Peru Oil

Oil Reserves in Peru (2025)

See also: List of countries by Oil Reserves

Peru holds 671,214,000 barrels of proven oil reserves as of 2025, ranking #42 in the world and accounting for about 0.038% of the world's total oil reserves of 1,765,151,568,000.

Peru has proven reserves equivalent to 7 times its annual consumption levels (based on 2024 data). This means that, without imports, there would be about 7 years of oil left (at 2024 consumption levels and excluding unproven reserves).

History of Oil Reserves in Peru

Oil Consumption in Peru (2024)

See also: List of countries by Oil Consumption

• Peru consumes 264,380 barrels per day (B/d) of oil as of the year 2024.
• Peru ranks #48 in the world for oil consumption, accounting for about 0.26% of the world's total consumption of 102,559,503 barrels per day.
• Peru consumes 0.32 gallons of oil per capita every day (based on the 2024 population of 34,217,848 people), or 118 gallons per capita per year (3 barrels). [1 barrel = 42 US Gallons]

Oil Production in Peru (2024)

See also: List of countries by Oil Production

• Peru produces 124,629 barrels per day of oil (as of 2024) ranking #41 in the world.
• At 2024 production levels, Peru produces every year about 6.78% of its proven reserves ( 2025).

Oil Imports (2018)

• In 2018, Peru imported 44% of its oil consumption (106,426 barrels per day out of 242,989 consumed).

History of Oil Consumption and Production