Crude Oil Production in Norway decreased to 1526 BBL/D/1K in August from 1555 BBL/D/1K in July of 2018. Crude Oil Production in Norway averaged 1676.76 BBL/D/1K from 1973 until 2018, reaching an all time high of 3417 BBL/D/1K in July of 2000 and a record low of 2 BBL/D/1K in January of 1974.

Crude Oil Production in Norway is expected to be 1532.07 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 Norway to stand at 1530.85 in 12 months time. In the long-term, the Norway Crude Oil Production is projected to trend around 1500.00 BBL/D/1K in 2020, according to our econometric models.

Norway Crude Oil Production
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Forecast Data Chart
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Norway Trade Last Previous Highest Lowest Unit
Balance of Trade 34898.50 22205.70 48677.18 -6100.20 NOK Million [+]
Exports 99517.64 82904.03 99517.64 449.00 NOK Million [+]
Imports 64619.13 60698.33 84950.76 696.00 NOK Million [+]
Current Account 91780.00 79084.00 122200.00 -16087.00 NOK Million [+]
Current Account to GDP 5.70 4.00 16.20 -6.10 percent [+]
External Debt 5235309.00 5222383.00 5585278.00 0.00 NOK Million [+]
Terms of Trade 108.23 108.40 115.90 75.84 Index Points [+]
Capital Flows 58208.00 154192.00 189108.00 -61109.00 NOK Million [+]
Crude Oil Production 1526.00 1555.00 3417.00 2.00 BBL/D/1K [+]
Terrorism Index 0.00 0.00 4.71 0.00 [+]
Weapons Sales 134.00 150.00 278.00 1.00 USD Million [+]
Foreign Direct Investment 9055.00 -32914.00 118173.00 -219186.00 NOK Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Norway Crude Oil Production

This page provides the latest reported value for - Norway Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Norway Crude Oil Production - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1526.00 1555.00 3417.00 2.00 1973 - 2018 BBL/D/1K Monthly
NSA




Country Last Previous
United States 11475.00 Sep/18
Russia 10811.00 Aug/18
Saudi Arabia 10642.00 Oct/18
Canada 4287.00 Aug/18
China 3768.00 Aug/18
Brazil 2522.00 Aug/18
Mexico 1842.00 Aug/18
United Kingdom 842.00 Aug/18
Indonesia 787.00 Aug/18
India 701.00 Aug/18
Argentina 492.00 Aug/18
Australia 281.00 Aug/18
Italy 83.00 Aug/18
Turkey 57.00 Aug/18
Germany 41.00 Aug/18
France 16.00 Aug/18
Netherlands 16.00 Aug/18
Japan 3.00 Aug/18
South Africa 2.00 Aug/18
Spain 2.00 Aug/18


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