Australia Oil
Production (2025)#32 World
363,369b/d−7.6% YoY
Consumption (2025)#21 World
1,150,337b/d+0.43% YoY
Daily Deficit (2025)
−786,968b/d
Production covers 31.6% of consumption.
Consumption
Production
Deficit
Oil Reserves in Australia
- Australia has proven oil reserves of 1,803,000,000 barrels (as reported in 2025) (#37 in the world), representing 0.1% of the world's total.
- As of 2025 production rates, Australia has roughly 20 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).
Oil Production in Australia
- Australia produced 363,369 barrels per day of oil and petroleum liquids in 2025 (#32 in the world), a decrease of 7.6% from 393,075 barrels per day in 2024.
- Of that, 245,583 barrels per day was crude oil in 2025.
- And 94,060 barrels per day was natural gas plant liquids (NGPL) in 2025.
Oil Consumption in Australia
- Australia consumed 1,150,337 barrels per day of oil and petroleum products in 2025 (#21 in the world), an increase of 0.43% from 2024. This represents about 1.1% of the world's total oil consumption.
- Per capita, oil consumption in Australia averaged 1.79 us gallons per day in 2025 (#35 in the world).
- The largest refined-product categories were Distillate Fuel Oil (49.5%), Motor Gasoline (23.3%), and Jet Fuel (15.1%).
(Historical) Oil Imports & Exports in Australia
EIA has stopped publishing oil trade data. Imports and exports data shown here are historical and may not reflect current trends.
Imports and exports data cover crude oil and lease condensate only, and do not include other petroleum liquids such as natural gas plant liquids (NGPL) or refined products.
oil Balance in Australia
- In 2025, Australia produced approximately 363,369 barrels per day of oil and consumed 1,150,337 barrels per day , a deficit of 786,968 barrels per day.
Australia Oil History (1973-2025)
| Reserves | Production | Consumption | Crude Oil Trade (Historical) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1,803,000,000 | 37 | 0.10% | 363,369 | −7.6% | 32 | 0.34% | 1,150,337 | +0.43% | 12 | — | 1.79 | — | — | — |
| 2024 | 1,803,000,000 | 37 | 0.10% | 393,075 | −3% | 32 | 0.38% | 1,145,393 | +2.6% | 20 | 1.1% | 1.8 | — | — | — |
| 2023 | 1,803,000,000 | 37 | 0.10% | 405,277 | −7.1% | 31 | 0.40% | 1,115,942 | +5% | 20 | 1.1% | 1.77 | — | — | — |
| 2022 | 1,803,000,000 | 38 | 0.10% | 436,041 | −5.2% | 30 | 0.43% | 1,062,485 | +4.8% | 20 | 1.1% | 1.7 | — | — | — |
| 2021 | 2,446,000,000 | 35 | 0.14% | 460,134 | −3.2% | 31 | 0.48% | 1,013,411 | +2.4% | 21 | 1.0% | 1.64 | — | — | — |
| 2020 | — | — | — | 475,173 | −0.03% | 30 | 0.51% | 989,732 | −13.7% | 21 | 1.1% | 1.61 | 236,663 | 251,824 | −15,161 |
| 2019 | 2,446,000,000 | 33 | 0.15% | 475,310 | +30.3% | 31 | 0.47% | 1,147,167 | −1.5% | 20 | 1.1% | 1.89 | 335,516 | 266,401 | 69,115 |
| 2018 | 2,446,000,000 | 33 | 0.15% | 364,669 | +8.2% | 31 | 0.36% | 1,164,227 | +1.7% | 20 | 1.2% | 1.95 | 356,870 | 197,718 | 159,152 |
| 2017 | 1,821,000,000 | 36 | 0.11% | 336,952 | −8.2% | 31 | 0.34% | 1,144,337 | +4.5% | 20 | 1.1% | 1.94 | 322,241 | 195,820 | 126,421 |
| 2016 | 1,193,000,000 | 38 | 0.07% | 367,108 | −7.4% | 31 | 0.38% | 1,094,978 | −0.78% | 20 | 1.1% | 1.89 | 308,553 | 215,426 | 93,127 |
| 2015 | 1,193,000,000 | 38 | 0.07% | 396,464 | −10.2% | 31 | 0.41% | 1,103,584 | −1.3% | 20 | 1.2% | 1.94 | 392,670 | 230,267 | 162,403 |
| 2014 | 1,433,250,000 | 38 | 0.09% | 441,420 | +3.8% | 31 | 0.47% | 1,117,578 | −1.8% | 20 | 1.2% | 1.99 | 440,888 | 224,109 | 216,779 |
| 2013 | 1,433,250,000 | 38 | 0.09% | 425,405 | −15.1% | 31 | 0.47% | 1,137,789 | +1.2% | 20 | 1.2% | 2.06 | 471,438 | 236,547 | 234,891 |
| 2012 | 1,425,660,000 | 37 | 0.09% | 500,805 | −1.5% | 30 | 0.55% | 1,124,358 | +2.6% | 20 | 1.2% | 2.07 | 469,989 | 262,199 | 207,790 |
| 2011 | 3,318,000,000 | 28 | 0.22% | 508,240 | −13.1% | 29 | 0.57% | 1,095,504 | +4.5% | 20 | 1.2% | 2.05 | 505,703 | 299,363 | 206,340 |
| 2010 | 3,318,000,000 | 28 | 0.24% | 584,910 | +1.6% | 29 | 0.67% | 1,047,874 | +4.3% | 21 | 1.2% | 1.99 | 426,955 | 275,840 | 151,115 |
| 2009 | 1,500,000,000 | 34 | 0.11% | 575,878 | +1.1% | 29 | 0.67% | 1,004,614 | +0.94% | 20 | 1.2% | 1.94 | 384,593 | 252,458 | 132,135 |
| 2008 | 1,500,000,000 | 35 | 0.11% | 569,502 | +0.35% | 29 | 0.66% | 995,238 | +0.76% | 20 | 1.1% | 1.96 | 410,988 | 234,672 | 176,316 |
| 2007 | 1,591,790,000 | 34 | 0.12% | 567,526 | +1.2% | 28 | 0.66% | 987,723 | +1.8% | 22 | 1.1% | 1.98 | 397,334 | 236,203 | 161,131 |
| 2006 | 1,437,000,000 | 35 | 0.11% | 560,697 | −3.4% | 28 | 0.66% | 970,214 | +1% | 21 | 1.1% | 1.98 | 380,353 | 189,984 | 190,369 |
| 2005 | 1,491,000,000 | 34 | 0.12% | 580,600 | +1.3% | 27 | 0.69% | 960,521 | +2.1% | 21 | 1.1% | 1.99 | 405,249 | 229,964 | 175,285 |
| 2004 | 3,500,000,000 | 28 | 0.28% | 573,159 | −12% | 27 | 0.69% | 941,175 | +1.7% | 21 | 1.1% | 1.97 | 361,613 | 261,232 | 100,381 |
| 2003 | 3,500,000,000 | 28 | 0.29% | 650,989 | −13.7% | 27 | 0.81% | 925,625 | +3.7% | 20 | 1.2% | 1.96 | 409,530 | 314,103 | 95,427 |
| 2002 | 3,500,000,000 | 25 | 0.34% | 753,920 | −2.7% | 26 | 0.98% | 892,422 | +2.4% | 20 | 1.1% | 1.91 | 427,097 | 386,228 | 40,869 |
| 2001 | 2,895,000,000 | 28 | 0.28% | 775,030 | −7.5% | 24 | 1.0% | 871,529 | −0.1% | 20 | 1.1% | 1.89 | 427,117 | 392,145 | 34,972 |
| 2000 | 2,895,000,000 | 27 | 0.28% | 837,939 | +28.4% | 22 | 1.1% | 872,429 | −0.28% | 19 | 1.1% | 1.92 | 405,511 | 308,855 | 96,656 |
| 1999 | 2,895,000,000 | 27 | 0.28% | 652,762 | −1.3% | 27 | 0.88% | 874,858 | +2.6% | 19 | 1.2% | 1.94 | 452,720 | 200,020 | 252,700 |
| 1998 | 1,800,000,000 | 32 | 0.18% | 661,069 | −3.7% | 27 | 0.88% | 852,458 | +0.55% | 19 | 1.2% | 1.91 | 359,535 | 213,043 | 146,492 |
| 1997 | 1,800,000,000 | 31 | 0.18% | 686,159 | +7.1% | 26 | 0.92% | 847,764 | +2% | 19 | 1.2% | 1.92 | 358,808 | 179,020 | 179,788 |
| 1996 | 1,600,000,000 | 29 | 0.17% | 640,485 | +4.5% | 25 | 0.89% | 831,366 | +2.5% | 19 | 1.2% | 1.91 | 302,089 | 162,281 | 139,808 |
| 1995 | 1,600,000,000 | 29 | 0.17% | 612,914 | −3.8% | 25 | 0.87% | 810,923 | +2.9% | 18 | 1.2% | 1.88 | 270,873 | 175,749 | 95,124 |
| 1994 | 1,600,000,000 | 29 | 0.17% | 637,297 | +7.4% | 23 | 0.92% | 788,044 | +3.6% | 18 | 1.2% | 1.85 | 256,961 | 144,432 | 112,529 |
| 1993 | 1,800,000,000 | 25 | 0.19% | 593,188 | −1.3% | 22 | 0.89% | 761,014 | +4.3% | 19 | 1.1% | 1.8 | 210,903 | 157,738 | 53,165 |
| 1992 | 1,500,000,000 | 30 | 0.16% | 600,730 | −1.4% | 21 | 0.90% | 729,661 | +1.3% | 19 | 1.1% | 1.75 | 160,690 | 141,661 | 19,029 |
| 1991 | 1,600,000,000 | 29 | 0.16% | 608,962 | −5.3% | 20 | 0.92% | 720,600 | −2.4% | 17 | 1.1% | 1.74 | 129,773 | 145,583 | −15,810 |
| 1990 | 1,700,000,000 | 28 | 0.17% | 642,978 | +15.7% | 21 | 0.97% | 737,959 | +2.1% | 16 | 1.1% | 1.81 | 121,938 | 107,986 | 13,952 |
| 1989 | 1,700,000,000 | 28 | 0.19% | 555,874 | −5.7% | 22 | 0.85% | 722,885 | +4.1% | 15 | 1.1% | 1.8 | 140,252 | 75,194 | 65,058 |
| 1988 | 1,700,000,000 | 26 | 0.19% | 589,369 | −5.7% | 20 | 0.92% | 694,339 | +5% | 16 | 1.1% | 1.76 | 112,523 | 102,515 | 10,008 |
| 1987 | 1,700,000,000 | 25 | 0.24% | 624,912 | +7.2% | 19 | 1.0% | 661,058 | +2.6% | 15 | 1.0% | 1.7 | 72,973 | 88,884 | −15,911 |
| 1986 | 1,400,000,000 | 28 | 0.20% | 582,775 | −4.2% | 20 | 0.95% | 644,184 | +0.87% | 15 | 1.0% | 1.68 | 50,278 | 81,595 | −31,317 |
| 1985 | 1,400,000,000 | 27 | 0.20% | 608,249 | +8.2% | 19 | 1.0% | 638,630 | +0.56% | 14 | 1.1% | 1.69 | 70,510 | 88,925 | −18,415 |
| 1984 | 1,600,000,000 | 27 | 0.24% | 562,284 | +15% | 19 | 0.94% | 635,057 | +6.9% | 14 | 1.1% | 1.71 | 91,823 | 16,250 | 75,573 |
| 1983 | 1,600,000,000 | 26 | 0.24% | 489,000 | +10.1% | 19 | 0.84% | 594,000 | −3.6% | 15 | 1.0% | 1.62 | 152,509 | 0 | 152,509 |
| 1982 | 1,700,000,000 | 24 | 0.25% | 444,000 | −6.3% | 19 | 0.76% | 616,000 | +5.5% | 15 | 1.0% | 1.7 | 164,826 | 0 | 164,826 |
| 1981 | 2,400,000,000 | 22 | 0.37% | 474,000 | +3% | 19 | 0.78% | 584,000 | −1.7% | 14 | 0.96% | 1.64 | 149,601 | 0 | 149,601 |
| 1980 | 2,100,000,000 | 24 | 0.33% | 460,000 | — | 20 | 0.72% | 594,400 | — | 14 | 0.94% | 1.7 | 189,345 | 0 | 189,345 |
See also
Sources
- U.S. Energy Information Administration (EIA), International Energy Statistics.
- Oil & Gas Journal