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Record High February World Oil Production
Ron Patterson and Guests · 2026-06-16 · via All Articles on Seeking Alpha

Summary

  • The world's February oil production increased by 2,108 kb/d to 86,662 kb/d, a new high, and is over 2,000 kb/d higher than November 2018.
  • Production in March 2026 is projected to fall by 9,948 kb/d to 76,714 kb/d. May production is forecast to be the bottom and is projected to be 73,663 kb/d.
  • The EIA reported Russia’s February C + C production declined by 50 kb/d to 9,977 kb/d and was up by 264 kb/d from February 2025.
Digital screen showcasing financial chart graphs and oil pumps field.

CoreDesignKEY/iStock via Getty Images

A guest post by Ovi

The focus of this post is an overview of world oil production along with a more detailed review of the top 11 non-OPEC oil-producing countries. OPEC production is covered in a