Crude Oil Production in Russia decreased to 10811 BBL/D/1K in August from 10814 BBL/D/1K in July of 2018. Crude Oil Production in Russia averaged 8345.03 BBL/D/1K from 1992 until 2018, reaching an all time high of 10832 BBL/D/1K in November of 2016 and a record low of 5707 BBL/D/1K in May of 1998.
Crude Oil Production in Russia is expected to be 10800.00 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 Russia to stand at 10500.00 in 12 months time. In the long-term, the Russia Crude Oil Production is projected to trend around 10800.00 BBL/D/1K in 2020, according to our econometric models.