Upstream Supply -- Key Numbers
Quick-reference data page for investment analysis.
All numbers extracted from 供应端政策与产量.xlsx. See data-upstream-supply for full dataset.
Global Supply Snapshot (2024)
| Metric |
Value |
Unit |
Source Sheet |
| World oil production |
96,890 |
kb/d |
全球石油日均产量 |
| OPEC production |
32,798 |
kb/d |
全球石油日均产量 |
| Non-OPEC production |
64,092 |
kb/d |
全球石油日均产量 |
| US production |
20,135 |
kb/d |
全球石油日均产量 |
| Saudi Arabia production |
10,856 |
kb/d |
全球石油日均产量 |
| Russia production |
10,752 |
kb/d |
全球石油日均产量 |
| China production |
4,263.6 |
kb/d |
全球石油日均产量 |
| Canada production |
5,888.0 |
kb/d |
全球石油日均产量 |
| Iraq production |
4,398.1 |
kb/d |
全球石油日均产量 |
| Brazil production |
3,465.6 |
kb/d |
全球石油日均产量 |
| UAE production |
4,005.7 |
kb/d |
全球石油日均产量 |
| Iran production |
5,062.0 |
kb/d |
全球石油日均产量 |
| Kuwait production |
2,718.5 |
kb/d |
全球石油日均产量 |
| Norway production |
1,832.9 |
kb/d |
全球石油日均产量 |
| World crude reserves |
1,566,869 |
mn bbl |
全球原油探明储量 |
| OPEC crude reserves |
1,241,294 |
mn bbl |
全球原油探明储量 |
| OPEC reserves share |
79.22 |
% |
全球原油探明储量 |
| Saudi reserves |
267,200 |
mn bbl |
全球原油探明储量 |
| Venezuela reserves |
303,221 |
mn bbl |
全球原油探明储量 |
| Iran reserves |
208,600 |
mn bbl |
全球原油探明储量 |
| Iraq reserves |
145,019 |
mn bbl |
全球原油探明储量 |
| Russia reserves |
80,000 |
mn bbl |
全球原油探明储量 |
| US reserves |
45,014 |
mn bbl |
全球原油探明储量 |
| China reserves |
28,182 |
mn bbl |
全球原油探明储量 |
| OPEC-13 production (Jan 2026) |
28,453 |
kb/d |
OPEC原油产量 |
| Saudi prod. (Jan 2026, direct) |
10,100 |
kb/d |
OPEC原油产量 |
| OPEC cut compliance (Feb 2025) |
75.00 |
% |
原油减产执行率OPEC |
| Global active rigs (2024) |
1,801.5 |
rigs |
全球运行中的钻井平台数 |
| US active rigs (2024) |
589.0 |
rigs |
全球运行中的钻井平台数 |
| US rotary rigs (Mar 20, 2026) |
552.0 |
rigs |
北美旋转钻井机数(周) |
| US oil rigs (Mar 20, 2026) |
414.0 |
rigs |
北美旋转钻井机数(周) |
| US horizontal rigs |
487.0 |
rigs |
北美旋转钻井机数(周) |
| Permian new wells (Feb 2026) |
423.0 |
wells/mo |
EIA钻井数(月) |
| Permian DUC inventory |
423.0 |
wells |
EIA钻井数(月) |
| OECD BCI (Feb 2026) |
100.0 |
index |
OECD景气调查 |
| G7 BCI (Feb 2026) |
100.0 |
index |
OECD景气调查 |
5-Year Trends (2019 vs 2024)
| Metric |
2024 |
2019 |
Change |
Change % |
| World production (kb/d) |
96,890 |
95,114 |
1,775.6 |
+1.9% |
| US production (kb/d) |
20,135 |
17,138 |
2,996.8 |
+17.5% |
| OPEC production (kb/d) |
32,798 |
33,617 |
-818.9 |
-2.4% |
| Saudi production (kb/d) |
10,856 |
11,832 |
-976.3 |
-8.3% |
| Russia production (kb/d) |
10,752 |
11,679 |
-927.4 |
-7.9% |
| China production (kb/d) |
4,263.6 |
3,848.3 |
415.3 |
+10.8% |
| Brazil production (kb/d) |
3,465.6 |
2,889.7 |
575.9 |
+19.9% |
| Canada production (kb/d) |
5,888.0 |
5,370.8 |
517.2 |
+9.6% |
| Iraq production (kb/d) |
4,398.1 |
4,779.4 |
-381.4 |
-8.0% |
| World reserves (mn bbl) |
1,566,869 |
1,553,804 |
13,065 |
+0.8% |
| OPEC reserves (mn bbl) |
1,241,294 |
1,233,498 |
7,796.0 |
+0.6% |
| Global rigs |
1,801.5 |
2,291.0 |
-489.5 |
-21.4% |
| US rigs |
589.0 |
804.0 |
-215.0 |
-26.7% |
Top 10 Oil Producers (2024, kb/d)
| Rank |
Country |
Production (kb/d) |
Global Share (%) |
| 1 |
USA |
20,135 |
20.8% |
| 2 |
Saudi Arabia |
10,856 |
11.2% |
| 3 |
Russia |
10,752 |
11.1% |
| 4 |
Canada |
5,888.0 |
6.1% |
| 5 |
Iraq |
4,398.1 |
4.5% |
| 6 |
China |
4,263.6 |
4.4% |
| 7 |
UAE |
4,005.7 |
4.1% |
| 8 |
Brazil |
3,465.6 |
3.6% |
| 9 |
Iran |
5,062.0 |
5.2% |
| 10 |
Kuwait |
2,718.5 |
2.8% |
Top 10 Reserve Holders (2024, mn bbl crude)
| Rank |
Country |
Reserves (mn bbl) |
Global Share (%) |
| 1 |
Venezuela |
303,221 |
19.4% |
| 2 |
Saudi Arabia |
267,200 |
17.1% |
| 3 |
Iran |
208,600 |
13.3% |
| 4 |
Iraq |
145,019 |
9.3% |
| 5 |
Kuwait |
101,500 |
6.5% |
| 6 |
UAE |
113,000 |
7.2% |
| 7 |
Russia |
80,000 |
5.1% |
| 8 |
Libya |
48,363 |
3.1% |
| 9 |
USA |
45,014 |
2.9% |
| 10 |
Nigeria |
37,280 |
2.4% |
OPEC+ Production Discipline
| Date |
Compliance (%) |
Signal |
| Feb 2025 |
75.00 |
Weakening -- significant overproduction |
| Jan 2025 |
98.50 |
Near-full compliance |
| Dec 2024 |
96.00 |
Strong compliance |
China Crude Oil Imports (2025 Monthly, 万吨)
| Month |
Monthly Vol |
YoY (%) |
Cumulative |
Cumul. YoY (%) |
| Dec 2025 |
5,597 |
17.4% |
57,773 |
4.4% |
| Nov 2025 |
5,089 |
4.9% |
52,187 |
3.2% |
| Oct 2025 |
4,836 |
8.2% |
47,100 |
3.1% |
China Top Import Sources (Dec 2025, tonnes)
| Source |
Volume (tonnes) |
| Russia |
9,334,921 |
| Saudi Arabia |
6,660,957 |
| Iraq |
5,853,444 |
| Brazil |
5,399,730 |
| Oman |
3,784,221 |
| Angola |
3,150,739 |
| Kuwait |
1,649,765 |
| Congo |
761,588 |
US Drilling Activity (Feb 2026)
| Basin |
New Wells/mo |
Completed/mo |
DUC Inventory |
| Permian |
423 |
448 |
814 |
| Eagle Ford |
105 |
97 |
368 |
| Appalachia |
74 |
74 |
694 |
| Bakken |
60 |
72 |
247 |
| Haynesville |
50 |
48 |
607 |
Last updated: 2026-04-13. Source: 同花顺iFinD via 供应端政策与产量.xlsx