Key Market Indicators
Moldova's crude oil production is expected to drop 3.3% annually in the coming years, from 4.29 thousand tonnes of oil equivalent in 2026 to 5.14 thousand tonnes in 2021. Since 2009, the country's output has been in decline, with a 3.1% year-on-year decrease. In 2021, Moldova was ranked 82nd, with Bulgaria ahead at 5.14 thousand tonnes of oil equivalent. Saudi Arabia, the United States and Iraq took the top three spots.