Crude Oil Production in Libya increased to 1188 BBL/D/1K in November from 1166 BBL/D/1K in October of 2019. Crude Oil Production in Libya averaged 1337.98 BBL/D/1K from 1973 until 2019, reaching an all time high of 2370 BBL/D/1K in October of 1973 and a record low of 7 BBL/D/1K in August of 2011. source: Organization of the Petroleum Exporting Countries
Crude Oil Production in Libya is expected to be 900.00 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 Libya to stand at 875.00 in 12 months time. In the long-term, the Libya Crude Oil Production is projected to trend around 825.00 BBL/D/1K in 2020, according to our econometric models.