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Malaysia oil production down 5.5% in Q1

Created at 5 Jun · 10:28 AM1 source↑ Market-relevant
IN SHORT

Malaysia's crude and condensate production decreased by 5.5% year-over-year to 43 million barrels in Q1 2026, primarily driven by a 9.4% slump in crude oil output. Condensate production saw a 3% increase during the same period.

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Key Numbers

5.5%Year-over-year drop in Malaysia's oil production in Q1
43 million barrelsTotal Malaysian oil production in Q1 2026
9.4%Year-over-year drop in Malaysia's crude oil production in Q1
28.1 million barrelsMalaysia's crude oil production in Q1 2026
3%Year-over-year increase in Malaysia's condensate output in Q1
14.9 million barrelsMalaysia's condensate output in Q1 2026

Who's Involved

Department of Statistics Malaysia (DOSM)
Released data on Malaysia's oil production figures

↳ Why This Matters

The decline in Malaysia's oil production, particularly crude output, may impact global supply figures and potentially influence regional oil prices, especially given its role as an oil exporter.

Key facts

  • Malaysia's crude and condensate production fell 5.5% year-over-year in Q1 2026.
  • Total production reached 43 million barrels in Q1 2026.
  • Crude oil output decreased by 9.4% to 28.1 million barrels.
  • Condensate output increased by 3% to 14.9 million barrels.

Malaysia's crude and condensate production experienced a 5.5% decline compared to the previous year, totaling 43 million barrels in the first quarter of 2026. This decrease was primarily attributed to a significant slump in crude oil output, which fell by 9.4% to 28.1 million barrels during the quarter. Conversely, condensate production saw a modest increase of 3%, reaching 14.9 million barrels. The data was released by the Department of Statistics Malaysia (DOSM). Natural gas output also saw a decline of 2.1% in the same period.

Frequently asked questions

Malaysia's total crude and condensate production was 43 million barrels in the first quarter of 2026.

The decrease was primarily due to a slump in crude oil output, which fell by 9.4%.

No, while crude oil output decreased, condensate production increased by 3% in the same period.

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How It Developed

5 Jun · 10:00 AM
Malaysia's crude and condensate production decreased by 5.5% year-on-year to 43 million barrels in Q1 2026, driven by a decline in crude output.
OilPrice.com Updates daily via PiQSuite

Sources

T1
Malaysia's Oil Production Fell 5.5% in Q1m.piqsuite.com

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