annual average OPEC reference basket price was 100 U.S. dollars per barrel. OPEC stands for the Organization of the Petroleum Exporting Countries and was established in Iraq in 1960.
OPEC accounts for nearly 40 percent of the world’s total crude oil production. In 2022, OPEC's production share reached a high not seen since 2018. That same year the OPEC's crude oil production as a share of worldwide total from 2010 to 2022
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Other statistics that may interest you OPEC
Overview
6
- Premium Statistic Global oil production 1998-2022
- Premium Statistic Global oil refinery capacity 1970-2022
- Premium Statistic Global oil consumption 1970-2022
- Premium Statistic Global crude oil export value by country 2022
- Basic Statistic Voluntary oil output cuts by OPEC+ countries 2023
- Basic Statistic OPEC oil demand 2019-2045
Reserves
4
Production and refinery
6
- Premium Statistic OPEC's crude oil production 1998-2022
- Premium Statistic OPEC 's global crude oil production share 2010-2022
- Basic Statistic OPEC natural gas production by country 2012-2022
- Basic Statistic OPEC's global natural gas production share 2010-2022
- Basic Statistic OPEC refinery capacity 2010-2022
- Premium Statistic OPEC refinery capacity 2012-2022, by member state
Prices
4
Trade
5
- Basic Statistic OPEC's net oil export revenue 2021-2024
- Basic Statistic OPEC net oil export revenue streams by country 2022
- Premium Statistic Global crude oil exports by OPEC countries 2012-2022
- Premium Statistic Oil exports from OPEC regions 2021
- Basic Statistic OPEC oil exports 2012-2022, by region
Selected member state profiles
8
- Premium Statistic Algeria's fossil fuels industry select information 2021
- Premium Statistic Angola's fossil fuels industry selected figures 2021
- Premium Statistic Equatorial Guinea's fossil fuels industry selected figures 2021
- Premium Statistic Gabon's fossil fuels industry selected figures 2021
- Premium Statistic Iran's fossil fuels industry select information 2021
- Premium Statistic Iraq's fossil fuels industry select information 2021
- Basic Statistic Kuwait's fossil fuels industry selected figures 2021
- Basic Statistic Libya's fossil fuels industry select information 2021
Further related statistics
18
- Oil production in metric tons 2022, by country
- Global oil production share 2022, by country
- Oil production in the European Union 2000-2022
- Share of oil and gas production in Russia in 2018, by region
- Share of Ecopetrol's crude oil production 2022, by type
- Ecopetrol's crude oil production 2016-2022, by type
- Refinery feedstock volume of crude oil in Finland 2007-2017
- Liquid hydrocarbons production by Rosneft 2016-2021
- Crude oil production in Angola, by operator 2018
- Proved oil reserves in Norway 1990-2020
- Middle East crude oil reserves by selected country 2015
- Oil production in Argentina 2009-2022
- Proved crude oil reserves in the U.S. 1990-2020
- Global years of remaining global oil supply by region 2020
- Cargo transported through the Suez Canal yearly 2015-2019, by selected cargo type
- Baker Hughes' revenue 2007-2023
- Argentina: soybean oil production volume 2010-2018
- Change in industrial production index of oil and gas in Algeria 2010-2020
Further Content: You might find this interesting as well
Statistics
- Oil production in metric tons 2022, by country
- Global oil production share 2022, by country
- Oil production in the European Union 2000-2022
- Share of oil and gas production in Russia in 2018, by region
- Share of Ecopetrol's crude oil production 2022, by type
- Ecopetrol's crude oil production 2016-2022, by type
- Refinery feedstock volume of crude oil in Finland 2007-2017
- Liquid hydrocarbons production by Rosneft 2016-2021
- Crude oil production in Angola, by operator 2018
- Proved oil reserves in Norway 1990-2020
- Middle East crude oil reserves by selected country 2015
- Oil production in Argentina 2009-2022
- Proved crude oil reserves in the U.S. 1990-2020
- Global years of remaining global oil supply by region 2020
- Cargo transported through the Suez Canal yearly 2015-2019, by selected cargo type
- Baker Hughes' revenue 2007-2023
- Argentina: soybean oil production volume 2010-2018
- Change in industrial production index of oil and gas in Algeria 2010-2020
Topics
OPECOPEC. (December 14, 2023). OPEC's crude oil production as a share of worldwide total from 2010 to 2022 [Graph]. In Statista. Retrieved March 29, 2024, from https://www.statista.com/statistics/292590/global-crude-oil-production-opec-share/
OPEC. "OPEC's crude oil production as a share of worldwide total from 2010 to 2022." Chart. December 14, 2023. Statista. Accessed March 29, 2024. https://www.statista.com/statistics/292590/global-crude-oil-production-opec-share/
OPEC. (2023). OPEC's crude oil production as a share of worldwide total from 2010 to 2022. Statista. Statista Inc.. Accessed: March 29, 2024. https://www.statista.com/statistics/292590/global-crude-oil-production-opec-share/
OPEC. "Opec's Crude Oil Production as a Share of Worldwide Total from 2010 to 2022." Statista, Statista Inc., 14 Dec 2023, https://www.statista.com/statistics/292590/global-crude-oil-production-opec-share/
OPEC, OPEC's crude oil production as a share of worldwide total from 2010 to 2022 Statista, https://www.statista.com/statistics/292590/global-crude-oil-production-opec-share/ (last visited March 29, 2024)
OPEC's crude oil production as a share of worldwide total from 2010 to 2022 [Graph], OPEC, December 14, 2023. [Online]. Available: https://www.statista.com/statistics/292590/global-crude-oil-production-opec-share/