Crude Oil Production in the United Kingdom decreased to 884 BBL/D/1K in October from 889 BBL/D/1K in September of 2020. source: U.S. Energy Information Administration

Crude Oil Production in the United Kingdom averaged 1599.51 BBL/D/1K from 1973 until 2020, reaching an all time high of 2821 BBL/D/1K in December of 1998 and a record low of 1 BBL/D/1K in January of 1975. This page provides the latest reported value for - United Kingdom Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Crude Oil Production - values, historical data and charts - was last updated on February of 2021.

Crude Oil Production in the United Kingdom is expected to be 750.00 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 the United Kingdom to stand at 800.00 in 12 months time. In the long-term, the United Kingdom Crude Oil Production is projected to trend around 800.00 BBL/D/1K in 2022 and 750.00 BBL/D/1K in 2023, according to our econometric models.

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United Kingdom Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
884.00 889.00 2821.00 1.00 1973 - 2020 BBL/D/1K Monthly
NSA

United Kingdom Trade Last Previous Highest Lowest Unit
Balance of Trade -6202.00 -6618.00 7644.00 -8737.00 GBP Million [+]
Current Account -15734.00 -11915.00 2668.00 -34541.00 GBP Million [+]
Current Account to GDP -3.80 -3.90 2.70 -5.20 percent [+]
Imports 52814.00 52783.00 64572.00 1031.00 GBP Million [+]
Exports 46612.00 46165.00 62472.00 962.00 GBP Million [+]
External Debt 7217761.00 7265322.00 7265322.00 565439.00 GBP Million [+]
Capital Flows 32374.00 12214.00 41086.00 -12725.00 GBP Million [+]
Foreign Direct Investment -2748.00 461.00 92093.00 -44536.00 GBP Million [+]
Gold Reserves 310.29 310.29 588.27 310.25 Tonnes [+]
Crude Oil Production 884.00 889.00 2821.00 1.00 BBL/D/1K [+]
Auto Exports 54618.00 90597.00 136305.00 152.00 Units [+]
Goods Trade Balance -14315.00 -14794.00 775.00 -16737.00 GBP Million [+]
Terrorism Index 5.16 5.41 5.68 4.19 [+]
Tourism Revenues 780.00 1538.00 3654.00 126.00 GBP Million [+]
Tourist Arrivals 1446.00 2512.00 4418.00 540.00 Thousand [+]
Weapons Sales 741.00 1235.00 5966.00 741.00 USD Million [+]