Crude Oil Production in Italy averaged 94.58 BBL/D/1K from 1994 until 2020, reaching an all time high of 120 BBL/D/1K in October of 1997 and a record low of 23 BBL/D/1K in July of 2016. This page provides the latest reported value for - Italy Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Crude Oil Production - values, historical data and charts - was last updated on May of 2021.
Crude Oil Production in Italy is expected to be 70.00 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 Italy to stand at 70.00 in 12 months time. In the long-term, the Italy Crude Oil Production is projected to trend around 70.00 BBL/D/1K in 2022, according to our econometric models.