Crude Oil Production in the United Kingdom increased to 1039 BBL/D/1K in June from 1004 BBL/D/1K in May of 2020. source: U.S. Energy Information Administration

Crude Oil Production in the United Kingdom averaged 1604.59 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 October of 2020.

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 2021 and 750.00 BBL/D/1K in 2022, according to our econometric models.

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United Kingdom Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
1039.00 1004.00 2821.00 1.00 1973 - 2020 BBL/D/1K Monthly
NSA

United Kingdom Trade Last Previous Highest Lowest Unit
Balance of Trade 1364.00 1689.00 7087.00 -7900.00 GBP Million [+]
Current Account -2764.00 -20814.00 2668.00 -36106.00 GBP Million [+]
Current Account to GDP -3.80 -3.90 2.70 -5.20 percent [+]
Imports 50464.00 49360.00 64610.00 1031.00 GBP Million [+]
Exports 51828.00 51049.00 62067.00 962.00 GBP Million [+]
External Debt 7265322.00 7206055.00 7265322.00 565439.00 GBP Million [+]
Capital Flows 28806.00 797.00 41086.00 -12725.00 GBP Million [+]
Foreign Direct Investment -5474.00 7805.00 92093.00 -44536.00 GBP Million [+]
Gold Reserves 310.30 310.30 588.27 310.25 Tonnes [+]
Crude Oil Production 1039.00 1004.00 2821.00 1.00 BBL/D/1K [+]
Auto Exports 43244.00 72262.00 136305.00 152.00 Units [+]
Goods Trade Balance -9010.00 -7869.00 775.00 -16637.00 GBP Million [+]
Terrorism Index 5.41 5.61 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 [+]