In 2018, Saudi Arabia's proven crude oil reserves amounted to 267 billion barrels. Saudi Arabia is a founding member of the Organization of Petroleum Exporting Countries (OPEC), which was founded in 1960. Saudi Arabia's exports of crude oil amounted to over 7.31 million barrels per day in 2018.
Selected figures about the fossil fuels industry in Saudi Arabia as of 2018
Proven crude oil reserves (in million barrels)
267,026
Crude oil production (in 1,000 barrels per day)
*
10,317.3
Oil demand (in 1,000 barrels per day)
3,104.6
Crude oil exports (in 1,000 barrels per day)
7,371.5
Proven natural gas reserves (in billion cubic meters)
9,069
Marketed production of natural gas (in million cubic meters)
118,000
Output of petroleum products (in 1,000 barrels per day)
2,817.3
Exports of petroleum products (in 1,000 barrels per day)
1,971.2
Value of petroleum exports (in million U.S. dollars)
194,358
Refinery capacity (in 1,000 barrels per calendar day)
*Duration: 12 months, billed annually, single license
Yes, let me download!
...and make my research life easier.
Exclusive Corporate feature
This feature is limited to our corporate solutions.
Please contact us to get started with full access to dossiers, forecasts, studies and international data.
Corporate Account
Statista Accounts:
Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform
You only have access to basic statistics.
Premium Account
Your perfect start with Statista
Instant access to 1m statistics
Download in XLS, PDF & PNG format
Detailed references
$59 / Month *
Corporate Account
Full access
Corporate solution including all features.
* All products require an annual contract.
Prices do not include sales tax.
Statista Accounts:
Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.
OPEC. (June 20, 2019). Selected figures about the fossil fuels industry in Saudi Arabia as of 2018 [Graph]. In Statista. Retrieved January 19, 2020, from https://cdn1.statista.com/statistics/1041551/selected-figures-on-fossil-fuels-in-saudi-arabia/
OPEC. "Selected figures about the fossil fuels industry in Saudi Arabia as of 2018." Chart. June 20, 2019. Statista. Accessed January 19, 2020. https://cdn1.statista.com/statistics/1041551/selected-figures-on-fossil-fuels-in-saudi-arabia/
OPEC. (2019). Selected figures about the fossil fuels industry in Saudi Arabia as of 2018. Statista. Statista Inc.. Accessed: January 19, 2020. https://cdn1.statista.com/statistics/1041551/selected-figures-on-fossil-fuels-in-saudi-arabia/
OPEC. "Selected Figures about The Fossil Fuels Industry in Saudi Arabia as of 2018." Statista, Statista Inc., 20 Jun 2019, https://cdn1.statista.com/statistics/1041551/selected-figures-on-fossil-fuels-in-saudi-arabia/
OPEC, Selected figures about the fossil fuels industry in Saudi Arabia as of 2018 Statista, https://cdn1.statista.com/statistics/1041551/selected-figures-on-fossil-fuels-in-saudi-arabia/ (last visited January 19, 2020)
We use cookies to personalize contents and ads, offer social media features, and analyze access to our website. In your browser settings you can configure or disable this, respectively, and can delete any already placed cookies. For details, please see your browser’s Help section (by pressing F1). Please see our privacy statement for details about how we use data.
