Oil demand

STO-REC-STAT01M2KJT1 Official
104.7 millionbarrels per day
forecast

Global · 2023

IEA projects oil demand worldwide at 104.7 million barrels per day in 2023.

Original source
Publisher
IEA
Authority tier
T1 Official
Locator
Solid economy underpins demand growth
Retrieved
15 Sep 2026
Status
Verified

What the source says

By 2023, oil demand will reach 104.7 mb/d, up 6.9 mb/d from 2018.

Verbatim extraction verified: The figure 104.7 million barrels per day is directly attested in the quoted passage (Solid economy underpins demand growth).

The figure above was extracted from this passage. If it does not match, the extraction is wrong and we want to know.

Cite this figure

Published under CC BY 4.0. Attribute the original publisher; the citations below do that for you and link to this permanent record.

APA
International Energy Agency. (2023). Market Report Series: Oil 2018. Retrieved September 15, 2026, from https://www.iea.org/reports/oil-2018. Via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE01
MLA
International Energy Agency. "Market Report Series: Oil 2018." 2023, https://www.iea.org/reports/oil-2018. Accessed 15 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE01.
Chicago
International Energy Agency. "Market Report Series: Oil 2018." 2023. https://www.iea.org/reports/oil-2018. Accessed September 15, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE01.
BibTeX
@misc{iea2023demandgwge01, author = {{International Energy Agency}}, title = {Market Report Series: Oil 2018}, year = {2023}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE01}, note = {Original source: https://www.iea.org/reports/oil-2018. Accessed September 15, 2026.} }

Provenance and verification

Everything needed to check this number yourself, without taking our word for it.

Chain of Custody · Verification Audit
Record: STO-REC-STAT01M2KJ T1 Official

Primary Source

Publisher
International Energy Agency · homepage ↗
Authority tier
Tier 1 · Multilateral Official
Report
Market Report Series: Oil 2018
Type
Press release
Published
Locator
Solid economy underpins demand growth
Retrieved
15 September 2026
Link status
Reachable (HTTP 200)
Report licence
See source

Verification & Integrity

Audit status
Verified
Review protocol
Editorial review
Checked on
15 September 2026
Last revision
15 September 2026
Archival URI
/stat/stat_01M2KJ7XC054GEVGWHB4GWGE01