Spain Oil

Oil Reserves in Spain (2025)

See also: List of countries by Oil Reserves

Spain holds 150,000,000 barrels of proven oil reserves as of 2025, ranking #62 in the world and accounting for about 0.0085% of the world's total oil reserves of 1,765,151,568,000.

Spain has proven reserves equivalent to 0.3 times its annual consumption levels (based on 2024 data). This means that, without imports, there would be about 0 years of oil left (at 2024 consumption levels and excluding unproven reserves).

History of Oil Reserves in Spain

Oil Consumption in Spain (2024)

See also: List of countries by Oil Consumption

• Spain consumes 1,322,492 barrels per day (B/d) of oil as of the year 2024.
• Spain ranks #18 in the world for oil consumption, accounting for about 1.29% of the world's total consumption of 102,559,503 barrels per day.
• Spain consumes 1.16 gallons of oil per capita every day (based on the 2024 population of 47,910,526 people), or 423 gallons per capita per year (10 barrels). [1 barrel = 42 US Gallons]

Oil Production in Spain (2024)

See also: List of countries by Oil Production

• Spain produces 76,947 barrels per day of oil (as of 2024) ranking #53 in the world.
• At 2024 production levels, Spain produces every year about 18.72% of its proven reserves ( 2025).

Oil Imports (2020)

• In 2020, Spain imported 101% of its oil consumption (1,098,599 barrels per day out of 1,088,486 consumed).

History of Oil Consumption and Production