Saudi Arabia's fossil fuels industry select information 2018

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)2,856
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

June 2019

Region

Saudi Arabia

Survey time period

2018

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.

Statistics on "OPEC"

Further Content: You might find this interesting as well

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.