Crude Oil Production in Philippines remained unchanged at 13 BBL/D/1K in August from 13 BBL/D/1K in July of 2018. Crude Oil Production in Philippines averaged 18.02 BBL/D/1K from 1994 until 2018, reaching an all time high of 38 BBL/D/1K in January of 2014 and a record low of 1 BBL/D/1K in January of 1997.
Crude Oil Production in Philippines is expected to be 15.00 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 Philippines to stand at 12.98 in 12 months time. In the long-term, the Philippines Crude Oil Production is projected to trend around 30.00 BBL/D/1K in 2020, according to our econometric models.