Cuba Oil
Production (2025)#69 World
27,702b/d−9.3% YoY
Consumption (2024)#73 World
117,295b/d−0.02% YoY
Daily Deficit (2024)
−86,752b/d
Production covers 26% of consumption.
Consumption
Production
Deficit
Oil Reserves in Cuba
- Cuba has proven oil reserves of 124,000,000 barrels (as reported in 2025) (#67 in the world), representing 0.007% of the world's total.
- As of 2025 production rates, Cuba has roughly 13 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).
Oil Production in Cuba
- Cuba produced 27,702 barrels per day of oil and petroleum liquids in 2025 (#69 in the world), a decrease of 9.3% from 30,542 barrels per day in 2024.
- Of that, 25,463 barrels per day was crude oil in 2025.
- And 3,232.1 barrels per day was natural gas plant liquids (NGPL) in 2025.
Cuba has years with negative refinery gain. Refinery gain (or processing gain) is the volume difference between the refined products output and crude input.
Oil Consumption in Cuba
- Cuba consumed 117,295 barrels per day of oil and petroleum products in 2024 (#73 in the world), a decrease of 0.02% from 2023. This represents 0.11% of the world's total oil consumption.
- Per capita, oil consumption in Cuba averaged 0.45 us gallons per day in 2024 (#116 in the world).
- The largest refined-product categories were Other Refined Products (34%), Residual Fuel Oil (28.3%), and Distillate Fuel Oil (21%).
(Historical) Oil Imports & Exports in Cuba
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 Cuba
- In 2024, Cuba produced approximately 30,542 barrels per day of oil and consumed 117,295 barrels per day , a deficit of 86,752 barrels per day.
Cuba Oil History (1973-2025)
| Reserves | Production | Consumption | Crude Oil Trade (Historical) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 124,000,000 | 67 | 0.01% | 27,702 | −9.3% | 69 | 0.03% | — | — | — | — | — | — | — | — |
| 2024 | 124,000,000 | 67 | 0.01% | 30,542 | −6.3% | 68 | 0.03% | 117,295 | −0.02% | 73 | 0.11% | 0.45 | — | — | — |
| 2023 | 124,000,000 | 67 | 0.01% | 32,607 | −5.8% | 65 | 0.03% | 117,313 | −11.3% | 73 | 0.12% | 0.45 | — | — | — |
| 2022 | 124,000,000 | 69 | 0.01% | 34,600 | −6.1% | 65 | 0.03% | 132,206 | +1.7% | 68 | 0.13% | 0.5 | — | — | — |
| 2021 | 124,000,000 | 67 | 0.01% | 36,830 | −6.7% | 67 | 0.04% | 130,028 | +0.45% | 68 | 0.13% | 0.49 | — | — | — |
| 2020 | — | — | — | 39,468 | −3.7% | 63 | 0.04% | 129,441 | −9.5% | 69 | 0.14% | 0.49 | — | — | — |
| 2019 | 124,000,000 | 65 | 0.01% | 40,969 | −10.9% | 62 | 0.04% | 142,959 | −9.5% | 70 | 0.14% | 0.54 | — | — | — |
| 2018 | 124,000,000 | 68 | 0.01% | 45,990 | −2.2% | 61 | 0.05% | 158,010 | +6.1% | 66 | 0.16% | 0.59 | 48,480 | 0 | 48,480 |
| 2017 | 124,000,000 | 68 | 0.01% | 47,008 | −2.8% | 62 | 0.05% | 148,951 | −14.4% | 68 | 0.15% | 0.56 | 68,320 | 0 | 68,320 |
| 2016 | 124,000,000 | 68 | 0.01% | 48,376 | −10% | 62 | 0.05% | 174,000 | +2.4% | 60 | 0.18% | 0.65 | 74,037 | 0 | 74,037 |
| 2015 | 124,000,000 | 68 | 0.01% | 53,763 | −8.2% | 63 | 0.06% | 170,000 | −3.9% | 60 | 0.18% | 0.63 | 103,168 | 0 | 103,168 |
| 2014 | 124,000,000 | 68 | 0.01% | 58,560 | +1.2% | 61 | 0.06% | 176,958 | +0.74% | 59 | 0.19% | 0.66 | 101,627 | 0 | 101,627 |
| 2013 | 124,000,000 | 68 | 0.01% | 57,855 | −3% | 64 | 0.06% | 175,663 | −5% | 59 | 0.19% | 0.65 | 99,006 | 0 | 99,006 |
| 2012 | 124,000,000 | 67 | 0.01% | 59,615 | −0.17% | 62 | 0.07% | 184,926 | +8.3% | 60 | 0.20% | 0.69 | 98,270 | 0 | 98,270 |
| 2011 | 124,000,000 | 65 | 0.01% | 59,719 | +1.6% | 60 | 0.07% | 170,700 | −9.8% | 61 | 0.19% | 0.63 | 98,005 | 0 | 98,005 |
| 2010 | 124,000,000 | 62 | 0.01% | 58,755 | +20.8% | 60 | 0.07% | 189,203 | +15.5% | 60 | 0.21% | 0.7 | 99,914 | 1,345 | 98,569 |
| 2009 | 124,000,000 | 62 | 0.01% | 48,638 | −7.8% | 64 | 0.06% | 163,759 | +1.1% | 63 | 0.19% | 0.61 | 82,887 | 1,970 | 80,917 |
| 2008 | 124,000,000 | 62 | 0.01% | 52,774 | −0.6% | 62 | 0.06% | 161,974 | +8.2% | 64 | 0.19% | 0.6 | 36,117 | 1,133 | 34,984 |
| 2007 | 124,000,000 | 63 | 0.01% | 53,095 | −0.95% | 60 | 0.06% | 149,754 | −0.96% | 66 | 0.17% | 0.56 | 38,099 | 1,192 | 36,907 |
| 2006 | 750,000,000 | 41 | 0.06% | 53,606 | −1.1% | 61 | 0.06% | 151,200 | −3.3% | 65 | 0.18% | 0.56 | 36,261 | 1,158 | 35,103 |
| 2005 | 750,000,000 | 40 | 0.06% | 54,186 | −10.1% | 59 | 0.06% | 156,437 | −0.82% | 62 | 0.18% | 0.58 | 38,912 | 0 | 38,912 |
| 2004 | 750,000,000 | 39 | 0.06% | 60,283 | −11.5% | 58 | 0.07% | 157,736 | +1.1% | 63 | 0.19% | 0.59 | 34,759 | 0 | 34,759 |
| 2003 | 750,000,000 | 38 | 0.06% | 68,108 | +2.7% | 55 | 0.09% | 156,088 | +2.6% | 62 | 0.19% | 0.58 | 40,555 | 0 | 40,555 |
| 2002 | 750,000,000 | 38 | 0.07% | 66,288 | +20% | 56 | 0.09% | 152,147 | +1.3% | 63 | 0.19% | 0.57 | 26,136 | 73 | 26,063 |
| 2001 | 283,500,000 | 54 | 0.03% | 55,258 | +6.5% | 58 | 0.07% | 150,230 | −4.9% | 63 | 0.19% | 0.57 | 30,306 | 0 | 30,306 |
| 2000 | 283,500,000 | 53 | 0.03% | 51,909 | +33.8% | 58 | 0.07% | 157,958 | −2.9% | 61 | 0.21% | 0.6 | 29,122 | 2,651 | 26,471 |
| 1999 | 283,500,000 | 52 | 0.03% | 38,800 | +26% | 61 | 0.05% | 162,600 | −16% | 57 | 0.22% | 0.62 | 14,155 | 2,191 | 11,964 |
| 1998 | 300,000,000 | 47 | 0.03% | 30,800 | +17.6% | 62 | 0.04% | 193,600 | −3% | 53 | 0.26% | 0.74 | 15,886 | 0 | 15,886 |
| 1997 | 100,000,000 | 62 | 0.01% | 26,200 | +4% | 63 | 0.04% | 199,600 | +4% | 52 | 0.27% | 0.76 | 19,332 | 0 | 19,332 |
| 1996 | 100,000,000 | 57 | 0.01% | 25,200 | +5% | 63 | 0.03% | 192,000 | +2.9% | 53 | 0.27% | 0.74 | 28,910 | 5 | 28,905 |
| 1995 | 100,000,000 | 57 | 0.01% | 24,000 | +13.7% | 64 | 0.03% | 186,600 | +2.5% | 53 | 0.27% | 0.72 | 21,188 | 0 | 21,188 |
| 1994 | 100,000,000 | 56 | 0.01% | 21,100 | +17.9% | 65 | 0.03% | 182,100 | +1.3% | 54 | 0.27% | 0.7 | 24,492 | 0 | 24,492 |
| 1993 | 100,000,000 | 56 | 0.01% | 17,900 | +11.9% | 65 | 0.03% | 179,700 | −0.66% | 53 | 0.27% | 0.7 | 28,804 | 0 | 28,804 |
| 1992 | 100,000,000 | 55 | 0.01% | 16,000 | +77.8% | 66 | 0.02% | 180,900 | −11.5% | 53 | 0.27% | 0.7 | 24,934 | 0 | 24,934 |
| 1991 | 100,000,000 | 54 | 0.01% | 9,000 | −25% | 61 | 0.01% | 204,400 | −6.6% | 44 | 0.31% | 0.8 | 78,107 | 0 | 78,107 |
| 1990 | — | — | — | 12,000 | −7.7% | 59 | 0.02% | 218,800 | −2.7% | 40 | 0.33% | 0.86 | 111,470 | 704 | 110,766 |
| 1989 | — | — | — | 13,000 | +0% | 59 | 0.02% | 224,900 | +1.9% | 39 | 0.34% | 0.9 | 153,987 | 2,056 | 151,931 |
| 1988 | — | — | — | 13,000 | −18.8% | 58 | 0.02% | 220,600 | +0.82% | 37 | 0.34% | 0.89 | 150,205 | 619 | 149,586 |
| 1987 | — | — | — | 16,000 | −5.9% | 57 | 0.03% | 218,800 | −1.7% | 35 | 0.35% | 0.89 | 139,497 | 0 | 139,497 |
| 1986 | — | — | — | 17,000 | +13.3% | 57 | 0.03% | 222,500 | +2.5% | 35 | 0.36% | 0.91 | 130,166 | 0 | 130,166 |
| 1985 | — | — | — | 15,000 | +7.1% | 57 | 0.03% | 217,000 | +1.9% | 36 | 0.36% | 0.9 | 142,183 | 0 | 142,183 |
| 1984 | — | — | — | 14,000 | +7.7% | 57 | 0.02% | 213,000 | +3.4% | 36 | 0.36% | 0.89 | 127,851 | 0 | 127,851 |
| 1983 | — | — | — | 13,000 | +18.2% | 59 | 0.02% | 206,000 | −8% | 38 | 0.35% | 0.87 | 121,242 | 0 | 121,242 |
| 1982 | — | — | — | 11,000 | +22.2% | 57 | 0.02% | 224,000 | +8.2% | 32 | 0.38% | 0.95 | 110,392 | 0 | 110,392 |
| 1981 | — | — | — | 9,000 | +50% | 56 | 0.01% | 207,000 | +2% | 39 | 0.34% | 0.88 | 112,301 | 0 | 112,301 |
| 1980 | — | — | — | 6,000 | — | 58 | 0.01% | 203,000 | — | 38 | 0.32% | 0.87 | 106,469 | 0 | 106,469 |
See also
Sources
- U.S. Energy Information Administration (EIA), International Energy Statistics.
- Oil & Gas Journal