Iran Oil

Oil Reserves in Iran (2025)

See also: List of countries by Oil Reserves

Iran holds 208,600,000,000 barrels of proven oil reserves as of 2025, ranking #3 in the world and accounting for about 11.82% of the world's total oil reserves of 1,765,151,568,000.

Iran has proven reserves equivalent to 290.1 times its annual consumption levels (based on 2024 data). This means that, without net exports, there would be about 290 years of oil left (at 2024 consumption levels and excluding unproven reserves).

History of Oil Reserves in Iran

Oil Consumption in Iran (2024)

See also: List of countries by Oil Consumption

• Iran consumes 1,970,348 barrels per day (B/d) of oil as of the year 2024.
• Iran ranks #11 in the world for oil consumption, accounting for about 1.92% of the world's total consumption of 102,559,503 barrels per day.
• Iran consumes 0.9 gallons of oil per capita every day (based on the 2024 population of 91,567,738 people), or 330 gallons per capita per year (8 barrels). [1 barrel = 42 US Gallons]

Oil Production in Iran (2024)

See also: List of countries by Oil Production

• Iran produces 4,626,733 barrels per day of oil (as of 2024) ranking #6 in the world.
• At 2024 production levels, Iran produces every year about 0.81% of its proven reserves ( 2025).

Oil Exports (2018)

• In 2018, Iran exported 47% of its oil production (2,197,396 barrels per day out of 4,711,351 produced).

History of Oil Consumption and Production