(Data shown is for 2016, the latest year with complete data in all categoreies)
| ||Barrels per Day ||Global Rank |
| ||4,905,071 ||4th in the world |
| ||12,791,553 ||2nd in the world |
| -7,886,482 || |
|7,620,760 || |
|58,812 || |
| ||7,561,948 || |
Oil Reserves in China
See also: List of countries by Oil Reserves
China holds 25,132,122,000 barrels of proven oil reserves as of 2016, ranking 14th in the world and accounting for about
1.5% of the world's total oil reserves of 1,650,585,140,000 barrels.
China has proven reserves equivalent to 5.4 times its annual consumption. This means that, without imports, there would be about 5 years of oil left (at current consumption levels and excluding unproven reserves).
Global Rank: 14th
| Share of World: 1.52 %
5 years of oil left
(at current consumption levels)
History of Oil Reserves in China
Oil Consumption in China
See also: List of countries by Oil Consumption
- China consumes 12,791,553 barrels per day (B/d) of oil as of the year 2016.
- China ranks 2nd in the world for oil consumption, accounting for about 13.2% of the world's total consumption of 97,103,871 barrels per day.
- China consumes 0.38 gallons of oil per capita every day (based on the 2016 population of 1,414,049,351 people), or 139 gallons per capita per year (3 barrels). [1 barrel = 42 US Gallons]
Oil Production in China
See also: List of countries by Oil Production
- China produces
4,905,070.87 barrels per day of oil (as of 2016) ranking 4th in the world.
- China produces every year an amount equivalent to 7.1% of its total proven reserves (as of 2016).
- China imports 59% of its oil consumption (7,561,948 barrels per day in 2016).
History of Oil Consumption and Production