Crude Oil Production in Canada decreased to 4671 BBL/D/1K in January from 4908 BBL/D/1K in December of 2020. source: U.S. Energy Information Administration
Crude Oil Production in Canada averaged 2207.96 BBL/D/1K from 1973 until 2021, reaching an all time high of 4908 BBL/D/1K in December of 2020 and a record low of 955 BBL/D/1K in April of 1982. This page provides the latest reported value for - Canada Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Crude Oil Production - values, historical data and charts - was last updated on May of 2021.
Crude Oil Production in Canada is expected to be 4800.00 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 Canada to stand at 5000.00 in 12 months time. In the long-term, the Canada Crude Oil Production is projected to trend around 4900.00 BBL/D/1K in 2022, according to our econometric models.