Crude Oil Production in Canada decreased to 4184 BBL/D/1K in May from 4331 BBL/D/1K in April of 2019. Crude Oil Production in Canada averaged 2131.52 BBL/D/1K from 1973 until 2019, reaching an all time high of 4520 BBL/D/1K in August of 2018 and a record low of 955 BBL/D/1K in April of 1982.
Crude Oil Production in Canada is expected to be 4000.00 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 Canada to stand at 4450.00 in 12 months time. In the long-term, the Canada Crude Oil Production is projected to trend around 4300.00 BBL/D/1K in 2020, according to our econometric models.