Crude Oil Production in the United States increased to 11871 BBL/D/1K in January from 11849 BBL/D/1K in December of 2018. Crude Oil Production in the United States averaged 7436.16 BBL/D/1K from 1950 until 2019, reaching an all time high of 11900 BBL/D/1K in November of 2018 and a record low of 3971 BBL/D/1K in September of 2008.
Crude Oil Production in the United States is expected to be 12500.00 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 the United States to stand at 13000.00 in 12 months time. In the long-term, the United States Crude Oil Production is projected to trend around 12500.00 BBL/D/1K in 2020, according to our econometric models.