Barbados Oil

Oil Reserves in Barbados

See also: List of countries by Oil Reserves

Barbados holds 2,315,000 barrels of proven oil reserves in the world as of 2016, ranking #95 in the world and accounting for about 0.00014% of the world's total oil reserves of 1,650,585,140,000.

Barbados has proven reserves equivalent to 0.6 times its annual consumption levels. This means that, without net exports, there would be about 1 years of oil left (at current consumption levels and excluding unproven reserves).

History of Oil Reserves in Barbados

Oil Consumption in Barbados

See also: List of countries by Oil Consumption

• Barbados consumes 11,001 barrels per day (B/d) of oil as of the year 2016.
• Barbados ranks #159 in the world for oil consumption, accounting for about 0.011% of the world's total consumption of 97,103,871 barrels per day.
• Barbados consumes 1.65 gallons of oil per capita every day (based on the 2016 population of 279,598 people), or 603 gallons per capita per year (14 barrels). [1 barrel = 42 US Gallons]

Oil Production in Barbados

See also: List of countries by Oil Production

• Barbados produces 1,000 barrels per day of oil (as of 2016) ranking #105 in the world.
• Barbados produces every year an amount equivalent to 15.77% of its total proven reserves (as of 2016).

Oil Exports

• Barbados exports 64% of its oil production (642 barrels per day in 2016).

History of Oil Consumption and Production