Italy Oil

Oil Reserves in Italy (2025)

See also: List of countries by Oil Reserves

Italy holds 578,023,000 barrels of proven oil reserves as of 2025, ranking #47 in the world and accounting for about 0.033% of the world's total oil reserves of 1,765,151,568,000.

Italy has proven reserves equivalent to 1.3 times its annual consumption levels (based on 2024 data). This means that, without imports, there would be about 1 years of oil left (at 2024 consumption levels and excluding unproven reserves).

History of Oil Reserves in Italy

Oil Consumption in Italy (2024)

See also: List of countries by Oil Consumption

• Italy consumes 1,240,514 barrels per day (B/d) of oil as of the year 2024.
• Italy ranks #19 in the world for oil consumption, accounting for about 1.21% of the world's total consumption of 102,559,503 barrels per day.
• Italy consumes 0.88 gallons of oil per capita every day (based on the 2024 population of 59,342,867 people), or 320 gallons per capita per year (8 barrels). [1 barrel = 42 US Gallons]

Oil Production in Italy (2024)

See also: List of countries by Oil Production

• Italy produces 124,289 barrels per day of oil (as of 2024) ranking #42 in the world.
• At 2024 production levels, Italy produces every year about 7.85% of its proven reserves ( 2025).

Oil Imports (2020)

• In 2020, Italy imported 97% of its oil consumption (1,005,111 barrels per day out of 1,032,391 consumed).

History of Oil Consumption and Production