Brazil Oil

Oil Reserves in Brazil (2025)

See also: List of countries by Oil Reserves

Brazil holds 15,894,160,000 barrels of proven oil reserves as of 2025, ranking #15 in the world and accounting for about 0.90% of the world's total oil reserves of 1,765,151,568,000.

Brazil has proven reserves equivalent to 13.3 times its annual consumption levels (based on 2024 data). This means that, without net exports, there would be about 13 years of oil left (at 2024 consumption levels and excluding unproven reserves).

History of Oil Reserves in Brazil

Oil Consumption in Brazil (2024)

See also: List of countries by Oil Consumption

• Brazil consumes 3,268,781 barrels per day (B/d) of oil as of the year 2024.
• Brazil ranks #6 in the world for oil consumption, accounting for about 3.19% of the world's total consumption of 102,559,503 barrels per day.
• Brazil consumes 0.65 gallons of oil per capita every day (based on the 2024 population of 211,998,573 people), or 236 gallons per capita per year (6 barrels). [1 barrel = 42 US Gallons]

Oil Production in Brazil (2024)

See also: List of countries by Oil Production

• Brazil produces 4,277,066 barrels per day of oil (as of 2024) ranking #9 in the world.
• At 2024 production levels, Brazil produces every year about 9.82% of its proven reserves ( 2025).

Oil Exports (2018)

• In 2018, Brazil exported 27% of its oil production (937,119 barrels per day out of 3,412,791 produced).

History of Oil Consumption and Production