| Barrels | Global Rank | |
|---|---|---|
| Oil Reserves | 2,754,685,000 | #30 in the world |
| Barrels per day | Global Rank | |
|---|---|---|
| Oil Production | 1,083,928 | #19 in the world |
| Oil Consumption | 1,583,896 | #15 in the world |
| Daily Deficit | −499,968 | |
| Oil Imports | 797,631 | |
| Oil Exports | 620,188 | |
| Net Imports | 177,443 |
See also: List of countries by Oil Reserves
the United Kingdom holds 2,754,685,000 barrels of proven oil reserves in the world as of 2016, ranking #30 in the world and accounting for about 0.17% of the world’s total oil reserves of 1,650,585,140,000.
the United Kingdom has proven reserves equivalent to 4.8 times its annual consumption levels. This means that, without imports, there would be about 5 years of oil left (at current consumption levels and excluding unproven reserves).
See also: List of countries by Oil Consumption
the United Kingdom consumes 1,583,896 barrels per day (B/d) of oil as of the year 2016.
the United Kingdom ranks #15 in the world for oil consumption, accounting for about 1.63% of the world’s total consumption of 97,103,871 barrels per day.
the United Kingdom consumes 1.01 gallons of oil per capita every day (based on the 2016 population of 65,893,358 people), or 368 gallons per capita per year (9 barrels). [1 barrel = 42 US Gallons]
See also: List of countries by Oil Production
the United Kingdom produces 1,083,928 barrels per day of oil (as of 2016) ranking #19 in the world.
the United Kingdom produces every year an amount equivalent to 14.36% of its total proven reserves (as of 2016).