Oil and equivalents production (Mb/d) - OPEC - 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 OPEC countries, the production of oil and equivalents stood at 33.99 million barrels per day in February 2026, compared to 34.43 in January 2026. This represents a decrease of 1.28 percent.
Sample. There are 420 data points overall in the monthly time series presented in the plot above. The series covers the time range extending from January 1993 to December 2027.
History. Have a look at a few statistics we calculated on the full sample: production reached its lowest level of 24.39 million barrels per day in April 1993; it recorded its highest level of 36.24 in November 2016; it had an average value of 31.16.
Latest values
| Date | Value - Million barrels per day (Mb/d) |
|---|---|
| 2027-10-31 | 34.70581623 |
| 2027-11-30 | 34.64868976 |
| 2027-12-31 | 34.65162807 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Crude oil and liquid fuels (oil equivalents) production / supply |
| Country or region | OPEC |
| 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 |