Oil production capacity growth
RecordSTO-053FFFR585-7JAGQA8EJW-HXJSX1
Global · 2018–2023
IEA projected 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.
Checked: the figure 6.4 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. (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_053FFFR5857JAGQA8EJWHXJSX1
Other formats: MLA, Chicago, BibTeX
- 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_053FFFR5857JAGQA8EJWHXJSX1.
- 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_053FFFR5857JAGQA8EJWHXJSX1.
- BibTeX
- @misc{iea2023productionhxjsx1, author = {{International Energy Agency}}, title = {Market Report Series: Oil 2018}, year = {2023}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_053FFFR5857JAGQA8EJWHXJSX1}, 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.
Primary source
- Publisher
- International Energy Agency · homepage ↗
- Authority tier
- Tier 1 · Multilateral Official
- Report
- Market Report Series: Oil 2018
- Type
- Report
- Published
- —
- Locator
- The US dominates supply growth
- Retrieved
- 15 September 2026
- Link status
- Reachable (HTTP 200)
- Report licence
- CC by 4.0
Verification
- Status
- Verified
- Review protocol
- editorial:judge-fix-v1:2026-09-27
- Checked on
- 27 September 2026
- Last revision
- 27 September 2026
- Permanent URL
- /stat/stat_053FFFR5857JAGQA8EJWHXJSX1