Crude Oil Production in Italy increased to 88 BBL/D/1K in February from 87 BBL/D/1K in January of 2019. Crude Oil Production in Italy averaged 95.65 BBL/D/1K from 1994 until 2019, 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.