Oil production capacity growth
STO-REC-STAT01M2KJT1 Official
6.4 millionbarrels per day
Global · 2018–2023
IEA projects oil production capacity growth worldwide at 6.4 million barrels per day in 2018–2023.
- Publisher
- IEA
- Authority tier
- T1 Official
- Locator
- The US dominates supply growth
- Retrieved
- 15 Sep 2026
- Status
- Verified
What the source says
Driven by LTO, by 2023 United States output grows by 3.7 mb/d, more than half of the total global production capacity growth of 6.4 mb/d expected by then.
Verbatim extraction verified: The figure 6.4 million barrels per day is directly attested in the quoted passage (The US dominates supply 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_01M2KJ7XC054GEVGWHB4GWGE08
- 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_01M2KJ7XC054GEVGWHB4GWGE08.
- 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_01M2KJ7XC054GEVGWHB4GWGE08.
- BibTeX
- @misc{iea2023productiongwge08, author = {{International Energy Agency}}, title = {Market Report Series: Oil 2018}, year = {2023}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE08}, 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
Primary Source
- Publisher
- International Energy Agency · homepage ↗
- Authority tier
- Tier 1 · Multilateral Official
- Report
- Market Report Series: Oil 2018
- Type
- Press release
- Published
- —
- Locator
- The US dominates supply 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_01M2KJ7XC054GEVGWHB4GWGE08