ISIC B06 · Industry hub · 5 publishers

Oil and Gas statistics

155 verified figures across 79 measures of the oil and gas industry, from 5 publishers in 11 regions. Every number opens the report and sentence it was taken from.

155 verified figures Updated 27 Sep 2026 Reviewed 15 Sep 2026 Sources typically refresh annually

Key findings

The most quotable figures in this dataset, each with its publisher. Copy a citation or open the record to read the source sentence.

Market size and output 6

  1. Liquid fuels production worldwide was 106.2 million barrels per day in 2025 (EIA). EIA ↗ T1 Official
  2. Non-OPEC liquid fuels production worldwide was 76.9 million barrels per day in 2025 (EIA). EIA ↗ T1 Official
  3. OPEC liquid fuels production worldwide was 29.3 million barrels per day in 2025 (EIA). EIA ↗ T1 Official
  4. Oil demand worldwide was 104.3 million barrels per day in 2025 (EIA). EIA ↗ T1 Official
  5. Production licences offered in Norway was 57 in 2025 (Sodir). Sodir ↗ T1 Official
  6. Crude oil production in the United States was 13.7 million barrels per day in 2025 (EIA). EIA ↗ T1 Official

Growth and change 6

  1. IEA projects natural gas demand growth rate worldwide at about 2% in 2026. IEA ↗ T1 Official
  2. Brent crude oil price annual change worldwide was -11 USD per barrel in 2025 (EIA). EIA ↗ T1 Official
  3. IEA projects liquefied natural gas supply change worldwide at 40 bcm in 2026. IEA ↗ T1 Official
  4. IEA projects oil production capacity growth worldwide at more than 5 million barrels per day in 2024–2030. IEA ↗ T1 Official
  5. IEA projects oil demand growth worldwide at 2.5 million barrels per day in 2024–2030. IEA ↗ T1 Official
  6. Natural gas price growth rate worldwide was nearly -20% between 24 June 2025 and 30 June 2025 (IEA). IEA ↗ T1 Official

Prices and costs 2

  1. Brent crude oil spot price worldwide (USD per barrel) was 69 USD per barrel in 2025 (EIA). EIA ↗ T1 Official
  2. Liquefied natural gas spot price in Asia-Pacific (USD/MBtu) was 14.8 USD/MBtu as of 19 June 2025 (IEA). IEA ↗ T1 Official

Charts

The best-covered series in this dataset. Every chart can be embedded with its attribution line, and its underlying data is one click below it.

Oil demand

Global, 2023 to 2030

6 observations · 2023 to 2030

Forecast: dashed line, hollow markers, shaded band

Oil demandOil demand. 6 observations from 2023 to 2030, ranging from 102.6 million barrels per day to 105.5 million barrels per day, of which 4 are forecasts. Latest value 105.5 million barrels per day (2030). million barrels per day 0 30 60 90 120 2023 2024 2025 2026 2027 2028 2029 2030 105 106
Oil demandOil demand. 6 observations from 2023 to 2030, ranging from 102.6 million barrels per day to 105.5 million barrels per day, of which 4 are forecasts. Latest value 105.5 million barrels per day (2030). million barrels per day 0 30 60 90 120 2023 2024 2025 2026 2027 2028 2029 2030 105 106
Oil demandOil demand. 6 observations from 2023 to 2030, ranging from 102.6 million barrels per day to 105.5 million barrels per day, of which 4 are forecasts. Latest value 105.5 million barrels per day (2030). million barrels per day 0 30 60 90 120 2023 2024 2025 2026 2027 2028 2029 2030 105 106
View the underlying data
Oil demand
Period Type Value
2023 Forecast 104.7 million barrels per day
2024 Actual 103.1 million barrels per day
2025 Actual 104.3 million barrels per day
2026 Forecast 102.6 million barrels per day
2027 Forecast 105 million barrels per day
2030 Forecast 105.5 million barrels per day
Source: IEA, EIA · million barrels per day · CC BY 4.0 · statorigin.org
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<iframe src="https://statorigin.org/embed/oil-and-gas--oil-demand--global" width="100%" height="380" style="border:1px solid #e2e5e3;border-radius:8px" title="Oil demand" loading="lazy"></iframe>
<p><a href="https://statorigin.org/industries/oil-and-gas">Data: IEA and EIA via StatOrigin</a> · CC BY 4.0</p>
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Forecasts are dashed, with hollow markers.

Natural gas demand growth rate by region

2026 · 3 regions

Forecast World, 2024: 2.8%

Natural gas demand growth rate by regionNatural gas demand growth rate by region. 3 categories, highest is Asia-Pacific at 4%. Europe Africa Asia-Pacific -2% 3.5% 4%
Natural gas demand growth rate by regionNatural gas demand growth rate by region. 3 categories, highest is Asia-Pacific at 4%. Europe Africa Asia-Pacific -2% 3.5% 4%
Natural gas demand growth rate by regionNatural gas demand growth rate by region. 3 categories, highest is Asia-Pacific at 4%. Europe Africa Asia-Pacific -2% 3.5% 4%
View the underlying data
Natural gas demand growth rate by region
Category Source Type Value
Asia-Pacific IEA Forecast 4%
Africa IEA Forecast 3.5%
Europe IEA Forecast -2%
Source: IEA · percent · CC BY 4.0 · statorigin.org
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<iframe src="https://statorigin.org/embed/oil-and-gas--natural-gas-demand-growth-rate--by-region" width="100%" height="380" style="border:1px solid #e2e5e3;border-radius:8px" title="Natural gas demand growth rate by region" loading="lazy"></iframe>
<p><a href="https://statorigin.org/industries/oil-and-gas">Data: IEA via StatOrigin</a> · CC BY 4.0</p>
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Forecast bars are tinted.

Crude oil production

United States, 2024 to 2027

5 observations · 2024 to 2027

Forecast: dashed line, hollow markers, shaded band Estimates are listed as such in the table below No figure published for these periods

Crude oil productionCrude oil production. 5 observations from 2024 to 2027, ranging from 13.3 million barrels per day to 14.3 million barrels per day, of which 2 are forecasts. Latest value 14.3 million barrels per day (2027). million barrels per day 0 3 6 9 12 15 Jul 2024 Jul 2025 Jul 2026 2024 2025 2026 2027 13.3 14.3
Crude oil productionCrude oil production. 5 observations from 2024 to 2027, ranging from 13.3 million barrels per day to 14.3 million barrels per day, of which 2 are forecasts. Latest value 14.3 million barrels per day (2027). million barrels per day 0 5 10 15 Jul 2024 Jul 2025 Jul 2026 2024 2025 2026 2027 13.3 14.3
Crude oil productionCrude oil production. 5 observations from 2024 to 2027, ranging from 13.3 million barrels per day to 14.3 million barrels per day, of which 2 are forecasts. Latest value 14.3 million barrels per day (2027). million barrels per day 0 5 10 15 Jul 2024 Jul 2025 Jul 2026 2024 2025 2026 2027 13.3 14.3
View the underlying data
Crude oil production
Period Type Value
2024 Actual 13.3 million barrels per day
2025 Actual 13.7 million barrels per day
2026 Forecast 13.8 million barrels per day
as of 6 Aug 2026 Estimate 14 million barrels per day
2027 Forecast 14.3 million barrels per day
Source: EIA, API · million barrels per day · CC BY 4.0 · statorigin.org
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<iframe src="https://statorigin.org/embed/oil-and-gas--crude-oil-production--trend" width="100%" height="380" style="border:1px solid #e2e5e3;border-radius:8px" title="Crude oil production" loading="lazy"></iframe>
<p><a href="https://statorigin.org/industries/oil-and-gas">Data: EIA and API via StatOrigin</a> · CC BY 4.0</p>
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Forecasts are dashed, with hollow markers.

Crude oil and petroleum products net imports

United States, 2024 to 2027

4 observations · 2024 to 2027

Forecast: dashed line, hollow markers, shaded band

Crude oil and petroleum products net importsCrude oil and petroleum products net imports. 4 observations from 2024 to 2027, ranging from -4.2 million barrels per day to -2.3 million barrels per day, of which 2 are forecasts. Latest value -3.8 million barrels per day (2027). million barrels per day -5 -4 -3 -2 -1 0 2024 2025 2026 2027 FORECAST -2.3 -3.8
Crude oil and petroleum products net importsCrude oil and petroleum products net imports. 4 observations from 2024 to 2027, ranging from -4.2 million barrels per day to -2.3 million barrels per day, of which 2 are forecasts. Latest value -3.8 million barrels per day (2027). million barrels per day -5 -4 -3 -2 -1 0 2024 2025 2026 2027 FORECAST -2.3 -3.8
Crude oil and petroleum products net importsCrude oil and petroleum products net imports. 4 observations from 2024 to 2027, ranging from -4.2 million barrels per day to -2.3 million barrels per day, of which 2 are forecasts. Latest value -3.8 million barrels per day (2027). million barrels per day -5 -4 -3 -2 -1 0 2024 2025 2026 2027 FORECAST -2.3 -3.8
View the underlying data
Crude oil and petroleum products net imports
Period Type Value
2024 Actual -2.3 million barrels per day
2025 Actual -2.8 million barrels per day
2026 Forecast -4.2 million barrels per day
2027 Forecast -3.8 million barrels per day
Source: EIA · million barrels per day · CC BY 4.0 · statorigin.org
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<iframe src="https://statorigin.org/embed/oil-and-gas--crude-oil-and-petroleum-products-net-imports--trend" width="100%" height="380" style="border:1px solid #e2e5e3;border-radius:8px" title="Crude oil and petroleum products net imports" loading="lazy"></iframe>
<p><a href="https://statorigin.org/industries/oil-and-gas">Data: EIA via StatOrigin</a> · CC BY 4.0</p>
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Forecasts are dashed, with hollow markers.

Oil and Gas statistics by topic

Each topic gathers one measure across every country and year, with its own country pages and rankings.

Every measure in this dataset

Latest value for each measure, the change from the previous period, and its trend. The full records, with provenance columns, are in the CSV download.

Crude oil price 9

Benchmark spot or market price of crude oil per barrel. 9 slices on this page.

WTI crude oil spot price United States · 2025 65 USD per barrel −16% since 2024 EIA 4 records
WTI crude oil spot price (year to date) United States · January–August 2026 84 USD per barrel EIA 2 records
Brent crude oil spot price (quarterly) Global · Q2 2027 Forecast 77 USD per barrel EIA 1 record
Crude oil spot price Global · August 2026 91 USD per barrel EIA 1 record
Show 1 more measure

Natural gas price 5

Average price of natural gas supplied to consumers. 5 slices on this page.

Henry Hub natural gas spot price United States · 2025 3.53 USD per million Btu +61% since 2024 EIA 4 records
Natural gas spot price United States · 2025 3.53 USD per million Btu +61% since 2024 EIA 4 records
Henry Hub natural gas spot price annual change United States · 2026 Forecast -2% EIA 1 record
Natural gas price growth rate Global · 24 Jun 2025 to 30 Jun 2025 -20% IEA 1 record

Natural gas production 5

Total volume of natural gas extracted and made available for commercial distribution or sale. 5 slices on this page.

Dry natural gas production United States · 2025 107.6 billion cubic feet per day +4.4% since 2024 EIA 4 records
Permian natural gas production United States · 2026 Forecast 29.2 billion cubic feet per day EIA 1 record

Retail price 5

The final price at which a good or service is sold to consumers. 5 slices on this page.

Retail diesel fuel price United States · 2025 3.66 USD per gallon −2.7% since 2024 EIA 4 records
Retail gasoline price United States · 2025 3.1 USD per gallon −6.3% since 2024 EIA 4 records
Retail gasoline price (USD) United States · 2025 3.1 USD per gallon −6.3% since 2024 EIA 4 records
Retail diesel fuel price (USD) United States · 2027 Forecast 4.4 USD per gallon EIA 2 records
Retail diesel fuel price (USD/gallon) United States · 17 Aug 2026 to 23 Aug 2026 5.58 USD/gallon API 1 record

Crude oil production 4

Total volume of crude oil produced from underground hydrocarbon reservoirs. 4 slices on this page.

Crude oil production United States · as of 6 Aug 2026 Estimate 14 million barrels per day API 5 records
Crude oil production (year to date) United States · January–June 2026 13.7 million barrels per day EIA 1 record
Crude oil production growth United States · January–June 2026 2% EIA 1 record
Crude oil production growth (barrels per day) United States · January–June 2026 0.3 million barrels per day EIA 1 record

Liquefied natural gas imports 4

Total volume of liquefied natural gas imported. 4 slices on this page.

Liquefied natural gas imports Europe · January–June 2025 92 bcm IEA 1 record
Liquefied natural gas import growth rate China · Q1 2025 -20% IEA 3 records
Liquefied natural gas import change European Union · Q1 2025 20 bcm IEA 1 record
Liquefied natural gas import growth rate (annual) Asia-Pacific · 2026 Forecast 10% IEA 1 record

Liquid fuels production 3

Total volume of crude oil and other petroleum liquids produced per day. 3 slices on this page.

Liquid fuels production Global · 2025 106.2 million barrels per day +2.9% since 2024 EIA 4 records
Non-OPEC liquid fuels production Global · 2025 76.9 million barrels per day +2.9% since 2024 EIA 4 records
OPEC liquid fuels production Global · 2025 29.3 million barrels per day +3.2% since 2024 EIA 4 records

Natural gas inventories 3

Total volume of natural gas held in storage facilities. 3 slices on this page.

Natural gas inventories United States · as of 31 Oct 2026 Forecast 3,969 billion cubic feet EIA 1 record
Natural gas inventories deviation from five-year average United States · as of 31 Oct 2026 Forecast 5% EIA 1 record
Working natural gas inventories vs year-ago level United States · as of 31 Oct 2026 Forecast 1% EIA 1 record

Oil demand 3

Total volume of oil and other liquid fuels consumed or demanded. 3 slices on this page.

Oil demand Global · 2025 104.3 million barrels per day +1.2% since 2024 EIA 10 records
Share of global oil demand growth China · 2015–2024 60% IEA 1 record
Oil demand growth Global · 2024–2030 Forecast 2.5 million barrels per day IEA 3 records

Capital investment 2

Total monetary funds invested in capital assets, facilities, or infrastructure. 2 slices on this page.

Upstream capital expenditure United States · as of 6 Aug 2026 Estimate 150 billion USD/year API 1 record
Upstream oil and gas capital expenditure growth Global · 2016 -25% 0 pp since 2015 IEA 3 records

Employment 2

Total number of individuals employed within a specified industry sector or facility. 2 slices on this page.

Oil and gas industry employment (count) United States · as of 12 Aug 2026 Estimate 11 million 0% since 10 Aug 2026 API 2 records
Oil and gas industry employment United States · as of 14 Aug 2026 Estimate 11 million jobs API 1 record

Liquefied natural gas price 2

The price of liquefied natural gas traded in wholesale markets or at import terminals. 2 slices on this page.

Liquefied natural gas spot price (USD/MBtu) Asia-Pacific · as of 19 Jun 2025 14.8 USD/MBtu IEA 1 record
Liquefied natural gas spot price growth rate Asia-Pacific · Q1 2025 28% IEA 1 record

Liquefied natural gas supply 2

Total volume of liquefied natural gas supplied to the market. 2 slices on this page.

Liquefied natural gas supply change Global · 2026 Forecast 40 bcm IEA 2 records
Liquefied natural gas supply growth rate Global · 2026 Forecast 7% IEA 2 records

Natural gas consumption 2

Total volume or energy content of natural gas consumed across end-use sectors. 2 slices on this page.

Natural gas consumption United States · 2023 Estimate 2.5 billion cubic feet per day EIA 1 record
Natural gas demand growth rate Global · 2024 2.8% IEA 8 records

Oil production capacity 2

Maximum sustainable volume of crude oil and liquid fuels that can be produced. 2 slices on this page.

Oil production capacity Global · 2030 Forecast 114.7 million barrels per day IEA 1 record
Oil production capacity growth Global · 2024–2030 Forecast 5 million barrels per day IEA 2 records

Petroleum product exports 2

Volume or quantity of refined petroleum products exported to external markets. 2 slices on this page.

Petroleum product shipments 2

Total volume of refined petroleum products transported to destination points. 2 slices on this page.

Spare production capacity 2

Operational production capacity readily available to come online, expressed relative to demand. 2 slices on this page.

Spare capacity share of demand Global · 2023 Forecast 2.2% IEA 1 record
Spare crude oil production capacity Saudi Arabia · 2018 Estimate 2 million barrels per day IEA 1 record

Measures with one series 20

One slice each, so they have nothing to add up with on this page.

LNG exports United States · 2025 15.1 billion cubic feet per day +27% since 2024 EIA 4 records
Natural gas share of electricity generation United States · 2025 40% −2 pp since 2024 EIA 4 records
Oil inventory drawdown Global · Q2 2026 Estimate 3.9 million barrels per day EIA 3 records
Companies offered ownership interests Norway · 2025 19 Sodir 1 record
Crude oil export capacity United States · 2023 Forecast 4.9 million barrels per day IEA 1 record
Show 12 more measures

79 measures. Each name opens the full series; each value opens the record with its source evidence.

Answered from the data

Common questions

How much does the global oil and gas industry produce?

Liquid fuels production worldwide was 106.2 million barrels per day in 2025 (EIA).

Open the full record 106.2 million barrels per day 2025 EIA

How fast is the oil and gas market growing?

Natural gas demand growth rate worldwide was 2.8% in 2024 (IEA).

Open the full record 2.8% 2024 IEA

What are the key market share figures for oil and gas?

Natural gas share of electricity generation in the United States was 40% in 2025 (EIA).

Open the full record 40% 2025 EIA

What is the forecast for oil and gas?

EIA projects liquid fuels production worldwide at 100.6 million barrels per day in 2026.

Open the full record 100.6 million barrels per day 2026 EIA

Where does this oil and gas data come from?

Every figure on this page traces to a primary source: 5 organisations publish the underlying data, and the observed figures span 2015 to 2026, with projections to 2050. The full source table lists each report, its publication date and the original link.

How often is this page updated?

The dataset was last verified on 27 September 2026. Annual series are refreshed when the publisher releases a new edition; corrections are accepted at any time and answered within 48 hours.

Sources

Every document behind this page, with the date we read it and whether the link still resolves. All 155 collected records are published as verified.

23 primary source documents. Every figure on this page traces to one of these.
Document Publisher Authority tier Published Accessed Locator Data points
Market Report Series: Oil 2018 Report IEA T1 Official — 15 Sep 2026 The United States; Solid economy underpins demand growth; The US dominates supply growth 10
Executive summary – Gas Market Report, Q3-2025 Report IEA T1 Official — 15 Sep 2026 Market fundamentals remained tight in the first half of 2025, supporting higher prices in key import markets; Natural gas demand in Asia markedly slowed in the first half of 2025 amid macroeconomic uncertainty and tight supply; … supporting stronger demand growth in price-sensitive Asian import markets 19
Global natural gas demand growth set to accelerate in 2026 as more LNG supply comes to market Press release IEA T1 Official — 15 Sep 2026 Global natural gas demand growth set to accelerate in 2026 as more LNG supply comes to market 1
Gas Market Report, Q3 2024 Report IEA T1 Official — 15 Sep 2026 About this report 1
Amid rising geopolitical strains, oil markets face new uncertainties as the drivers of supply and demand growth shift Press release IEA T1 Official — 15 Sep 2026 Amid rising geopolitical strains, oil markets face new uncertainties as the drivers of supply and demand growth shift 7
Market Report Series: Oil 2019 Report IEA T1 Official — 15 Sep 2026 US shale powers global oil market transformation; Upstream investment rises for third straight year 2
General news Press release Sodir T1 Official — 15 Sep 2026 19 companies offered ownership interests; Interest in exploration on the Norwegian continental shelf remains high; Norwegian companies take a more dominant role 4
Lower crude oil prices reduced U.S.-Canada energy trade value in 2025 Press release EIA T1 Official — 15 Sep 2026 Crude oil 2
Short-Term Energy Outlook Press release EIA T1 Official — 15 Sep 2026 Global oil prices; Global Petroleum and Other Liquids 23
Short-Term Energy Outlook Press release EIA T1 Official — 15 Sep 2026 Petroleum Products; U.S. distillate inventories 25
Short-Term Energy Outlook Press release EIA T1 Official — 15 Sep 2026 Global oil prices; Overview; Natural gas storage 18
United States on track for record crude oil production in 2026 Press release EIA T1 Official — 15 Sep 2026 United States on track for record crude oil production in 2026; Permian 4
Short-Term Energy Outlook Press release EIA T1 Official — 15 Sep 2026 Natural Gas; Natural gas production; Natural gas storage 15
United States on track for record natural gas production in 2026 Press release EIA T1 Official — 15 Sep 2026 United States on track for record natural gas production in 2026 7
Market dynamics vary at key natural gas pricing hubs Press release EIA T1 Official — 15 Sep 2026 Pacific region 1
Dangote refinery drives increase in petroleum shipments from Nigeria Press release EIA T1 Official — 15 Sep 2026 Dangote refinery drives increase in petroleum shipments from Nigeria 5
Waterborne shipments from the U.S. Gulf Coast increased in April and May Press release EIA T1 Official — 15 Sep 2026 Waterborne shipments from the U.S. Gulf Coast increased in April and May 2
Inside the Global Squeeze on Diesel Press release API T2 Official 26 Aug 2026 15 Sep 2026 U.S. refineries are already running hard to keep the market supplied; Inside the Global Squeeze on Diesel; The world has lost almost 10% of its fuel-making capacity 3
API and Instituto Mexicano del Petróleo Sign MOU to Strengthen Technical Cooperation Press release API T2 Official 14 Aug 2026 15 Sep 2026 API and Instituto Mexicano del Petróleo Sign MOU to Strengthen Technical Cooperation 1
Gulf of America Lease Sale 'Another Vote of Confidence in American Energy' Press release API T2 Official 12 Aug 2026 15 Sep 2026 Gulf of America Lease Sale 'Another Vote of Confidence in American Energy' 1
API Applauds Trump Administration Extension of Jones Act Waivers Press release API T2 Official 10 Aug 2026 15 Sep 2026 API Applauds Trump Administration Extension of Jones Act Waivers 1
The Long View: How America Became the World's Energy Stabilizer Press release API T2 Official 6 Aug 2026 15 Sep 2026 Years of investment changed America’s role in global energy 2
Five things you may not know about natural gas Press release Chevron T3 Research — 15 Sep 2026 Did you know? 1

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Cite and reuse

Published under CC BY 4.0. Reuse is free, including commercially, with attribution.

StatOrigin. (2026). Oil and Gas Industry Statistics. Retrieved from https://statorigin.org/industries/oil-and-gas

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