India Oil

Summary Table

  Barrels Global Rank
4,728,790,000 24th in the world

  Barrels per Day Global Rank
1,016,371 20th in the world
4,443,000 3rd in the world
Daily Deficit
-3,426,629  
Oil Imports
4,255,300  
Oil Exports
5  
4,255,295  
(Data shown is for 2016, the latest year with complete data in all categoreies)

Oil Reserves in India

See also: List of countries by Oil Reserves

India holds 4,728,790,000 barrels of proven oil reserves as of 2016, ranking 24th in the world and accounting for about 0.3% of the world's total oil reserves of 1,650,585,140,000 barrels.

India has proven reserves equivalent to 2.9 times its annual consumption. This means that, without imports, there would be about 3 years of oil left (at current consumption levels and excluding unproven reserves).

Oil Reserves
4,728,790,000 barrels
Global Rank: 24th | Share of World: 0.29 %
3 years of oil left
(at current consumption levels)

History of Oil Reserves in India

Oil Consumption in India

See also: List of countries by Oil Consumption

  • India consumes 4,443,000 barrels per day (B/d) of oil as of the year 2016.
  • India ranks 3rd in the world for oil consumption, accounting for about 4.6% of the world's total consumption of 97,103,871 barrels per day.
  • India consumes 0.14 gallons of oil per capita every day (based on the 2016 population of 1,338,636,340 people), or 51 gallons per capita per year (1 barrels). [1 barrel = 42 US Gallons]

Oil Production in India

See also: List of countries by Oil Production

  • India produces 1,016,370.64 barrels per day of oil (as of 2016) ranking 20th in the world.
  • India produces every year an amount equivalent to 7.8% of its total proven reserves (as of 2016).

Oil Imports

  • India imports 96% of its oil consumption (4,255,295 barrels per day in 2016).

History of Oil Consumption and Production

See also

Sources