Crude Oil Production in Angola increased to 1328 BBL/D/1K in August from 1259 BBL/D/1K in July of 2019. Crude Oil Production in Angola averaged 1289.98 BBL/D/1K from 1994 until 2019, reaching an all time high of 2030 BBL/D/1K in March of 2010 and a record low of 503 BBL/D/1K in March of 1994.
Crude Oil Production in Angola is expected to be 1390.00 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 Angola to stand at 1360.00 in 12 months time. In the long-term, the Angola Crude Oil Production is projected to trend around 1250.00 BBL/D/1K in 2020, according to our econometric models.