Crude Oil Production in Turkey decreased to 56 BBL/D/1K in December from 58 BBL/D/1K in November of 2018. Crude Oil Production in Turkey averaged 51.34 BBL/D/1K from 1994 until 2018, reaching an all time high of 72 BBL/D/1K in February of 1994 and a record low of 38 BBL/D/1K in January of 2007.
Crude Oil Production in Turkey is expected to be 50.00 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 Turkey to stand at 50.00 in 12 months time. In the long-term, the Turkey Crude Oil Production is projected to trend around 50.00 BBL/D/1K in 2020, according to our econometric models.