- Oil Production refers to the total amount of crude oil extracted from underground reservoirs within a country during a given year, before any refining or processing takes place.
Italy Oil Production was 0.0900 Million Barrels Daily in 2023, down 4.3% on 2022. The Oil Production dataset of Italy from 2015 to 2023 provides a clear and consistent view of the country's oil production landscape, highlighting output trends, production levels, supply changes, industry performance, and annual market developments over the observed period.
Italy Oil Production moved from 0.113 Million Barrels Daily in 2015 to 0.0900 Million Barrels Daily in 2023 (−20.4%), an average of −2.8% a year. The series high was 0.113 Million Barrels Daily in 2015 and the low 0.0780 Million Barrels Daily in 2016.
The gap between the series high (2015) and low (2016) is 0.0350 Million Barrels Daily. The sharpest single-year move was −31% in 2016.
Among the 27 countries in this dataset, Italy ranks 26 for 2023, behind U.S. (19.36 Million Barrels Daily) and Saudi Arabia (11.39 Million Barrels Daily). It accounts for 0.1% of the global total in 2023.
Full series
Complete annual series with year-on-year change. Values are reported in Million Barrels Daily.
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| Year | Million Barrels Daily | Change vs prior year |
|---|---|---|
| 2023 | 0.0900 | −4.3% |
| 2022 | 0.0940 | −6% |
| 2021 | 0.100 | −10.7% |
| 2020 | 0.112 | +25.8% |
| 2019 | 0.0890 | −8.2% |
| 2018 | 0.0970 | +12.8% |
| 2017 | 0.0860 | +10.3% |
| 2016 Trough | 0.0780 | −31% |
| 2015Peak | 0.113 | — |
Regional context
Oil Production by country, 2023, Million Barrels Daily. Italy is highlighted.
Data definition
Oil Production — - Oil Production refers to the total amount of crude oil extracted from underground reservoirs within a country during a given year, before any refining or processing takes place. It is typically measured in thousand barrels per day (kb/d) and represents the output of crude petroleum from both conventional and unconventional sources. This indicator reflects a country’s upstream oil industry performance, resource availability, and role in global energy supply. It is widely used to assess production trends, energy security, and dependence on oil resources for economic development.
The data includes crude oil extracted from both onshore and offshore oil fields, covering production from conventional wells as well as unconventional sources such as tight oil and shale oil where applicable. It includes all crude oil produced at the wellhead before refining, processing, or blending. The indicator may also include lease condensate when reported as part of crude oil production in national energy statistics. Data is compiled from national energy agencies, oil companies, and standardized international energy databases, ensuring consistency in comparing production levels across countries and over time.
The data excludes refined petroleum products such as gasoline, diesel, jet fuel, kerosene, LPG, and other products derived from crude oil after refining. It does not include natural gas production, natural gas liquids (except where classified as condensate under crude oil reporting), biofuels, synthetic crude from coal-to-liquids or gas-to-liquids processes, or refinery gains. The indicator does not measure oil consumption, reserves, imports, exports, or refining capacity. Minor variations may arise due to differences in national reporting standards, classification of condensates, and estimation methodologies used across countries.
Oil Production — - Oil Production refers to the total amount of crude oil extracted from underground reservoirs within a country during a given year, before any refining or processing takes place. It is typically measured in thousand barrels per day (kb/d) and represents the output of crude petroleum from both conventional and unconventional sources. This indicator reflects a country’s upstream oil industry performance, resource availability, and role in global energy supply. It is widely used to assess production trends, energy security, and dependence on oil resources for economic development.
Measured in thousand barrels daily, the dataset reflects total oil production and serves as an important indicator of upstream activity, domestic energy supply, investment trends, resource development, and the overall performance of Italy's petroleum sector.
Italy produced 113 thousand barrels daily in 2015 before declining to 78 thousand in 2016. Production recovered to 86 thousand barrels daily in 2017 and increased further to 97 thousand in 2018. Output eased to 89 thousand barrels daily in 2019 before rebounding to 112 thousand in 2020, supported by improved operational performance and stronger field output. Production subsequently declined to 100 thousand barrels daily in 2021, 94 thousand in 2022, and 90 thousand barrels daily in 2023, reflecting fluctuations in mature field performance and limited production growth opportunities.
Overall, the dataset illustrates moderate fluctuations in Italy's oil production throughout the review period, with temporary recovery in 2020 followed by a gradual decline. Although domestic production remains relatively limited, it continues to contribute to national energy supply while supporting the country's upstream petroleum industry and reducing reliance on imported crude oil.
The dataset serves as a valuable resource for monitoring national oil production performance, evaluating supply trends, assessing upstream investment, supporting market analysis, forecasting future production, and enabling policymakers, researchers, investors, and industry stakeholders to develop effective energy strategies and production planning.
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Definition- Oil Production refers to the total amount of crude oil extracted from underground reservoirs within a country during a given year, before any refining or processing takes place. It is typically measured in thousand barrels per day (kb/d) and represents the output of crude petroleum from both conventional and unconventional sources. This indicator reflects a country’s upstream oil industry performance, resource availability, and role in global energy supply. It is widely used to assess production trends, energy security, and dependence on oil resources for economic development.
Italy Oil Production was 0.0900 Million Barrels Daily in 2023, down 4.3% on 2022.
Italy Oil Production moved from 0.113 Million Barrels Daily in 2015 to 0.0900 Million Barrels Daily in 2023 (−20.4%), an average of −2.8% a year. The series high was 0.113 Million Barrels Daily in 2015 and the low 0.0780 Million Barrels Daily in 2016.
The highest value was 0.113 Million Barrels Daily in 2015 and the lowest was 0.0780 Million Barrels Daily in 2016.
Included: The data includes crude oil extracted from both onshore and offshore oil fields, covering production from conventional wells as well as unconventional sources such as tight oil and shale oil where applicable. It includes all crude oil produced at the wellhead before refining, processing, or blending. The indicator may also include lease condensate when reported as part of crude oil production in national energy statistics. Data is compiled from national energy agencies, oil companies, and standardized international energy databases, ensuring consistency in comparing production levels across countries and over time. Excluded: The data excludes refined petroleum products such as gasoline, diesel, jet fuel, kerosene, LPG, and other products derived from crude oil after refining. It does not include natural gas production, natural gas liquids (except where classified as condensate under crude oil reporting), biofuels, synthetic crude from coal-to-liquids or gas-to-liquids processes, or refinery gains. The indicator does not measure oil consumption, reserves, imports, exports, or refining capacity. Minor variations may arise due to differences in national reporting standards, classification of condensates, and estimation methodologies used across countries.
The series is sourced from energyinst.org (https://www.energyinst.org/__data/assets/pdf_file/0006/1542714/684_EI_Stat_Review_V16_DIGITAL.pdf). It covers 2015–2023 and is reported in Million Barrels Daily.
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