This page provides forecasts for Crude Oil Production including a long-term outlook for the next decades, medium-term expectations for the next four quarters and short-term market predictions.


Last Q4/18 Q1/19 Q2/19 Q3/19
United States 11346.00 Aug/18 12000 12500 12730 12800
China 3732.00 Jul/18 3662 3765 3765 3765
Japan 3.00 Jul/18 3.21 3.22 3.22 3.22
Germany 41.00 Jul/18 44 44 44 44
United Kingdom 915.00 Jul/18 950 800 800 800
India 697.00 Jul/18 702 702 702 702
France 16.00 Jul/18 15 15 15 15
Brazil 2575.00 Jul/18 2582 2920 2900 2900
Italy 80.00 Jul/18 101 101 101 101
Canada 3783.00 Jul/18 4400 4000 4200 4000
Russia 10814.00 Jul/18 10800 10900 11000 10500
Australia 285.00 Jul/18 280 280 280 280
Spain 2.00 Jul/18 2 2 2 2
Mexico 1865.00 Jul/18 2070 1896 1896 1896
Indonesia 787.00 Jul/18 787 791 794 797
Turkey 57.00 Jul/18 50 50 50 50
Netherlands 15.00 Jul/18 16.34 16.36 16.37 16.36
Last Q4/18 Q1/19 Q2/19 Q3/19
Albania 14.00 Jul/18 13.85 13.84 13.83 13.83
Algeria 1070.00 Oct/18 1077 1082 1086 1090
Angola 1457.00 Oct/18 1500 1540 1580 1600
Argentina 483.00 Jul/18 510 484 484 484
Australia 285.00 Jul/18 280 280 280 280
Austria 13.00 Jul/18 13 13 13 13
Azerbaijan 794.00 Jul/18 790 795 801 803
Bahrain 40.00 Jul/18 40 40 40 40
Bangladesh 3.00 Jul/18 3 3 3 3
Barbados 1.00 Jul/18 1 1 1 1
Belarus 31.00 Jul/18 31.03 31 31.03 31.01
Belize 2.00 Jul/18 2 2 2 2
Bolivia 57.00 Jul/18 57.35 57.38 57.39 57.39
Brazil 2575.00 Jul/18 2582 2920 2900 2900
Brunei 94.00 Jul/18 82 84 87 92
Bulgaria 1.00 Jul/18 1 1 1 1
Cameroon 69.00 Jul/18 69.17 69.15 69.16 69.15
Canada 3783.00 Jul/18 4400 4000 4200 4000
Chad 132.00 Jul/18 132 132 132 132
Chile 3.00 Jul/18 3 3 3 3
China 3732.00 Jul/18 3662 3765 3765 3765
Colombia 860.00 Jul/18 861 861 861 861
Congo 17.00 Jul/18 17.44 17.59 17.69 17.75
Croatia 14.00 Jul/18 13.98 13.98 13.98 13.98
Cuba 50.00 Jul/18 50 50 50 50
Czech Republic 2.00 Jul/18 2 2 2 2
Denmark 123.00 Jul/18 119 119 119 119
East Timor 33.00 Jul/18 31 31 30 30
Ecuador 514.00 Oct/18 514 514 515 515
Egypt 560.00 Jul/18 560 560 560 560
Equatorial Guinea 176.00 Jul/18 177 177 177 177
France 16.00 Jul/18 15 15 15 15
Gabon 180.00 Jul/18 183 183 183 183
Georgia 0.40 Jul/18 0.4 0.4 0.4 0.4
Germany 41.00 Jul/18 44 44 44 44
Ghana 174.00 Jul/18 180 172 171 171
Greece 4.00 Jul/18 4 4 4 3.94
Guatemala 9.00 Jul/18 9.2 9.41 9.46 9.38
Hungary 16.00 Jul/18 16 16 16 16
India 697.00 Jul/18 702 702 702 702
Indonesia 787.00 Jul/18 787 791 794 797
Iran 3755.00 Sep/18 3600 3300 3100 3000
Iraq 4460.00 Oct/18 4480 4500 4500 4500
Israel 0.39 Jul/18 0.39 0.39 0.39 0.39
Italy 80.00 Jul/18 101 101 101 101
Ivory Coast 52.00 Jul/18 51.99 51.99 51.99 51.99
Japan 3.00 Jul/18 3.21 3.22 3.22 3.22
Kazakhstan 1892.00 Jul/18 1700 1807 1825 1837
Kuwait 2733.00 Oct/18 2750 2748 2800 2820
Kyrgyzstan 1.00 Jul/18 1 1 1 1
Libya 926.00 Aug/18 917 905 909 905
Lithuania 2.00 Jul/18 2 2 2 2
Malaysia 675.00 Jul/18 668 661 657 666
Mauritania 4.00 Jul/18 4 4 4 4
Mexico 1865.00 Jul/18 2070 1896 1896 1896
Mongolia 20.00 Jul/18 19.99 19.99 19.99 19.99
Morocco 0.16 Jul/18 0.16 0.16 0.16 0.16
Myanmar 11.00 Jul/18 11 10 10 10
Netherlands 15.00 Jul/18 16.34 16.36 16.37 16.36
New Zealand 25.00 Jul/18 24.54 24.55 24.55 24.55
Niger 9.00 Jul/18 9 9 9 9
Nigeria 1772.00 Oct/18 1760 1800 1800 1820
Norway 1555.00 Jul/18 1525 1524 1524 1524
Oman 976.00 Jul/18 941 940 940 940
Pakistan 85.00 Jul/18 94 95 95 96
Papua New Guinea 49.00 Jul/18 47.85 47.82 47.85 47.86
Peru 42.00 Jul/18 43.76 43.82 43.81 43.81
Philippines 13.00 Jul/18 15 13.02 13.02 13.02
Poland 22.00 Jul/18 21 21 21 21.08
Qatar 609.00 Oct/18 600 603 602 602
Republic of the Congo 307.00 Jul/18 293 293 293 293
Romania 70.00 Jul/18 69.97 69.97 69.97 69.97
Russia 10814.00 Jul/18 10800 10900 11000 10500
Saudi Arabia 10642.00 Oct/18 10100 10200 10200 10150
Serbia 17.00 Jul/18 17.07 17.06 17.06 17.06
Slovakia 0.20 Jul/18 0.2 0.2 0.2 0.2
Slovenia 0.01 Jul/18 0 0 0 0
South Africa 2.00 Jul/18 3 3 3 2
Spain 2.00 Jul/18 2 2 2 2
Sudan 95.00 Jul/18 94.97 94.97 94.97 94.97
Suriname 17.00 Jul/18 17 17 17 17
Syria 25.00 Jul/18 19 27.13 27.65 28.07
Taiwan 0.20 Jul/18 0.19 0.19 0.19 0.19
Tajikistan 0.18 Jul/18 0.18 0.18 0.18 0.18
Thailand 213.00 Jul/18 245 244 239 236
Trinidad And Tobago 65.00 Jul/18 65.69 65.68 65.68 65.68
Tunisia 39.00 Jul/18 38.43 38.41 38.4 38.4
Turkey 57.00 Jul/18 50 50 50 50
Turkmenistan 245.00 Jul/18 245 245 245 245
Ukraine 32.00 Jul/18 31.98 31.98 31.98 31.98
United Arab Emirates 3270.00 Oct/18 3080 3050 3000 2960
United Kingdom 915.00 Jul/18 950 800 800 800
United States 11346.00 Aug/18 12000 12500 12730 12800
Uzbekistan 41.00 Jul/18 40 39 39 39
Venezuela 1434.00 Sep/18 1370 1300 1250 1180
Vietnam 241.00 Jul/18 259 257 255 254
Yemen 16.00 Jul/18 15.55 15.93 15.74 15.8


Crude Oil Production - Forecast - 2018-2020