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 oil and equivalents stood at 93.72 Mb/d in May 2026, compared to 94.54 in April 2026. This marks a reduction of 0.87 percent.
Sample. There are 420 data points overall in the monthly series presented in the graph above. The series covers the period stretching from January 1993 to December 2027.
History. Here's a glimpse of a few descriptive statistics we computed on the entire sample: production hit a maximum of 108.61 million barrels per day in September 2025; it hit a trough of 66.26 in June 1993; it was equal on average to 87.16.
Latest values
| Date | Value - Million barrels per day (Mb/d) |
|---|---|
| 2027-10-31 | 110.6579699 |
| 2027-11-30 | 110.9800507 |
| 2027-12-31 | 110.880594 |
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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 |