Crude Oil Production in Kuwait decreased to 2605 BBL/D/1K in August from 2652 BBL/D/1K in July of 2019. Crude Oil Production in Kuwait averaged 2042.60 BBL/D/1K from 1973 until 2019, reaching an all time high of 3768 BBL/D/1K in January of 1973 and a record low of 0 BBL/D/1K in February of 1991.
Crude Oil Production in Kuwait is expected to be 2700.00 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 Kuwait to stand at 2500.00 in 12 months time. In the long-term, the Kuwait Crude Oil Production is projected to trend around 2450.00 BBL/D/1K in 2020, according to our econometric models.