Spare crude oil production capacity

RecordSTO-01M2KJ7XC0-54GEVGWHB4-GWGE0E

more than2 millionbarrels per day
estimate

Saudi Arabia · 2018

Spare crude oil production capacity in Saudi Arabia was more than 2 million barrels per day in 2018 (IEA).

Original source

Spare crude oil production capacity: every country and year, and how it is measured

Publisher
IEA
Authority tier
T1 Official
Locator
Price volatility on the horizon
Retrieved
15 Sep 2026
Status
Verified

What the source says

Within OPEC, more than 2 mb/d of spare capacity is held in Saudi Arabia.

Checked: the figure 2 million barrels per dayis stated in this passage. If it does not match, the extraction is wrong and we want to know.

Cite this figure

APA

International Energy Agency. (2018). Market Report Series: Oil 2018. Retrieved September 15, 2026, from https://www.iea.org/reports/oil-2018. Via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE0E

Other formats: MLA, Chicago, BibTeX
MLA
International Energy Agency. "Market Report Series: Oil 2018." 2018, https://www.iea.org/reports/oil-2018. Accessed 15 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE0E.
Chicago
International Energy Agency. "Market Report Series: Oil 2018." 2018. https://www.iea.org/reports/oil-2018. Accessed September 15, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE0E.
BibTeX
@misc{iea2018sparegwge0e, author = {{International Energy Agency}}, title = {Market Report Series: Oil 2018}, year = {2018}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE0E}, note = {Original source: https://www.iea.org/reports/oil-2018. Accessed September 15, 2026.} }

Data published under CC BY 4.0. The citation credits the original publisher and links to this permanent record.

Provenance and verification

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

Chain of custody
Record: STO-01M2KJ7XC0-54GEVGWHB4-GWGE0E T1 Official

Primary source

Publisher
International Energy Agency · homepage ↗
Authority tier
Tier 1 · Multilateral Official
Report
Market Report Series: Oil 2018
Type
Report
Published
—
Locator
Price volatility on the horizon
Retrieved
15 September 2026
Link status
Reachable (HTTP 200)
Report licence
CC by 4.0

Verification

Status
Verified
Review protocol
Editorial review
Checked on
15 September 2026
Last revision
27 September 2026
Permanent URL
/stat/stat_01M2KJ7XC054GEVGWHB4GWGE0E