Crude Oil Production in Saudi Arabia decreased to 8972 BBL/D/1K in October from 8975 BBL/D/1K in September of 2024. Crude Oil Production in Saudi Arabia averaged 8275.57 BBL/D/1K from 1973 until 2024, reaching an all time high of 12007.00 BBL/D/1K in April of 2020 and a record low of 2340.00 BBL/D/1K in August of 1985. source: Organization of the Petroleum Exporting Countries
Crude Oil Production in Saudi Arabia is expected to be 8980.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Saudi Arabia Crude Oil Production is projected to trend around 10000.00 BBL/D/1K in 2025 and 11000.00 BBL/D/1K in 2026, according to our econometric models.