India Oil

Oil Reserves in India

See also: List of countries by Oil Reserves

India holds 4,728,790,000 barrels of proven oil reserves in the world as of 2016, ranking #24 in the world and accounting for about 0.29% of the world's total oil reserves of 1,650,585,140,000.

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

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 #3 in the world for oil consumption, accounting for about 4.58% 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 1,343,944,296 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 1,016,371 barrels per day of oil (as of 2016) ranking #20 in the world.
• India produces every year an amount equivalent to 7.85% 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