Crude Oil Production in Canada decreased to 4857 BBL/D/1K in May from 5050 BBL/D/1K in April of 2026. Crude Oil Production in Canada averaged 2496.43 BBL/D/1K from 1973 until 2026, reaching an all time high of 5232.00 BBL/D/1K in November of 2025 and a record low of 955.00 BBL/D/1K in April of 1982. source: U.S. Energy Information Administration

Crude Oil Production in Canada is expected to be 4880.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Crude Oil Production is projected to trend around 5220.00 BBL/D/1K in 2027 and 5350.00 BBL/D/1K in 2028, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade 770.00 4200.00 CAD Million Jul 2026
Capital Flows 4390.00 -8774.00 CAD Million Jun 2026
Crude Oil Production 4857.00 5050.00 BBL/D/1K May 2026
Current Account 8800.00 -8300.00 CAD Million Jun 2026
Current Account to GDP -1.40 -0.50 percent of GDP Dec 2025
Exports 76140.00 77960.00 CAD Million Jul 2026
Exports by Category
Exports by Country
External Debt 4839196.00 4778430.00 CAD Million Mar 2026
Foreign Direct Investment 25888.00 18797.00 CAD Million Jun 2026
Gold Reserves 0.00 0.00 Tonnes Jun 2026
Imports 75370.00 73760.00 CAD Million Jul 2026
Imports by Category
Imports by Country
Oil Exports 12903.20 13670.80 CAD Million Jul 2026
Terms of Trade 103.20 101.30 points Jul 2026
Terrorism Index 1.33 1.87 Points Dec 2025
Tourist Arrivals 3767868.00 2891190.00 Jun 2026
Weapons Sales 312.00 237.00 SIPRI TIV Million Dec 2025


Canada Crude Oil Production
Actual Previous Highest Lowest Dates Unit Frequency
4857.00 5050.00 5232.00 955.00 1973 - 2026 BBL/D/1K Monthly
NSA