Crude Oil Production in the United Kingdom increased to 931 BBL/D/1K in March from 870 BBL/D/1K in February of 2021. source: U.S. Energy Information Administration

Crude Oil Production in the United Kingdom averaged 1593.59 BBL/D/1K from 1973 until 2021, reaching an all time high of 2821 BBL/D/1K in December of 1998 and a record low of 1 BBL/D/1K in January of 1975. This page provides the latest reported value for - United Kingdom Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Crude Oil Production - values, historical data and charts - was last updated on July of 2021.

Crude Oil Production in the United Kingdom is expected to be 850.00 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 Kingdom to stand at 850.00 in 12 months time. In the long-term, the United Kingdom Crude Oil Production is projected to trend around 750.00 BBL/D/1K in 2022, according to our econometric models.

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United Kingdom Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
931.00 870.00 2821.00 1.00 1973 - 2021 BBL/D/1K Monthly
NSA

United Kingdom Trade Last Previous Highest Lowest Unit
Balance of Trade 884.00 -1595.00 7644.00 -8737.00 GBP Million [+]
Current Account -12828.00 -26286.00 2668.00 -34541.00 GBP Million [+]
Current Account to GDP -3.50 -3.10 2.70 -5.40 percent of GDP [+]
Imports 50759.00 51075.00 64572.00 1031.00 GBP Million [+]
Exports 51643.00 49480.00 62472.00 962.00 GBP Million [+]
External Debt 7147294.00 7287334.00 7417554.00 565439.00 GBP Million [+]
Capital Flows 27999.00 37969.00 41086.00 -12725.00 GBP Million [+]
Foreign Direct Investment 11963.00 -2769.00 92093.00 -44536.00 GBP Million [+]
Gold Reserves 310.29 310.29 588.27 310.25 Tonnes [+]
Crude Oil Production 931.00 870.00 2821.00 1.00 BBL/D/1K [+]
Auto Exports 46977.00 60331.00 136305.00 152.00 Units [+]
Goods Trade Balance -8481.00 -10958.00 775.00 -16737.00 GBP Million [+]
Terrorism Index 5.16 5.41 5.68 4.19 [+]
Tourism Revenues 60.00 79.00 3654.00 60.00 GBP Million [+]
Tourist Arrivals 176.00 127.00 4418.00 95.00 Thousand [+]
Weapons Sales 429.00 907.00 5959.00 429.00 SIPRI TIV Million [+]