Crude Oil Production in the United States increased to 12655 BBL/D/1K in October from 12463 BBL/D/1K in September of 2019.

Crude Oil Production in the United States averaged 7486.64 BBL/D/1K from 1950 until 2019, reaching an all time high of 12655 BBL/D/1K in October of 2019 and a record low of 3971 BBL/D/1K in September of 2008. This page provides the latest reported value for - United States Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: U.S. Energy Information Administration

Crude Oil Production in the United States is expected to be 12900.00 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 the United States to stand at 13500.00 in 12 months time. In the long-term, the United States Crude Oil Production is projected to trend around 14000.00 BBL/D/1K in 2020, according to our econometric models.


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United States Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
12655.00 12463.00 12655.00 3971.00 1950 - 2019 BBL/D/1K Monthly
NSA
United States Trade Last Previous Highest Lowest Unit
Balance of Trade -43086.00 -46939.00 1946.00 -67823.00 USD Million [+]
Current Account -124094.00 -125210.00 9957.00 -215769.00 USD Million [+]
Current Account to GDP -2.40 -2.30 0.20 -6.00 percent [+]
Imports 251716.00 254205.00 266816.00 577.00 USD Million [+]
Exports 208630.00 207266.00 213341.00 772.00 USD Million [+]
External Debt 20421273.00 20263768.00 20421273.00 6570168.00 USD Million [+]
Terms of Trade 106.33 106.25 168.28 91.82 points [+]
Capital Flows 73136.00 -62034.00 272938.00 -194622.00 USD Million [+]
Foreign Direct Investment 50582.00 51113.00 55831.00 -9988.00 USD Million [+]
Net Long Term Tic Flows 22871.00 31484.00 157830.00 -72882.00 USD Million [+]
Gold Reserves 8133.46 8133.46 8149.05 8133.46 Tonnes [+]
Crude Oil Production 12655.00 12463.00 12655.00 3971.00 BBL/D/1K [+]
Terrorism Index 5.69 6.07 7.39 3.70 [+]
Tourism Revenues 20901.00 20837.00 21793.00 6496.00 USD Million [+]
Tourist Arrivals 6712574.00 8115682.00 8418370.00 2094287.00 [+]
Weapons Sales 10508.00 12485.00 15725.00 1742.00 USD Million [+]
Goods Trade Balance -62988.00 -66693.00 1492.20 -79790.00 USD Million [+]