Saudi Arabia Oil

Oil Reserves in Saudi Arabia (2025)

See also: List of countries by Oil Reserves

Saudi Arabia holds 267,230,000,000 barrels of proven oil reserves as of 2025, ranking #2 in the world and accounting for about 15.14% of the world's total oil reserves of 1,765,151,568,000.

Saudi Arabia has proven reserves equivalent to 201.7 times its annual consumption levels (based on 2024 data). This means that, without net exports, there would be about 202 years of oil left (at 2024 consumption levels and excluding unproven reserves).

History of Oil Reserves in Saudi Arabia

Oil Consumption in Saudi Arabia (2024)

See also: List of countries by Oil Consumption

• Saudi Arabia consumes 3,630,712 barrels per day (B/d) of oil as of the year 2024.
• Saudi Arabia ranks #5 in the world for oil consumption, accounting for about 3.54% of the world's total consumption of 102,559,503 barrels per day.
• Saudi Arabia consumes 4.49 gallons of oil per capita every day (based on the 2024 population of 33,962,757 people), or 1,639 gallons per capita per year (39 barrels). [1 barrel = 42 US Gallons]

Oil Production in Saudi Arabia (2024)

See also: List of countries by Oil Production

• Saudi Arabia produces 10,872,023 barrels per day of oil (as of 2024) ranking #2 in the world.
• At 2024 production levels, Saudi Arabia produces every year about 1.48% of its proven reserves ( 2025).

Oil Exports (2018)

• In 2018, Saudi Arabia exported 59% of its oil production (7,340,811 barrels per day out of 12,405,652 produced).

History of Oil Consumption and Production