Crude Oil Production in Canada increased to 4952 BBL/D/1K in June from 4864 BBL/D/1K in May of 2026. Crude Oil Production in Canada averaged 2500.27 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 4900.00 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 4198.80 786.60 CAD Million Aug 2026
Capital Flows 4390.00 -8774.00 CAD Million Jun 2026
Crude Oil Production 4952.00 4864.00 BBL/D/1K Jun 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 77908.90 76025.20 CAD Million Aug 2026
Exports by Category
Exports by Country
External Debt 5051043.00 4846959.00 CAD Million Jun 2026
Foreign Direct Investment 25888.00 18797.00 CAD Million Jun 2026
Gold Reserves 0.00 0.00 Tonnes Jun 2026
Imports 73710.00 75238.60 CAD Million Aug 2026
Imports by Category
Imports by Country
Oil Exports 12792.20 12534.20 CAD Million Aug 2026
Terms of Trade 102.90 102.30 points Aug 2026
Terrorism Index 1.33 1.87 Points Dec 2025
Tourist Arrivals 4584611.00 3767868.00 Jul 2026
Weapons Sales 312.00 237.00 SIPRI TIV Million Dec 2025


Canada Crude Oil Production
Actual Previous Highest Lowest Dates Unit Frequency
4952.00 4864.00 5232.00 955.00 1973 - 2026 BBL/D/1K Monthly
NSA