Crude Oil Production in the United States decreased to 12082 BBL/D/1K in June from 12108 BBL/D/1K in May of 2019. Crude Oil Production in the United States averaged 7463.44 BBL/D/1K from 1950 until 2019, reaching an all time high of 12162 BBL/D/1K in April of 2019 and a record low of 3971 BBL/D/1K in September of 2008.

Crude Oil Production in the United States is expected to be 12800.00 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 13500.00 in 12 months time. In the long-term, the United States Crude Oil Production is projected to trend around 14000.00 BBL/D/1K in 2020, according to our econometric models.

United States Crude Oil Production
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United States Trade Last Previous Highest Lowest Unit
Balance of Trade -53989.00 -55508.00 1946.00 -67823.00 USD Million [+]
Current Account -128188.00 -136194.00 9957.00 -215769.00 USD Million [+]
Current Account to GDP -2.40 -2.30 0.20 -6.00 percent [+]
Imports 261391.00 261753.00 266816.00 577.00 USD Million [+]
Exports 207401.00 206245.00 213341.00 772.00 USD Million [+]
External Debt 20006050.00 19765887.00 20006050.00 6570168.00 USD Million [+]
Terms of Trade 106.25 105.85 168.28 91.82 Index Points [+]
Capital Flows 43750.00 21006.00 272938.00 -194622.00 USD Million [+]
Foreign Direct Investment 51113.00 52378.00 55831.00 -9988.00 USD Million [+]
Net Long Term Tic Flows 84256.00 100593.00 157830.00 -72882.00 USD Million [+]
Gold Reserves 8133.46 8133.50 8149.05 8133.46 Tonnes [+]
Crude Oil Production 12082.00 12108.00 12162.00 3971.00 BBL/D/1K [+]
Tourism Revenues 21073.00 21146.00 21793.00 6496.00 USD Million [+]
Tourist Arrivals 7019871.00 6227283.00 8364941.00 2094287.00 [+]
Terrorism Index 6.07 5.43 7.39 3.70 [+]
Weapons Sales 10508.00 12485.00 15725.00 1742.00 USD Million [+]
Goods Trade Balance -72456.00 -74177.00 1492.20 -79790.00 USD Million [+]

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United States Crude Oil Production

This page provides the latest reported value for - United States Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Crude Oil Production - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
12082.00 12108.00 12162.00 3971.00 1950 - 2019 BBL/D/1K Monthly
NSA




Country Last Previous
United States 12082.00 Jun/19
Russia 10709.00 May/19
Saudi Arabia 9789.00 Aug/19
Canada 4184.00 May/19
China 3822.00 May/19
Brazil 2731.00 May/19
Mexico 1681.00 May/19
United Kingdom 1050.00 May/19
Indonesia 756.00 May/19
India 674.00 May/19
Argentina 505.00 May/19
Australia 329.00 May/19
Italy 77.00 May/19
Turkey 58.00 May/19
Germany 37.00 May/19
Netherlands 13.00 May/19
Japan 4.00 May/19


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