Crude Oil Production in the United States decreased to 9862 BBL/D/1K in February from 11080 BBL/D/1K in January of 2021. source: U.S. Energy Information Administration

Crude Oil Production in the United States averaged 7559.98 BBL/D/1K from 1950 until 2021, reaching an all time high of 12879 BBL/D/1K in November 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. United States Crude Oil Production - values, historical data and charts - was last updated on May of 2021.

Crude Oil Production in the United States is expected to be 11000.00 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 11000.00 in 12 months time. In the long-term, the United States Crude Oil Production is projected to trend around 12000.00 BBL/D/1K in 2022, according to our econometric models.

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United States Crude Oil Production

Actual Previous Highest Lowest Dates Unit Frequency
9862.00 11080.00 12879.00 3971.00 1950 - 2021 BBL/D/1K Monthly
NSA

United States Trade Last Previous Highest Lowest Unit
Balance of Trade -74448.00 -70518.00 1946.00 -74448.00 USD Million [+]
Current Account -188484.00 -180917.00 9957.00 -218442.00 USD Million [+]
Current Account to GDP -3.10 -2.20 0.20 -6.00 percent [+]
Imports 274478.00 258107.00 274478.00 577.00 USD Million [+]
Exports 200030.00 187589.00 215032.00 772.00 USD Million [+]
External Debt 21358343.00 21314655.00 21358343.00 6570168.00 USD Million [+]
Terms of Trade 107.64 105.06 172.45 94.05 points [+]
Capital Flows 72638.00 105821.00 317000.00 -194622.00 USD Million [+]
Foreign Direct Investment 45262.00 40052.00 55831.00 -9988.00 USD Million [+]
Net Long Term Tic Flows 4214.00 90815.00 157830.00 -134895.00 USD Million [+]
Gold Reserves 8133.46 8133.46 8149.05 8133.46 Tonnes [+]
Crude Oil Production 9862.00 11080.00 12879.00 3971.00 BBL/D/1K [+]
Goods Trade Balance -90604.00 -86997.00 1492.20 -90604.00 USD Million [+]
Oil Exports 4734.36 3917.89 6722.71 0.00 USD Million [+]
Tourism Revenues 4881.00 5091.00 21327.00 3873.00 USD Million [+]
Tourist Arrivals 1046703.00 1138958.00 8418370.00 248952.00 [+]
Terrorism Index 5.26 5.69 7.39 3.70 [+]
Weapons Sales 9372.00 10788.00 15731.00 1427.00 USD Million [+]