Crude Oil Production in Saudi Arabia increased to 8984 BBL/D/1K in August from 8479 BBL/D/1K in July of 2020.

Crude Oil Production in Saudi Arabia averaged 8164.42 BBL/D/1K from 1973 until 2020, reaching an all time high of 12007 BBL/D/1K in April of 2020 and a record low of 2340 BBL/D/1K in August of 1985. This page provides the latest reported value for - Saudi Arabia Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Saudi Arabia Crude Oil Production - values, historical data and charts - was last updated on September of 2020. source: Organization of the Petroleum Exporting Countries

Crude Oil Production in Saudi Arabia is expected to be 8500.00 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 Saudi Arabia to stand at 11000.00 in 12 months time. In the long-term, the Saudi Arabia Crude Oil Production is projected to trend around 11000.00 BBL/D/1K in 2021, according to our econometric models.

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Saudi Arabia Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
8984.00 8479.00 12007.00 2340.00 1973 - 2020 BBL/D/1K Monthly
NSA


Saudi Arabia Crude Oil Production
Saudi Arabia, is the world’s largest oil exporter, accounting for 10 percent of global oil supply.