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Crude Oil Production Forecast 2026/2027
World
Europe
America
Asia
Africa
Australia
G20
WORLD
AMERICA
EUROPE
ASIA
AUSTRALIA
AFRICA
Country
Last
Q1/26
Q2/26
Q3/26
Q4/26
Algeria
973.00
Feb/26
971
989
1010
1030
BBL/D/1K
Argentina
848.00
Nov/25
895
925
950
980
BBL/D/1K
Azerbaijan
550.00
Nov/25
475
540
550
545
BBL/D/1K
Brazil
3772.77
Nov/25
3960
4120
4250
4400
BBL/D/1K
Canada
5234.00
Nov/25
5150
5120
5210
5300
BBL/D/1K
China
4310.00
Nov/25
4380
4410
4360
4315
BBL/D/1K
Ecuador
469.00
Nov/25
425
445
460
475
BBL/D/1K
Indonesia
588.00
Nov/25
605
615
625
635
BBL/D/1K
Iran
3176.00
Feb/26
1150
2450
2800
3050
BBL/D/1K
Iraq
4140.00
Feb/26
1300
4150
4350
4500
BBL/D/1K
Kazakhstan
2029.00
Nov/25
1850
1980
2150
2240
BBL/D/1K
Kuwait
2580.00
Feb/26
2250
2610
2640
2680
BBL/D/1K
Libya
1287.00
Feb/26
1420
1480
1550
1620
BBL/D/1K
Malaysia
530.00
Nov/25
515
545
555
565
BBL/D/1K
Mexico
1730.00
Nov/25
1450
1520
1580
1650
BBL/D/1K
Nigeria
1314.00
Feb/26
1520
1720
1850
1920
BBL/D/1K
Norway
1899.00
Nov/25
2010
1850
1980
1940
BBL/D/1K
Qatar
1322.00
Nov/25
850
1335
1345
1380
BBL/D/1K
Russia
10056.00
Nov/25
9100
9450
9700
9950
BBL/D/1K
Saudi Arabia
10111.00
Feb/26
8700
10250
10380
10500
BBL/D/1K
United Arab Emirates
3390.00
Feb/26
2800
3410
3460
3500
BBL/D/1K
United Kingdom
588.00
Nov/25
590
520
570
640
BBL/D/1K
United States
13655.00
Dec/25
13730
13650
13470
13500
BBL/D/1K
Venezuela
1021.00
Feb/26
850
1050
1150
1250
BBL/D/1K
Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Crude Oil Production Forecast 2026/2027 - was last updated on Saturday, March 21, 2026.
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