OPEC's share of total global crude oil production from 2009 to 2016*

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Share of global production

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This statistic depicts OPEC's share of total global crude oil production from 2009 to 2016. In 2009, the OPEC countries generated some 42 percent of the total crude oil production worldwide. This percentage increased to over 45 percent until 2012. In 2015, the average annual OPEC crude oil price was some 49.49 U.S. dollars per barrel, while in 2014 the price was nearly double that amount at 96.29 U.S. dollars per barrel. OPEC stands for the Organization of the Petroleum Exporting Countries, established in 1960 in Baghdad, Iraq.
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Release date
June 2017
Survey time period
2009 to 2016
Supplementary notes
* Revisions have been made throughout the time series.

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