United Kingdom Oil

Summary Table

Oil Reserves (2025)

Barrels Global Rank
Oil Reserves 1,500,000,000 #39 in the world

Production & Consumption (2024)

Barrels per day Global Rank
Oil Production 738,801 #25 in the world
Oil Consumption 1,395,410 #16 in the world
Daily Deficit -656,609

Trade Data (2020)

Oil Imports 58% of consumption
Oil Exports 66% of production
Net Exports 1% of production

Oil Reserves in the United Kingdom (2025)

See also: List of countries by Oil Reserves

the United Kingdom holds 1,500,000,000 barrels of proven oil reserves as of 2025, ranking #39 in the world and accounting for about 0.085% of the world's total oil reserves of 1,765,151,568,000.

the United Kingdom has proven reserves equivalent to 2.9 times its annual consumption levels (based on 2024 data). This means that, without net exports, there would be about 3 years of oil left (at 2024 consumption levels and excluding unproven reserves).


Oil Reserves
1,500,000,000 barrels
Global Rank: #39 | Share of World: 0.085%
3 years of oil left
(at 2024 consumption levels)

History of Oil Reserves in the United Kingdom


Oil Consumption in the United Kingdom (2024)

See also: List of countries by Oil Consumption

  • the United Kingdom consumes 1,395,410 barrels per day (B/d) of oil as of the year 2024.
  • the United Kingdom ranks #16 in the world for oil consumption, accounting for about 1.36% of the world's total consumption of 102,559,503 barrels per day.
  • the United Kingdom consumes 0.85 gallons of oil per capita every day (based on the 2024 population of 69,138,192 people), or 309 gallons per capita per year (7 barrels). [1 barrel = 42 US Gallons]

Oil Production in the United Kingdom (2024)

See also: List of countries by Oil Production

  • the United Kingdom produces 738,801 barrels per day of oil (as of 2024) ranking #25 in the world.
  • At 2024 production levels, the United Kingdom produces every year about 17.98% of its proven reserves ( 2025).

Oil Exports (2020)

  • In 2020, the United Kingdom exported 1% of its oil production (15,541 barrels per day out of 1,098,072 produced).

History of Oil Consumption and Production


See also

Sources