China Oil

Summary Table

  Barrels Global Rank
25,132,122,000 14th in the world

  Barrels per Day Global Rank
4,905,071 4th in the world
12,791,553 2nd in the world
Daily Deficit
Oil Imports
Oil Exports
(Data shown is for 2016, the latest year with complete data in all categoreies)

Oil Reserves in China

See also: List of countries by Oil Reserves

China holds 25,132,122,000 barrels of proven oil reserves as of 2016, ranking 14th in the world and accounting for about 1.5% of the world's total oil reserves of 1,650,585,140,000 barrels.

China has proven reserves equivalent to 5.4 times its annual consumption. This means that, without imports, there would be about 5 years of oil left (at current consumption levels and excluding unproven reserves).

Oil Reserves
25,132,122,000 barrels
Global Rank: 14th | Share of World: 1.52 %
5 years of oil left
(at current consumption levels)

History of Oil Reserves in China

Oil Consumption in China

See also: List of countries by Oil Consumption

  • China consumes 12,791,553 barrels per day (B/d) of oil as of the year 2016.
  • China ranks 2nd in the world for oil consumption, accounting for about 13.2% of the world's total consumption of 97,103,871 barrels per day.
  • China consumes 0.38 gallons of oil per capita every day (based on the 2016 population of 1,401,889,681 people), or 140 gallons per capita per year (3 barrels). [1 barrel = 42 US Gallons]

Oil Production in China

See also: List of countries by Oil Production

  • China produces 4,905,070.87 barrels per day of oil (as of 2016) ranking 4th in the world.
  • China produces every year an amount equivalent to 7.1% of its total proven reserves (as of 2016).

Oil Imports

  • China imports 59% of its oil consumption (7,561,948 barrels per day in 2016).

History of Oil Consumption and Production

See also