Crude Oil Production in Canada increased to 3854 BBL/D/1K in July from 3655 BBL/D/1K in June of 2020. source: U.S. Energy Information Administration
Crude Oil Production in Canada averaged 2185.71 BBL/D/1K from 1973 until 2020, reaching an all time high of 4670 BBL/D/1K in December of 2019 and a record low of 955 BBL/D/1K in April of 1982. This page provides the latest reported value for - Canada Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Crude Oil Production - values, historical data and charts - was last updated on November of 2020.
Crude Oil Production in Canada is expected to be 4800.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Canada to stand at 4800.00 in 12 months time. In the long-term, the Canada Crude Oil Production is projected to trend around 4900.00 BBL/D/1K in 2021, according to our econometric models.