| Barrels | Global Rank | |
|---|---|---|
| Oil Reserves | 13,953,000 | #87 in the world |
| Barrels per day | Global Rank | |
|---|---|---|
| Oil Production | 5,977 | #95 in the world |
| Oil Consumption | 236,249 | #51 in the world |
| Daily Deficit | −230,272 | |
| Oil Imports | 217,657 | |
| Oil Exports | 0 | |
| Net Imports | 217,657 |
See also: List of countries by Oil Reserves
Israel holds 13,953,000 barrels of proven oil reserves in the world as of 2016, ranking #87 in the world and accounting for about 0.00085% of the world’s total oil reserves of 1,650,585,140,000.
Israel has proven reserves equivalent to 0.2 times its annual consumption levels. This means that, without Net Exports, there would be about 0 years of oil left (at current consumption levels and excluding unproven reserves).
See also: List of countries by Oil Consumption
Israel consumes 236,249 barrels per day (B/d) of oil as of the year 2016.
Israel ranks #51 in the world for oil consumption, accounting for about 0.24% of the world’s total consumption of 97,103,871 barrels per day.
Israel consumes 1.21 gallons of oil per capita every day (based on the 2016 population of 8,210,005 people), or 441 gallons per capita per year (11 barrels). [1 barrel = 42 US Gallons]
See also: List of countries by Oil Production
Israel produces 5,977 barrels per day of oil (as of 2016) ranking #95 in the world.
Israel produces every year an amount equivalent to 15.64% of its total proven reserves (as of 2016).