Crude Oil Production in Saudi Arabia increased to 9784 BBL/D/1K in February from 9748 BBL/D/1K in January of 2020.

Crude Oil Production in Saudi Arabia averaged 8153.49 BBL/D/1K from 1973 until 2020, reaching an all time high of 11093 BBL/D/1K in November of 2018 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 March of 2020. source: Organization of the Petroleum Exporting Countries

Crude Oil Production in Saudi Arabia is expected to be 10300.00 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 11100.00 in 12 months time. In the long-term, the Saudi Arabia Crude Oil Production is projected to trend around 10500.00 BBL/D/1K in 2021 and 10400.00 BBL/D/1K in 2022, according to our econometric models.

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Saudi Arabia Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
9784.00 9748.00 11093.00 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.