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- World Oil Production Forecast - Update November 2009 Mon, 23 Nov 09, 3:45pmWorld oil production peaked in July 2008 at 74.74 million barrels/day (mbd) and now has fallen to about 72 mbd. It is expected that oil production will decline at about 2.2 mbd per year as shown below in the chart. The forecasts...
- World Oil Production Forecast - Update May 2009 Tue, 19 May 09, 11:59pmWorld oil production peaked in July 2008 at 74.82 million barrels/day (mbd) and now has fallen to about 71 mbd. It is expected that oil production will decline slowly to about December 2010 as OPEC production increases while...