Papua New Guinea Crude Oil Production

Papua New Guinea · Monthly series · EC-PG-COP

Latest, July 2026

29,753.0 pts

-0.6% from June 2026

Open interactive chartPapua New Guinea Crude Oil Production in the app

55K41.08K27.15KAugust 2016July 2027
History through July 2026, the forecast path to July 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for July 2027: 28,306.9 pts, with an 80% interval of 27,150.3 pts to 30,443.6 pts.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
August 202629,552.1 pts29,502.4 pts29,604.2 pts
September 202629,432.5 pts29,323.2 pts29,556.3 pts
October 202629,285.9 pts29,070.1 pts29,572.6 pts
November 202629,139.9 pts28,910.4 pts29,463.1 pts
December 202629,017.7 pts28,738.6 pts29,434.2 pts
January 202728,892.3 pts28,467.0 pts29,606.3 pts
February 202728,791.2 pts28,311.0 pts29,622.1 pts
March 202728,698.9 pts28,157.9 pts29,676.0 pts
April 202728,596.2 pts27,641.2 pts30,328.1 pts
May 202728,499.4 pts27,567.1 pts30,245.3 pts
June 202728,388.2 pts27,312.0 pts30,387.0 pts
July 202728,306.9 pts27,150.3 pts30,443.6 pts

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-15.

AI confidence

Mixed evidence

The tests show no consistent, material advantage over the no-change baseline.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
+8%Matches the no-change baseline over 12 tests (12 tests, 8 won)
Direction
77%No clear edge over a coin flip (100 of 130 calls right in 12 tests)
Turning points
6 of 17Anticipated some turns (17 turns in 12 tests, 2 without a turn)
Error vs baseline
8% lowerError ratio 0.92; 1.00 is a tie.
Tests won
8 / 12Complete rolling backtests; ties count as no win.
Test period
2014-08-01 to 2026-07-0112 observations ahead per test.
80% band coverage
78%Observed outcomes inside the band across all stored test windows.
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Replay past tests

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.

Reading

It is above 3% of the 119 earlier readings since August 2016.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
July 202629,753.0 pts
June 202629,934.0 pts
May 202630,113.0 pts
April 202630,283.0 pts
March 202630,485.0 pts
February 202630,655.0 pts
January 202630,803.0 pts
December 202531,098.0 pts
November 202531,174.0 pts
October 202531,249.0 pts
September 202531,326.0 pts
August 202531,402.0 pts
July 202531,478.0 pts
June 202531,557.0 pts
May 202531,634.0 pts
April 202531,707.0 pts
March 202531,795.0 pts
February 202531,866.0 pts
January 202531,929.0 pts
December 202432,063.0 pts
November 202432,081.0 pts
October 202432,117.0 pts
September 202432,139.0 pts
August 202432,137.0 pts

Source

Data: public market data feeds.

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