United Kingdom Oil

Oil Reserves in the United Kingdom

See also: List of countries by Oil Reserves

the United Kingdom holds 2,754,685,000 barrels of proven oil reserves in the world as of 2016, ranking #30 in the world and accounting for about 0.17% of the world's total oil reserves of 1,650,585,140,000.

the United Kingdom has proven reserves equivalent to 4.8 times its annual consumption levels. This means that, without imports, there would be about 5 years of oil left (at current consumption levels and excluding unproven reserves).

History of Oil Reserves in the United Kingdom

Oil Consumption in the United Kingdom

See also: List of countries by Oil Consumption

• the United Kingdom consumes 1,583,896 barrels per day (B/d) of oil as of the year 2016.
• the United Kingdom ranks #15 in the world for oil consumption, accounting for about 1.63% of the world's total consumption of 97,103,871 barrels per day.
• the United Kingdom consumes 1.01 gallons of oil per capita every day (based on the 2016 population of 65,893,358 people), or 368 gallons per capita per year (9 barrels). [1 barrel = 42 US Gallons]

Oil Production in the United Kingdom

See also: List of countries by Oil Production

• the United Kingdom produces 1,083,928 barrels per day of oil (as of 2016) ranking #19 in the world.
• the United Kingdom produces every year an amount equivalent to 14.36% of its total proven reserves (as of 2016).

Oil Imports

• the United Kingdom imports 11% of its oil consumption (177,443 barrels per day in 2016).

History of Oil Consumption and Production