Crude Oil Production in Canada decreased to 4399 BBL/D/1K in February from 4671 BBL/D/1K in January of 2021. source: U.S. Energy Information Administration

Crude Oil Production in Canada averaged 2211.75 BBL/D/1K from 1973 until 2021, reaching an all time high of 4908 BBL/D/1K in December of 2020 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 June of 2021.

Crude Oil Production in Canada is expected to be 4800.00 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 Canada to stand at 5000.00 in 12 months time. In the long-term, the Canada Crude Oil Production is projected to trend around 4900.00 BBL/D/1K in 2022, according to our econometric models.

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Canada Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
4399.00 4671.00 4908.00 955.00 1973 - 2021 BBL/D/1K Monthly
NSA

Canada Trade Last Previous Highest Lowest Unit
Balance of Trade -1140.20 1420.80 8524.80 -5575.10 CAD Million [+]
Current Account 1180.00 -5270.00 12492.00 -20035.00 CAD Million [+]
Current Account to GDP -1.90 -2.10 2.70 -4.20 percent of GDP [+]
Imports 51757.80 49069.60 52759.20 1112.00 CAD Million [+]
Exports 50617.60 50490.40 52538.90 1366.00 CAD Million [+]
External Debt 3147435.00 3026333.00 3147435.00 354800.00 CAD Million [+]
Terms of Trade 98.00 95.10 112.30 76.30 points [+]
Capital Flows -38.00 0.00 4632.00 -672.00 CAD Million [+]
Foreign Direct Investment 19620.00 2482.00 50326.00 -8640.00 CAD Million [+]
Gold Reserves 0.00 0.00 46.20 0.00 Tonnes [+]
Crude Oil Production 4399.00 4671.00 4908.00 955.00 BBL/D/1K [+]
Terrorism Index 3.17 3.59 3.59 0.65 [+]
Tourist Arrivals 123583.00 101655.00 7006165.00 67654.00 [+]
Oil Exports 6753.40 6643.30 8592.90 295.30 CAD Million [+]
Weapons Sales 200.00 211.00 544.00 38.00 USD Million [+]