Russia Oil

Oil Reserves in Russia (2025)

See also: List of countries by Oil Reserves

Russia holds 80,000,000,000 barrels of proven oil reserves as of 2025, ranking #9 in the world and accounting for about 4.53% of the world's total oil reserves of 1,765,151,568,000.

Russia has proven reserves equivalent to 57.8 times its annual consumption levels (based on 2024 data). This means that, without net exports, there would be about 58 years of oil left (at 2024 consumption levels and excluding unproven reserves).

History of Oil Reserves in Russia

Oil Consumption in Russia (2024)

See also: List of countries by Oil Consumption

• Russia consumes 3,791,146 barrels per day (B/d) of oil as of the year 2024.
• Russia ranks #4 in the world for oil consumption, accounting for about 3.70% of the world's total consumption of 102,559,503 barrels per day.
• Russia consumes 1.1 gallons of oil per capita every day (based on the 2024 population of 144,820,423 people), or 401 gallons per capita per year (10 barrels). [1 barrel = 42 US Gallons]

Oil Production in Russia (2024)

See also: List of countries by Oil Production

• Russia produces 10,533,244 barrels per day of oil (as of 2024) ranking #3 in the world.
• At 2024 production levels, Russia produces every year about 4.81% of its proven reserves ( 2025).

Oil Exports (2018)

• In 2018, Russia exported 46% of its oil production (5,181,769 barrels per day out of 11,384,519 produced).

History of Oil Consumption and Production