Crude Oil Production in Canada increased to 4793 BBL/D/1K in July from 4666 BBL/D/1K in June of 2024. Crude Oil Production in Canada averaged 2249.78 BBL/D/1K from 1973 until 2024, reaching an all time high of 4990.00 BBL/D/1K in December of 2023 and a record low of 955.00 BBL/D/1K in April of 1982. source: U.S. Energy Information Administration

Crude Oil Production in Canada is expected to be 4800.00 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Canada Crude Oil Production is projected to trend around 5100.00 BBL/D/1K in 2025 and 5250.00 BBL/D/1K in 2026, according to our econometric models.




Related Last Previous Unit Reference
Balance of Trade -1260.00 -1470.00 CAD Million Sep 2024
Capital Flows -11344.00 -5080.00 CAD Million Jun 2024
Crude Oil Production 4793.00 4666.00 BBL/D/1K Jul 2024
Current Account -8500.00 -5400.00 CAD Million Jun 2024
Current Account to GDP -0.60 -0.40 percent of GDP Dec 2023
Exports 63880.00 63960.00 CAD Million Sep 2024
Exports by Category
Exports by Country
External Debt 4272791.00 4159276.00 CAD Million Jun 2024
Foreign Direct Investment 38538.00 -13218.00 CAD Million Jun 2024
Gold Reserves 0.00 0.00 Tonnes Jun 2024
Imports 65150.00 65430.00 CAD Million Sep 2024
Imports by Category
Imports by Country
Oil Exports 10816.00 11167.40 CAD Million Sep 2024
Terms of Trade 101.00 101.40 points Sep 2024
Terrorism Index 1.75 3.28 Points Dec 2023
Tourist Arrivals 2882158.00 4007080.00 Sep 2024
Weapons Sales 285.00 175.00 SIPRI TIV Million Dec 2023

Canada Crude Oil Production
Actual Previous Highest Lowest Dates Unit Frequency
4793.00 4666.00 4990.00 955.00 1973 - 2024 BBL/D/1K Monthly
NSA