Crude Oil Production in Saudi Arabia decreased to 9129 BBL/D/1K in September from 9789 BBL/D/1K in August of 2019. Crude Oil Production in Saudi Arabia averaged 8138.25 BBL/D/1K from 1973 until 2019, 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.

Crude Oil Production in Saudi Arabia is expected to be 8000.00 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 10000.00 in 12 months time. In the long-term, the Saudi Arabia Crude Oil Production is projected to trend around 10300.00 BBL/D/1K in 2020, according to our econometric models.

Saudi Arabia Crude Oil Production
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Saudi Arabia Trade Last Previous Highest Lowest Unit
Balance of Trade 127500.00 131654.00 454159.00 3898.00 Million SAR [+]
Current Account 12407.00 13674.00 90060.70 -27509.30 USD Million [+]
Current Account to GDP 9.20 1.50 28.50 -21.00 percent [+]
Imports 127699.00 117176.00 222985.00 2578.00 Million SAR [+]
Exports 255199.00 248830.00 677144.00 9118.00 Million SAR [+]
Capital Flows 12301.00 12093.00 102296.29 -49295.00 USD Million [+]
Tourism Revenues 14848.00 13438.00 14848.00 3418.00 USD Million [+]
Gold Reserves 323.07 323.10 323.10 142.95 Tonnes [+]
Crude Oil Production 9129.00 9789.00 11093.00 2340.00 BBL/D/1K [+]
Foreign Direct Investment 1072.00 1249.00 11746.54 264.00 USD Million [+]
Terrorism Index 5.48 5.81 5.81 2.41 [+]
Remittances 27616.00 28441.00 38101.00 12479.00 SAR Million [+]
Tourist Arrivals 16109.00 18049.00 18260.00 6585.00 Thousand [+]


Saudi Arabia Crude Oil Production

Saudi Arabia, is the world’s largest oil exporter, accounting for 10 percent of global oil supply. 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 - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
9129.00 9789.00 11093.00 2340.00 1973 - 2019 BBL/D/1K Monthly
NSA




Country Last Previous
United States 11806.00 Jul/19
Russia 10756.00 Jun/19
Saudi Arabia 9129.00 Sep/19
Canada 4265.00 Jun/19
China 3918.00 Jun/19
Brazil 2557.00 Jun/19
Mexico 1689.00 Jun/19
United Kingdom 993.00 Jun/19
Indonesia 736.00 Jun/19
India 669.00 Jun/19
Argentina 498.00 Jun/19
Australia 362.00 Jun/19
Italy 75.00 Jun/19
Turkey 60.00 Jun/19
Germany 37.00 Jun/19
Netherlands 13.00 Jun/19
Japan 4.00 Jun/19


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