Crude Oil Production in Saudi Arabia decreased to 9890 BBL/D/1K in November from 10303 BBL/D/1K in October of 2019.

Crude Oil Production in Saudi Arabia averaged 8145.20 BBL/D/1K from 1973 until 2019, reaching an all time high of 11093 BBL/D/1K in November of 2018 and a record low of 2340 BBL/D/1K in August of 1985. This page provides the latest reported value for - Saudi Arabia Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Organization of the Petroleum Exporting Countries

Crude Oil Production in Saudi Arabia is expected to be 9000.00 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 Saudi Arabia to stand at 9800.00 in 12 months time. In the long-term, the Saudi Arabia Crude Oil Production is projected to trend around 10300.00 BBL/D/1K in 2020, according to our econometric models.


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Saudi Arabia Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
9890.00 10303.00 11093.00 2340.00 1973 - 2019 BBL/D/1K Monthly
NSA

Saudi Arabia Crude Oil Production
Saudi Arabia, is the world’s largest oil exporter, accounting for 10 percent of global oil supply.

Saudi Arabia Trade Last Previous Highest Lowest Unit
Balance of Trade 109229.00 127500.00 454159.00 3898.00 Million SAR [+]
Current Account 9845.00 12407.00 90060.70 -27509.30 USD Million [+]
Current Account to GDP 9.20 1.50 28.50 -21.00 percent [+]
Imports 126797.00 127699.00 222985.00 2578.00 Million SAR [+]
Exports 236094.00 255199.00 677144.00 9118.00 Million SAR [+]
Capital Flows 7364.63 12301.00 102296.29 -49295.00 USD Million [+]
Tourism Revenues 14848.00 13438.00 14848.00 3418.00 USD Million [+]
Gold Reserves 323.07 323.07 323.10 142.95 Tonnes [+]
Crude Oil Production 9890.00 10303.00 11093.00 2340.00 BBL/D/1K [+]
Foreign Direct Investment 1141.00 1072.00 11746.54 264.00 USD Million [+]
Terrorism Index 5.24 5.48 5.81 2.41 [+]
Remittances 27616.00 28441.00 38101.00 12479.00 SAR Million [+]
Tourist Arrivals 16109.00 18049.00 18260.00 6585.00 Thousand [+]