Crude Oil Production in Norway increased to 1555 BBL/D/1K in July from 1517 BBL/D/1K in June of 2018. Crude Oil Production in Norway averaged 1677.04 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 1524.95 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 1523.63 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 80938.00 75124.00 122200.00 -16087.00 NOK Million [+]
Current Account to GDP 5.70 4.00 16.20 -6.10 percent [+]
External Debt 5222383.00 5204408.00 5585278.00 0.00 NOK Million [+]
Terms of Trade 108.23 108.40 115.90 75.84 Index Points [+]
Capital Flows 139446.00 87139.00 189108.00 -61109.00 NOK Million [+]
Crude Oil Production 1555.00 1517.00 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 -33665.00 -70439.00 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1555.00 1517.00 3417.00 2.00 1973 - 2018 BBL/D/1K Monthly
NSA




Country Last
United States 11346.00 Aug/18
Russia 10814.00 Jul/18
Saudi Arabia 10642.00 Oct/18
Canada 3783.00 Jul/18
China 3732.00 Jul/18
Brazil 2575.00 Jul/18
Mexico 1865.00 Jul/18
United Kingdom 915.00 Jul/18
Indonesia 787.00 Jul/18
India 697.00 Jul/18
Argentina 483.00 Jul/18
Australia 285.00 Jul/18
Italy 80.00 Jul/18
Turkey 57.00 Jul/18
Germany 41.00 Jul/18
France 16.00 Jul/18
Netherlands 15.00 Jul/18
Japan 3.00 Jul/18
South Africa 2.00 Jul/18
Spain 2.00 Jul/18


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