Crude Oil Production in Canada decreased to 3865 BBL/D/1K in April from 4523 BBL/D/1K in March of 2020.

Crude Oil Production in Canada averaged 2177.53 BBL/D/1K from 1973 until 2020, reaching an all time high of 4670 BBL/D/1K in December of 2019 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 August of 2020.

Crude Oil Production in Canada is expected to be 4650.00 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 4800.00 in 12 months time. In the long-term, the Canada Crude Oil Production is projected to trend around 4900.00 BBL/D/1K in 2021, according to our econometric models.

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Canada Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
3865.00 4523.00 4670.00 955.00 1973 - 2020 BBL/D/1K Monthly
NSA

Canada Trade Last Previous Highest Lowest Unit
Balance of Trade -3188.60 -1328.50 8524.80 -4953.10 CAD Million [+]
Current Account -11093.00 -9307.00 12492.00 -20035.00 CAD Million [+]
Current Account to GDP -2.10 -2.50 2.70 -4.20 percent [+]
Imports 42895.70 35225.70 52875.70 1112.00 CAD Million [+]
Exports 39710.00 33900.00 52510.40 1366.00 CAD Million [+]
External Debt 2849143.00 2752969.00 2849143.00 795408.00 CAD Million [+]
Terms of Trade 84.40 84.90 112.30 76.30 points [+]
Capital Flows -48.00 0.00 4632.00 -672.00 CAD Million [+]
Foreign Direct Investment 10352.00 13624.00 50326.00 -8640.00 CAD Million [+]
Gold Reserves 0.00 0.00 46.20 0.00 Tonnes [+]
Crude Oil Production 3865.00 4523.00 4670.00 955.00 BBL/D/1K [+]
Terrorism Index 3.59 3.53 3.59 0.65 [+]
Tourist Arrivals 86362.00 67654.00 7006165.00 67654.00 [+]
Oil Exports 1899.30 1604.30 8592.90 295.30 CAD Million [+]
Weapons Sales 188.00 111.00 544.00 38.00 USD Million [+]