Crude Oil Production in Canada increased to 5050 BBL/D/1K in April from 5047 BBL/D/1K in March of 2026. Crude Oil Production in Canada averaged 2492.75 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 5080.00 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 3860.00 3700.00 CAD Million Jun 2026
Capital Flows -6052.00 3590.00 CAD Million Mar 2026
Crude Oil Production 5050.00 5047.00 BBL/D/1K Apr 2026
Current Account -7184.00 -1009.00 CAD Million Mar 2026
Current Account to GDP -1.40 -0.50 percent of GDP Dec 2025
Exports 77486.00 77190.00 CAD Million Jun 2026
Exports by Category
Exports by Country
External Debt 4839196.00 4778430.00 CAD Million Mar 2026
Foreign Direct Investment 22000.00 26033.00 CAD Million Mar 2026
Gold Reserves 0.00 0.00 Tonnes Mar 2026
Imports 73630.00 73490.00 CAD Million Jun 2026
Imports by Category
Imports by Country
Oil Exports 13259.40 14916.60 CAD Million Jun 2026
Terms of Trade 101.30 106.70 points Jun 2026
Terrorism Index 1.33 1.87 Points Dec 2025
Tourist Arrivals 2891190.00 1886926.00 May 2026
Weapons Sales 312.00 237.00 SIPRI TIV Million Dec 2025


Canada Crude Oil Production
Actual Previous Highest Lowest Dates Unit Frequency
5050.00 5047.00 5232.00 955.00 1973 - 2026 BBL/D/1K Monthly
NSA