Crude Oil Production in Russia increased to 11051 BBL/D/1K in December from 10972 BBL/D/1K in November of 2018. Crude Oil Production in Russia averaged 8377.81 BBL/D/1K from 1992 until 2018, reaching an all time high of 11051 BBL/D/1K in December of 2018 and a record low of 5707 BBL/D/1K in May of 1998.
Crude Oil Production in Russia is expected to be 10900.00 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 Russia to stand at 10450.00 in 12 months time. In the long-term, the Russia Crude Oil Production is projected to trend around 10200.00 BBL/D/1K in 2020, according to our econometric models.