Crude Oil Production in Italy decreased to 85 BBL/D/1K in December from 88 BBL/D/1K in November of 2018. Crude Oil Production in Italy averaged 95.70 BBL/D/1K from 1994 until 2018, reaching an all time high of 120 BBL/D/1K in October of 1997 and a record low of 23 BBL/D/1K in July of 2016.
Crude Oil Production in Italy is expected to be 85.00 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 Italy to stand at 85.00 in 12 months time. In the long-term, the Italy Crude Oil Production is projected to trend around 84.00 BBL/D/1K in 2020, according to our econometric models.