Crude Oil Production in Canada increased to 5234 BBL/D/1K in November from 4982 BBL/D/1K in October of 2025. Crude Oil Production in Canada averaged 2472.34 BBL/D/1K from 1973 until 2025, reaching an all time high of 5234.00 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 5150.00 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 5420.00 BBL/D/1K in 2027 and 5650.00 BBL/D/1K in 2028, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade -3650.00 -1300.00 CAD Million Jan 2026
Capital Flows 3682.00 -9479.00 CAD Million Dec 2025
Crude Oil Production 5234.00 4982.00 BBL/D/1K Nov 2025
Current Account -700.00 -5300.00 CAD Million Dec 2025
Current Account to GDP -1.40 -0.50 percent of GDP Dec 2025
Exports 62480.00 65550.00 CAD Million Jan 2026
Exports by Category
Exports by Country
External Debt 4795130.00 4692066.00 CAD Million Dec 2025
Foreign Direct Investment 25130.00 17460.00 CAD Million Dec 2025
Gold Reserves 0.00 0.00 Tonnes Dec 2025
Imports 66130.00 66850.00 CAD Million Jan 2026
Imports by Category
Imports by Country
Oil Exports 9944.00 9769.70 CAD Million Jan 2026
Terms of Trade 103.30 101.40 points Jan 2026
Terrorism Index 1.33 1.87 Points Dec 2025
Tourist Arrivals 1404733.00 2069120.00 Jan 2026
Weapons Sales 152.00 283.00 SIPRI TIV Million Dec 2024


Canada Crude Oil Production
Actual Previous Highest Lowest Dates Unit Frequency
5234.00 4982.00 5234.00 955.00 1973 - 2025 BBL/D/1K Monthly
NSA