EIA forecast · modelled counter
World Oil Production
Estimated petroleum and other liquid fuels produced since the start of today and the current year.
Estimated production since the start of the year
28,965,150,000 barrels
What this counter means
Oil production is not measured globally second by second. This counter evenly distributes the U.S. Energy Information Administration forecast for petroleum and other liquid fuels across the current day and year. It is a model, not a reading from wells, and actual production varies by hour, country and product. “Oil” in this service includes crude oil, condensates, natural-gas liquids and other liquid fuels as defined by the EIA.
Source: U.S. Energy Information Administration, Short-Term Energy Outlook — https://www.eia.gov/outlooks/steo/report/global_oil.php
Data status
Last reviewed: 14 October 2026
Moving counters are educational models unless the page explicitly identifies direct catalogue data. Dates and source periods are shown on each page.
International commodity markets
For practical information about international trade in petroleum products and other commodities, visit REVDICO.