India Oil

Oil Reserves in India (2025)

See also: List of countries by Oil Reserves

India holds 4,980,857,000 barrels of proven oil reserves as of 2025, ranking #23 in the world and accounting for about 0.28% of the world's total oil reserves of 1,765,151,568,000.

India has proven reserves equivalent to 2.4 times its annual consumption levels (based on 2024 data). This means that, without imports, there would be about 2 years of oil left (at 2024 consumption levels and excluding unproven reserves).

History of Oil Reserves in India

Oil Consumption in India (2024)

See also: List of countries by Oil Consumption

• India consumes 5,598,890 barrels per day (B/d) of oil as of the year 2024.
• India ranks #3 in the world for oil consumption, accounting for about 5.46% of the world's total consumption of 102,559,503 barrels per day.
• India consumes 0.16 gallons of oil per capita every day (based on the 2024 population of 1,450,935,791 people), or 59 gallons per capita per year (1 barrels). [1 barrel = 42 US Gallons]

Oil Production in India (2024)

See also: List of countries by Oil Production

• India produces 952,481 barrels per day of oil (as of 2024) ranking #20 in the world.
• At 2024 production levels, India produces every year about 6.98% of its proven reserves ( 2025).

Oil Imports (2018)

• In 2018, India imported 95% of its oil consumption (4,529,952 barrels per day out of 4,765,462 consumed).

History of Oil Consumption and Production