Italy Oil

Summary Table

Barrels Global Rank
Oil Reserves 579,232,000 #47 in the world
Barrels per dayGlobal Rank
Oil Production 150,147 #39 in the world
Oil Consumption 1,236,628 #19 in the world
Daily Deficit −1,086,482
Oil Imports 1,217,209
Oil Exports 16,717
Net Imports 1,200,492
(Data shown in the table is for 2016, the latest year with complete data in all categories)

Oil Reserves in Italy

See also: List of countries by Oil Reserves

Italy holds 579,232,000 barrels of proven oil reserves in the world as of 2016, ranking #47 in the world and accounting for about 0.035% of the world’s total oil reserves of 1,650,585,140,000.

Italy has proven reserves equivalent to 1.3 times its annual consumption levels. This means that, without imports, there would be about 1 years of oil left (at current consumption levels and excluding unproven reserves).


Oil Reserves
579,232,000 barrels
Global Rank: #47 | Share of World: 0.035%
1 years of oil left
(at current consumption levels)

History of Oil Reserves in Italy


Oil Consumption in Italy

See also: List of countries by Oil Consumption

  • Italy consumes 1,236,628 barrels per day (B/d) of oil as of the year 2016.

  • Italy ranks #19 in the world for oil consumption, accounting for about 1.27% of the world’s total consumption of 97,103,871 barrels per day.

  • Italy consumes 0.86 gallons of oil per capita every day (based on the 2016 population of 60,478,107 people), or 313 gallons per capita per year (7 barrels). [1 barrel = 42 US Gallons]

Oil Production in Italy

See also: List of countries by Oil Production

  • Italy produces 150,147 barrels per day of oil (as of 2016) ranking #39 in the world.

  • Italy produces every year an amount equivalent to 9.46% of its total proven reserves (as of 2016).

Oil Imports

  • Italy imports 97% of its oil consumption (1,200,492 barrels per day in 2016).

History of Oil Consumption and Production


See also

Sources