Report: Canadian Oil Sands Production Could Jump 15% by 2030

May 26, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--The latest annual oil sands production outlook from S&P Global Commodity Insights forecasts Canadian oil sands production could reach 3.7 million barrels per day (BBL/d) by 2030, which is half a million barrels higher than the present capacity. That increase could be buoyed by Suncor Energy Incorporated's (NYSE:SU) (Calgary, Alberta) oil sands operations.