Calgary, AB – – September 29, 2026 -- Canadian oil sands production is projected to average a record 3.5 million barrels per day (b/d) in 2026, a 100,000 b/d increase of 3% over the prior year, according to S&P Global Energy's latest 10-year production outlook. Output is forecast to climb further to 3.9 million b/d by the early 2030s.