Russia Oil

Summary Table

  Barrels Global Rank
80,000,000,000 8th in the world

  Barrels per Day Global Rank
11,262,746 3rd in the world
3,631,287 5th in the world
Daily Surplus
+ 7,631,459  
Oil Imports
15,047  
Oil Exports
5,113,524  
5,098,477  
(Data shown is for 2016, the latest year with complete data in all categoreies)

Oil Reserves in Russia

See also: List of countries by Oil Reserves

Russia holds 80,000,000,000 barrels of proven oil reserves as of 2016, ranking 8th in the world and accounting for about 4.8% of the world's total oil reserves of 1,650,585,140,000 barrels.

Russia has proven reserves equivalent to 60.4 times its annual consumption. This means that, without Net Exports, there would be about 60 years of oil left (at current consumption levels and excluding unproven reserves).

Oil Reserves
80,000,000,000 barrels
Global Rank: 8th | Share of World: 4.85 %
60 years of oil left
(at current consumption levels)

History of Oil Reserves in Russia

Oil Consumption in Russia

See also: List of countries by Oil Consumption

  • Russia consumes 3,631,287 barrels per day (B/d) of oil as of the year 2016.
  • Russia ranks 5th in the world for oil consumption, accounting for about 3.7% of the world's total consumption of 97,103,871 barrels per day.
  • Russia consumes 1.05 gallons of oil per capita every day (based on the 2016 population of 145,275,383 people), or 383 gallons per capita per year (9 barrels). [1 barrel = 42 US Gallons]

Oil Production in Russia

See also: List of countries by Oil Production

  • Russia produces 11,262,746 barrels per day of oil (as of 2016) ranking 3rd in the world.
  • Russia produces every year an amount equivalent to 5.1% of its total proven reserves (as of 2016).

Oil Exports

  • Russia exports 45% of its oil production (5,098,477 barrels per day in 2016).

History of Oil Consumption and Production

See also

Sources