Crude Oil Production in the United States increased to 11307 BBL/D/1K in June from 11231 BBL/D/1K in May of 2021. source: U.S. Energy Information Administration

Crude Oil Production in the United States averaged 7577.05 BBL/D/1K from 1950 until 2021, reaching an all time high of 12879 BBL/D/1K in November of 2019 and a record low of 3971 BBL/D/1K in September of 2008. This page provides the latest reported value for - United States Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Crude Oil Production - values, historical data and charts - was last updated on September of 2021.

Crude Oil Production in the United States is expected to be 12200.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Crude Oil Production is projected to trend around 14000.00 BBL/D/1K in 2022, according to our econometric models.

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United States Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
11307.00 11231.00 12879.00 3971.00 1950 - 2021 BBL/D/1K Monthly
NSA

United States Trade Last Previous Highest Lowest Unit
Balance of Trade -70051.00 -73230.00 1946.00 -73230.00 USD Million [+]
Current Account -195739.00 -175079.00 9957.00 -218442.00 USD Million [+]
Current Account to GDP -3.10 -2.20 0.20 -6.00 percent of GDP [+]
Imports 282879.00 283308.00 283308.00 577.00 USD Million [+]
Exports 212829.00 210078.00 216094.00 772.00 USD Million [+]
External Debt 21764799.00 21358343.00 21764799.00 6570168.00 USD Million [+]
Terms of Trade 111.31 107.64 172.45 94.05 points [+]
Capital Flows 126041.00 32023.00 314625.00 -194622.00 USD Million [+]
Foreign Direct Investment 53916.00 47457.00 54508.00 -9988.00 USD Million [+]
Net Long Term Tic Flows 1965.00 110850.00 261921.00 -134889.00 USD Million [+]
Gold Reserves 8133.46 8133.46 8149.05 8133.46 Tonnes [+]
Crude Oil Production 11307.00 11231.00 12879.00 3971.00 BBL/D/1K [+]
Goods Trade Balance -86380.00 -92050.00 1492.20 -92050.00 USD Million [+]
Oil Exports 5686.16 6797.44 6797.44 0.00 USD Million [+]
Tourism Revenues 6492.00 6702.00 20624.00 3770.00 USD Million [+]
Tourist Arrivals 1755450.00 1371476.00 8418370.00 248952.00 [+]
Terrorism Index 5.26 5.69 7.39 3.70 [+]
Weapons Sales 9372.00 10788.00 15731.00 1427.00 SIPRI TIV Million [+]