Romania Crude Oil Production - Forecast

Crude Oil Production in Romania is expected to be 69.82 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 Romania to stand at 69.80 in 12 months time. In the long-term, the Romania Crude Oil Production is projected to trend around 69.80 BBL/D/1K in 2020, according to our econometric models.


Romania Crude Oil Production
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Romania Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -1270 -1030 -1670 -890 -1630 -1400
Exports 5872 5720 4710 6220 5490 5380
Imports 7142 6750 6380 7110 7120 6780
Current Account -1052 -572 -620 -570 -780 -370
Current Account to GDP -3.4 -0.9 -0.9 -0.8 -0.8 -0.6
External Debt 95070 95708 96007 96283 96536 98169
Remittances 583 857 886 822 968 896
Gold Reserves 104 104 104 104 104 104
Terrorism Index 0 0.02 0.02 0.02 0.02 0.03
Weapons Sales 2 23.74 13.95 15.05 16.16 20.92
Foreign Direct Investment 207 367 373 375 375 375
Crude Oil Production 70 69.82 69.81 69.8 69.8 69.8