Crude Oil Production in Canada decreased to 5059 BBL/D/1K in January from 5230 BBL/D/1K in December of 2025. Crude Oil Production in Canada averaged 2480.73 BBL/D/1K from 1973 until 2026, 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 5120.00 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 5320.00 BBL/D/1K in 2027 and 5450.00 BBL/D/1K in 2028, according to our econometric models.



Related Last Previous Unit Reference
Balance of Trade 1780.00 -5110.00 CAD Million Mar 2026
Capital Flows 3682.00 -9479.00 CAD Million Dec 2025
Crude Oil Production 5059.00 5230.00 BBL/D/1K Jan 2026
Current Account -7200.00 -1000.00 CAD Million Mar 2026
Current Account to GDP -1.40 -0.50 percent of GDP Dec 2025
Exports 72770.00 67060.00 CAD Million Mar 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 Mar 2026
Imports 70990.00 72170.00 CAD Million Mar 2026
Imports by Category
Imports by Country
Oil Exports 12154.60 10224.00 CAD Million Mar 2026
Terms of Trade 107.33 101.60 points Mar 2026
Terrorism Index 1.33 1.87 Points Dec 2025
Tourist Arrivals 1662215.00 1478633.00 Mar 2026
Weapons Sales 152.00 283.00 SIPRI TIV Million Dec 2024


Canada Crude Oil Production
Actual Previous Highest Lowest Dates Unit Frequency
5059.00 5230.00 5234.00 955.00 1973 - 2026 BBL/D/1K Monthly
NSA