China Oil

Oil Reserves in China (2025)

See also: List of countries by Oil Reserves

China holds 28,182,000,000 barrels of proven oil reserves as of 2025, ranking #13 in the world and accounting for about 1.60% of the world's total oil reserves of 1,765,151,568,000.

China has proven reserves equivalent to 4.7 times its annual consumption levels (based on 2024 data). This means that, without imports, there would be about 5 years of oil left (at 2024 consumption levels and excluding unproven reserves).

History of Oil Reserves in China

Oil Consumption in China (2024)

See also: List of countries by Oil Consumption

• China consumes 16,370,536 barrels per day (B/d) of oil as of the year 2024.
• China ranks #2 in the world for oil consumption, accounting for about 15.96% of the world's total consumption of 102,559,503 barrels per day.
• China consumes 0.48 gallons of oil per capita every day (based on the 2024 population of 1,419,321,278 people), or 177 gallons per capita per year (4 barrels). [1 barrel = 42 US Gallons]

Oil Production in China (2024)

See also: List of countries by Oil Production

• China produces 5,334,336 barrels per day of oil (as of 2024) ranking #5 in the world.
• At 2024 production levels, China produces every year about 6.91% of its proven reserves ( 2025).

Oil Imports (2018)

• In 2018, China imported 68% of its oil consumption (9,185,528 barrels per day out of 13,436,283 consumed).

History of Oil Consumption and Production