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 2019 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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Trade
Trade of oil products and of crude oil and NGL both increased in 2017. Crude and NGL imports increased by 3.1% year on year, while exports increased by 1.1%.
This marked the third consecutive year of increases in imports of primary oil, and for the first time since 2003, imports of primary oil grew at a faster rate than imports of oil products. Exports of oil products grew by 2.9% in 2017.
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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In 2017, imports of oil products increased in all regions except the Middle East, driven by lower imports into the United Arab Emirates and Saudi Arabia where refinery output of oil products increased year on year.
Imports of oil products into OECD Europe remained stable in 2017, with lower refinery activity and demand met by drawing stocks of finished products.
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
Deliveries of oil products for international marine bunkers have been steadily increasing globally, and have recovered since the 2010 downturn. Deliveries increased by 2.8% in 2017 compared to 2016.
Growth was concentrated in Asia, including China, where deliveries grew by 6.0% year on year. Growth in non-OECD Europe and Eurasia is driven by the rebound in Russian deliveries. In the OECD, disaggregated fuel data shows a switch from the use of residual fuel oil to marine gas/diesel oil in international marine bunkers, a trend that will become more pronounced as the more stringent IMO regulations roll out.
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
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