India Oil

4,980,857,000barrels
0.28%
of world reserves
at current production
990,278b/d+5.5% YoY
5,598,890b/d+4% YoY
Daily Deficit (2024)
4,660,248b/d

Production covers 16.8% of consumption.

Consumption
Production
Deficit

Oil Reserves in India

  • India has proven oil reserves of 4,980,857,000 barrels (as reported in 2025) (#23 in the world), representing 0.28% of the world's total.
  • As of 2025 production rates, India has roughly 24 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).

India Proven Oil Reserves (1980-2025)

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Oil Production in India

  • India produced 990,278 barrels per day of oil and petroleum liquids in 2025 (#21 in the world), an increase of 5.5% from 938,642 barrels per day in 2024.
  • Of that, 580,600 barrels per day was crude oil in 2025.
  • And 110,560 barrels per day was natural gas plant liquids (NGPL) in 2025.

India Oil Production (1984-2025)

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Oil Consumption in India

  • India consumed 5,598,890 barrels per day of oil and petroleum products in 2024 (#3 in the world), an increase of 4% from 2023. This represents 5.4% of the world's total oil consumption.
  • Per capita, oil consumption in India averaged 0.16 us gallons per day in 2024 (#160 in the world).
  • The largest refined-product categories were Distillate Fuel Oil (33.6%), Other Refined Products (26.6%), and Liquefied Petroleum Gases (17.7%).

India Oil Consumption (1980-2025)

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India Per Capita Oil Consumption vs World Average (1980-2024)

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India Refined-Product Consumption Mix (2024)

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(Historical) Oil Imports & Exports in India

EIA has stopped publishing oil trade data. Imports and exports data shown here are historical and may not reflect current trends.

India Crude Oil Trade Balance (1980-2018)

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Imports and exports data cover crude oil and lease condensate only, and do not include other petroleum liquids such as natural gas plant liquids (NGPL) or refined products.

oil Balance in India

  • In 2024, India produced approximately 938,642 barrels per day and consumed 5,598,890 barrels per day of oil, a deficit of 4,660,248 barrels per day.

India Oil History (1973-2025)

ReservesProductionConsumptionCrude Oil Trade (Historical)
20254,980,857,000230.28%990,278+5.5%210.93%
20244,849,168,800240.28%938,642+1.2%200.91%5,598,890+4%35.4%0.61
20234,369,735,000250.25%927,332+1%200.91%5,383,853+4.9%35.3%0.6
20224,488,998,000250.26%918,179+1.8%200.91%5,131,332+8.6%35.1%0.57
20214,604,914,000240.27%902,225−0.31%210.94%4,726,164+3.7%34.9%0.53
2020905,034−5.4%200.96%4,556,204−7.4%35%0.52
20194,423,006,000240.26%957,070−2.9%210.95%4,920,122+3.2%34.9%0.56
20184,494,504,000240.27%985,685−2%220.98%4,765,462+5.2%34.8%0.554,529,95204,529,952
20174,622,323,000240.28%1,006,077+0.55%201%4,531,197+7%34.5%0.534,408,66004,408,660
20164,728,790,000240.29%1,000,551−1.4%211%4,233,000+10%34.4%0.54,266,95004,266,950
20155,674,786,000210.34%1,014,663+0.58%201%3,848,000+8.4%44%0.463,927,4701,3103,926,160
20145,642,794,000220.34%1,008,839+0.16%201.1%3,550,000+3.7%53.8%0.433,785,3907093,784,681
20135,476,138,000220.33%1,007,268−0.35%211.1%3,423,000+0.74%43.7%0.423,857,34453,857,339
20125,606,350,000210.37%1,010,808+0.02%201.1%3,398,000+5.5%43.7%0.423,746,2202,3043,743,916
20115,682,000,000210.39%1,010,629+4.8%201.1%3,221,000+2.5%43.6%0.413,365,5984183,365,180
20105,624,640,000220.41%964,535+7.8%231.1%3,141,967+4.1%43.5%0.43,039,9409393,039,001
20095,624,640,000210.42%894,488+0.54%231%3,019,286+2.3%43.5%0.392,812,4901092,812,381
20085,624,640,000210.42%889,708−0.43%221%2,949,981+3.4%43.4%0.392,515,6701,1492,514,521
20075,624,640,000210.43%893,556+3.1%221%2,853,349+7.5%43.3%0.382,480,1092,8362,477,273
20065,847,840,000200.45%866,693+4.1%221%2,654,001+7.6%53.1%0.362,272,8084,1532,268,655
20055,416,870,000210.42%832,513−2.4%220.98%2,465,435−0.44%62.9%0.342,026,3094,0912,022,218
20045,371,200,000220.42%852,787+3%231%2,476,343+5.1%63%0.351,954,1111,8961,952,215
20035,367,173,000220.44%827,915+0.06%231%2,355,915+4.4%62.9%0.341,843,3671,8071,841,560
20024,840,150,000230.47%827,438+2.5%241.1%2,256,178+3.9%62.9%0.331,671,22841,671,224
20014,727,850,000220.46%807,241+0.44%231.1%2,171,996−0.29%72.8%0.321,604,3093,5461,600,763
20004,837,800,000220.48%803,678+1.3%231.1%2,178,337+11.1%72.8%0.331,510,3612,0591,508,302
19993,971,993,000230.38%793,030+1.7%231.1%1,960,000+11.5%102.6%0.31,178,2725711,177,701
19984,300,000,000220.42%779,608−3.5%221%1,758,000−0.45%132.4%0.27811,429524810,905
19974,300,000,000220.42%807,727+3.4%221.1%1,766,000+5.1%132.4%0.28703,1111,834701,277
19965,800,000,000140.61%781,012−5.3%211.1%1,681,000+6.8%132.3%0.27691,125588690,537
19955,800,000,000150.61%824,660+10.4%191.2%1,574,000+11.3%132.3%0.26557,327423556,904
19945,900,000,000150.63%746,661+33.9%191.1%1,414,000+7.8%132.1%0.24557,4701,016556,454
19936,000,000,000150.64%557,485−5%240.83%1,312,000+3%132%0.23628,2622,127626,135
19926,100,000,000150.65%587,066−10.6%230.88%1,274,000+6.9%131.9%0.22596,1581,692594,466
19918,000,000,000140.8%656,548−5%180.99%1,192,000+2%121.8%0.21489,0831,018488,065
19907,500,000,000150.75%691,159−2.2%181%1,169,000+1.7%101.8%0.21421,9191,789420,130
19896,400,000,000160.7%706,995+6.7%181.1%1,150,000+6.1%101.7%0.22397,276420396,856
19884,300,000,000180.48%662,563+5.2%181%1,084,000+9.6%101.7%0.21363,1330363,133
19874,200,000,000170.6%630,000−2.9%181%989,000+4.4%101.6%0.19361,4820361,482
19863,700,000,000190.53%649,000+4.8%181.1%947,000+5.8%111.5%0.19315,4560315,456
19853,500,000,000170.5%619,151+7.4%181%895,000+8.6%111.5%0.18308,6890308,689
19843,500,000,000180.52%576,380+18.8%180.97%824,000+6.6%121.4%0.17278,0730278,073
19833,400,000,000170.51%485,000+22.8%200.84%773,000+4.9%131.3%0.17325,4640325,464
19822,700,000,000210.4%395,000+20.1%200.68%737,000+1.1%111.2%0.16345,4810345,481
19812,600,000,000200.4%329,000+76.9%210.54%729,000+13.4%121.2%0.16311,8280311,828
19802,600,000,000200.41%186,000290.29%643,000121%0.15331,1920331,192

See also

Sources