Crude Oil Production in Russia decreased to 10973 BBL/D/1K in January from 11051 BBL/D/1K in December of 2018. Crude Oil Production in Russia averaged 8385.79 BBL/D/1K from 1992 until 2019, reaching an all time high of 11051 BBL/D/1K in December of 2018 and a record low of 5707 BBL/D/1K in May of 1998.
Crude Oil Production in Russia is expected to be 10750.00 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 Russia to stand at 10300.00 in 12 months time. In the long-term, the Russia Crude Oil Production is projected to trend around 10200.00 BBL/D/1K in 2020, according to our econometric models.