Crude Oil Production in Saudi Arabia decreased to 7484 BBL/D/1K in June from 8486 BBL/D/1K in May of 2020.
Crude Oil Production in Saudi Arabia averaged 8162.43 BBL/D/1K from 1973 until 2020, reaching an all time high of 12007 BBL/D/1K in April of 2020 and a record low of 2340 BBL/D/1K in August of 1985. This page provides the latest reported value for - Saudi Arabia Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Saudi Arabia Crude Oil Production - values, historical data and charts - was last updated on August of 2020. source: Organization of the Petroleum Exporting Countries
Crude Oil Production in Saudi Arabia is expected to be 8500.00 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 Saudi Arabia to stand at 11000.00 in 12 months time. In the long-term, the Saudi Arabia Crude Oil Production is projected to trend around 11000.00 BBL/D/1K in 2021, according to our econometric models.