Crude Oil Production in Canada increased to 4379 BBL/D/1K in December from 4225 BBL/D/1K in November of 2018. Crude Oil Production in Canada averaged 2109.56 BBL/D/1K from 1973 until 2018, reaching an all time high of 4379 BBL/D/1K in December of 2018 and a record low of 955 BBL/D/1K in April of 1982.
Crude Oil Production in Canada is expected to be 4000.00 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 4450.00 in 12 months time. In the long-term, the Canada Crude Oil Production is projected to trend around 4300.00 BBL/D/1K in 2020, according to our econometric models.