.104	15.255	7.519	16.684	2.399
1996	81.444	8.029	5.573	15.308	8.211	18.463	2.386
1997	83.074	8.649	4.2	15.818	7.439	21.255	2.291
1998	85.315	8.305	5.12	15.912	6.967	22.562	2.811
1999	86.814	9.773	5.87	15.357	8.124	25.709	2.906
2000	91.367	10.607	6.372	14.502	7.383	24.785	3.661
2001	82.501	11.43	6.927	13.558	6.89	25.466	4.054
2002	86.786	12.166	8.476	13.072	6.421	25.27	4.346
2003	84.998	11.748	8.942	14.627	7.446	27.011	5.053
2004	93.929	12.127	12.202	16.52	6.457	29.401	4.836
2005	98.298	12.139	10.77	17.552	6.448	31.601	5.191
2006	103.321	12.441	13.166	19.261	5.889	34.654	5.178
2007	107.392	12.751	15.186	20.658	6.099	37.848	5.627
2008	102.121	15.061	13.808	23.223	5.496	41.066	5.657
2009	91.697	13.966	17.523	20.081	4.761	42.274	6.116
2010	93.109	15.058	21.054	21.703	5.933	46.778	7.707
2011	91.201	15.844	18.443	22.694	5.644	48.683	9.105
2012	79.942	15.723	17.371	22.621	6.154	47.267	7.689
2013	76.901	14.361	16.555	24.072	5.826	47.636	10.865
2014	75.143	14.039	14.877	24.929	5.861	47.607	20.514
2015	74.964	14.392	17.987	27.014	5.982	50.66	19.372
2016	81.308	13.499	18.783	25.824	5.377	54.536	16.958
2017	84.416	13.911	21.121	22.8	4.666	56.596	18.786
{"chart":{"type":"area"},"plotOptions":{"area":{"stacking":"normal","marker":{"enabled":false}}},"title":{"text":"World deliveries of oil products to international marine bunkers by region"},"yAxis":{"reversedStacks":false,"title":{"text":"million tonnes"}},"xAxis":{"tickPositions":[1972,1980,1990,2000,2010,2017]},"tooltip":{"valueSuffix":" million tonnes","valueDecimals":0}}