Crude Oil Production in Norway increased to 1535 BBL/D/1K in December from 1525 BBL/D/1K in November of 2018. Crude Oil Production in Norway averaged 1675.30 BBL/D/1K from 1973 until 2018, reaching an all time high of 3417 BBL/D/1K in July of 2000 and a record low of 2 BBL/D/1K in January of 1974.

Crude Oil Production in Norway is expected to be 1540.00 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 Norway to stand at 1490.00 in 12 months time. In the long-term, the Norway Crude Oil Production is projected to trend around 1470.00 BBL/D/1K in 2020, according to our econometric models.

Norway Crude Oil Production
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Forecast Data Chart
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Norway Trade Last Previous Highest Lowest Unit
Balance of Trade 13869.80 15207.02 48677.18 -6100.20 NOK Million [+]
Current Account 46795.00 91355.00 122200.00 -16087.00 NOK Million [+]
Current Account to GDP 8.10 5.70 16.20 -6.10 percent [+]
Imports 65796.78 62053.48 84950.76 696.00 NOK Million [+]
Exports 79666.58 77260.50 99710.44 449.00 NOK Million [+]
External Debt 5425403.00 5235309.00 5585278.00 0.00 NOK Million [+]
Terms of Trade 105.38 108.23 115.90 75.84 Index Points [+]
Capital Flows 54753.00 53275.00 189108.00 -61109.00 NOK Million [+]
Crude Oil Production 1535.00 1525.00 3417.00 2.00 BBL/D/1K [+]
Terrorism Index 0.15 0.00 4.71 0.00 [+]
Weapons Sales 134.00 150.00 278.00 1.00 USD Million [+]
Foreign Direct Investment -40950.00 -4796.00 118173.00 -219186.00 NOK Million [+]

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Norway Crude Oil Production

This page provides the latest reported value for - Norway Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Norway Crude Oil Production - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1535.00 1525.00 3417.00 2.00 1973 - 2018 BBL/D/1K Monthly
NSA




Country Last Previous
United States 11871.00 Jan/19
Russia 11051.00 Dec/18
Saudi Arabia 9787.00 Mar/19
Canada 4379.00 Dec/18
China 3845.00 Dec/18
Brazil 2769.00 Dec/18
Mexico 1733.00 Dec/18
United Kingdom 1085.71 Dec/18
Indonesia 776.00 Dec/18
India 689.00 Dec/18
Argentina 498.00 Dec/18
Australia 323.00 Dec/18
Italy 85.00 Dec/18
Turkey 56.00 Dec/18
Germany 38.00 Dec/18
France 15.00 Dec/18
Netherlands 15.00 Dec/18
Japan 3.00 Dec/18
South Africa 1.00 Dec/18
Spain 1.00 Dec/18


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