China Oil
Summary Table
| | Barrels | Global Rank |
| 25,132,122,000 | 14th in the world |
| | Barrels per Day | Global Rank |
| 4,905,071 | 4th in the world |
| 12,791,553 | 2nd in the world |
Daily Deficit | -7,886,482 | |
Oil Imports | 7,620,760 | |
Oil Exports | 58,812 | |
| 7,561,948 | |
(Data shown is for 2016, the latest year with complete data in all categoreies)Oil Reserves in China
See also: List of countries by Oil Reserves
China holds 25,132,122,000 barrels of proven oil reserves as of 2016, ranking 14th in the world and accounting for about
1.5% of the world's total oil reserves of 1,650,585,140,000 barrels.
China has proven reserves equivalent to 5.4 times its annual consumption. This means that, without imports, there would be about 5 years of oil left (at current consumption levels and excluding unproven reserves).
Oil Reserves
25,132,122,000 barrels Global Rank:
14th | Share of World:
1.52 %5 years of oil left
(at current consumption levels)
History of Oil Reserves in China
Oil Consumption in China
See also: List of countries by Oil Consumption
- China consumes 12,791,553 barrels per day (B/d) of oil as of the year 2016.
- China ranks 2nd in the world for oil consumption, accounting for about 13.2% of the world's total consumption of 97,103,871 barrels per day.
- China consumes 0.38 gallons of oil per capita every day (based on the 2016 population of 1,401,889,681 people), or 140 gallons per capita per year (3 barrels). [1 barrel = 42 US Gallons]
Oil Production in China
See also: List of countries by Oil Production
- China produces
4,905,070.87 barrels per day of oil (as of 2016) ranking 4th in the world.
- China produces every year an amount equivalent to 7.1% of its total proven reserves (as of 2016).
Oil Imports
- China imports 59% of its oil consumption (7,561,948 barrels per day in 2016).
History of Oil Consumption and Production
See also
Sources
