Crude Oil Production in Canada decreased to 4361 BBL/D/1K in January from 4700 BBL/D/1K in December of 2021. source: U.S. Energy Information Administration
Crude Oil Production in Canada averaged 2253.95 BBL/D/1K from 1973 until 2022, reaching an all time high of 4700 BBL/D/1K in December of 2021 and a record low of 955 BBL/D/1K in April of 1982. This page provides the latest reported value for - Canada Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Canada Crude Oil Production - values, historical data and charts - was last updated on May of 2022.
Crude Oil Production in Canada is expected to be 4690.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Crude Oil Production is projected to trend around 4750.00 BBL/D/1K in 2023, according to our econometric models.