Singapore Oil

Oil Consumption in Singapore

See also: List of countries by Oil Consumption

• Singapore consumes 1,357,000 barrels per day (B/d) of oil as of the year 2016.
• Singapore ranks #16 in the world for oil consumption, accounting for about 1.40% of the world's total consumption of 97,103,871 barrels per day.
• Singapore consumes 10.22 gallons of oil per capita every day (based on the 2016 population of 5,577,930 people), or 3,729 gallons per capita per year (89 barrels). [1 barrel = 42 US Gallons]

Oil Production in Singapore

See also: List of countries by Oil Production

• Singapore produces 42,274 barrels per day of oil (as of 2016) ranking #67 in the world.
• Singapore produces every year an amount equivalent to of its total proven reserves (as of 2016).

Oil Imports

• Singapore imports 76% of its oil consumption (1,029,925 barrels per day in 2016).

History of Oil Consumption and Production