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Crude Oil Production Forecast 2026/2027
World
Europe
America
Asia
Africa
Australia
G20
WORLD
AMERICA
EUROPE
ASIA
AUSTRALIA
AFRICA
Country
Last
Q1/26
Q2/26
Q3/26
Q4/26
Algeria
972.00
Dec/25
960
960
960
970
BBL/D/1K
Argentina
851.00
Oct/25
730
750
790
810
BBL/D/1K
Azerbaijan
552.00
Oct/25
550
550
575
575
BBL/D/1K
Brazil
4029.77
Oct/25
3790
3820
3890
3920
BBL/D/1K
Canada
4982.00
Oct/25
5150
5050
4990
5100
BBL/D/1K
China
4240.00
Oct/25
4500
4460
4400
4390
BBL/D/1K
Ecuador
471.00
Oct/25
480
500
490
530
BBL/D/1K
Indonesia
585.00
Oct/25
590
600
630
675
BBL/D/1K
Iran
3187.00
Dec/25
3450
3500
3550
3600
BBL/D/1K
Iraq
4081.00
Dec/25
3750
3850
3900
4150
BBL/D/1K
Kazakhstan
1948.00
Oct/25
1950
1950
1975
2000
BBL/D/1K
Kuwait
2580.00
Dec/25
2500
2500
2500
2550
BBL/D/1K
Libya
1365.00
Nov/25
1500
1500
1500
1700
BBL/D/1K
Malaysia
530.00
Oct/25
465
450
450
445
BBL/D/1K
Mexico
1731.00
Oct/25
1800
1820
1780
1850
BBL/D/1K
Nigeria
1422.00
Dec/25
1400
1400
1400
1450
BBL/D/1K
Norway
1922.00
Oct/25
1890
1840
1870
1860
BBL/D/1K
Qatar
1322.00
Oct/25
1335
1335
1335
1350
BBL/D/1K
Russia
10074.00
Oct/25
10050
10150
10220
10260
BBL/D/1K
Saudi Arabia
10084.00
Dec/25
9320
9500
9600
9800
BBL/D/1K
United Arab Emirates
3373.00
Dec/25
2975
3050
3100
3200
BBL/D/1K
United Kingdom
616.00
Oct/25
580
550
570
600
BBL/D/1K
United States
13870.00
Oct/25
13400
13350
13400
13300
BBL/D/1K
Venezuela
1120.00
Dec/25
1000
1000
1100
1200
BBL/D/1K
Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Crude Oil Production Forecast 2026/2027 - was last updated on Thursday, February 12, 2026.
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