Crude oil production for 89 countries from EIA International Energy Statistics — monthly history back to 1973 from one consistent, citable source — alongside the world liquid-fuels balance from the EIA Short-Term Energy Outlook, which includes an 18-month forecast revised each release. As of 2026-07, world production is 101.1 million barrels/day against consumption of 101.5 Mb/d — a deficit of 0.43 Mb/d, drawing inventories and supporting prices. Brent crude last printed $84 (2026-07), with the EIA path reaching $64 and a surplus of 4.7 Mb/d by 2027-12. Oil is the most inflation-relevant price in the economy: it passes ~85% into US pump prices within weeks, feeds diesel into every freight mile, and drives the CPI energy component the Nowflation gauge tracks daily.
| # | Country | kb/d | Month | MoM | YoY | Share |
|---|---|---|---|---|---|---|
| 1 | United States | 13,934 | 2026-04 | +1.6% | +3.5% | 18.1% |
| 2 | Russia | 9,827 | 2026-04 | -1.5% | -0.3% | 12.7% |
| 3 | Saudi Arabia | 7,500 | 2026-03 | -30.3% | -19.4% | 9.7% |
| 4 | Canada | 5,050 | 2026-04 | +0.1% | +4.3% | 6.5% |
| 5 | China | 4,370 | 2026-04 | -2.7% | +1.4% | 5.7% |
| 6 | Brazil | 4,340 | 2026-04 | +2.2% | +19.5% | 5.6% |
| 7 | Iran | 3,680 | 2026-04 | -4.4% | -9.8% | 4.8% |
| 8 | United Arab Emirates | 2,620 | 2026-04 | +21.9% | -27% | 3.4% |
| 9 | Kazakhstan | 2,159 | 2026-04 | +15.8% | +3.8% | 2.8% |
| 10 | Norway | 1,973 | 2026-04 | +1.1% | +7.2% | 2.6% |
| 11 | Mexico | 1,745 | 2026-04 | 0% | +1.6% | 2.3% |
| 12 | Nigeria | 1,624 | 2026-04 | +6.5% | +3% | 2.1% |
US weekly field production (fresher than any monthly international series): 13,830 kb/d as of 2026-08-14. A country's newest EIA month is held back as provisional when it shows a synchronized collapse with no confirming later data — the shown month is the last confirmed one. Every series is downloadable from the open data directory.
Rigs lead production by roughly 4–6 months. United States 452 (+1) · Canada 135 (+10) · Saudi Arabia 125 (+6) · Iran 117 · United Arab Emirates 58 (-1) · Kuwait 40 (-1) · Algeria 33 (+2) · Libya 27 (-3).
US Strategic Petroleum Reserve: 293 million barrels (60% below peak). Gasoline crack spread (refiner margin): $54/bbl. For OPEC members the page also shows OPEC's own reported figures (via Trading Economics), typically months fresher than the EIA series the ranking uses.
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