Iran Oil

208,600,000,000barrels
11.8%
of world reserves
at current production
4,768,756b/d+3.1% YoY
1,998,961b/d+0.58% YoY
Daily Surplus (2024)
+2,627,772b/d

Consumption uses 43.2% of production.

Production
Consumption
Surplus

Oil Reserves in Iran

  • Iran has proven oil reserves of 208,600,000,000 barrels (as reported in 2025) (#3 in the world), representing 11.8% of the world's total.
  • As of 2025 production rates, Iran has roughly 141 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).

Oil Production in Iran

  • Iran produced 4,768,756 barrels per day of oil and petroleum liquids in 2025 (#6 in the world), an increase of 3.1% from 4,626,733 barrels per day in 2024.
  • Of that, 4,051,425 barrels per day was crude oil in 2025.
  • And 710,000 barrels per day was natural gas plant liquids (NGPL) in 2025.

Iran 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 Iran

  • Iran consumed 1,998,961 barrels per day of oil and petroleum products in 2024 (#11 in the world), an increase of 0.58% from 2023. This represents 1.9% of the world's total oil consumption.
  • Per capita, oil consumption in Iran averaged 0.92 us gallons per day in 2024 (#71 in the world).
  • The largest refined-product categories were Distillate Fuel Oil (34.5%), Motor Gasoline (28.5%), and Other Refined Products (22%).

(Historical) Oil Imports & Exports in Iran

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 Iran

  • In 2024, Iran produced approximately 4,626,733 barrels per day of oil and consumed 1,998,961 barrels per day , a surplus of 2,627,772 barrels per day.

Iran Oil History (1973-2025)

ReservesProductionConsumptionCrude Oil Trade (Historical)
2025208,600,000,000311.8%4,768,756+3.1%64.5%————————
2024208,600,000,000311.8%4,626,733+12.3%64.5%1,998,961+0.58%111.9%0.92———
2023208,600,000,000311.9%4,119,434+11.9%94.0%1,987,381−1.7%112.0%0.92———
2022208,600,000,000312.0%3,682,840+5.7%93.7%2,021,511+0.6%112.0%0.95———
2021208,600,000,000312.1%3,483,969+15.9%93.6%2,009,456+7.9%112.1%0.95———
2020———3,005,474−11.6%93.2%1,861,782−10.2%112.0%0.89———
2019155,600,000,00049.3%3,400,320−27.8%93.4%2,074,321+3.4%112.1%1———
2018157,200,000,00049.4%4,711,351−4.8%64.7%2,007,083+5.4%112.0%0.9833,5422,230,938−2,197,396
2017158,400,000,00049.6%4,949,401+11.5%45.0%1,903,931+4.3%121.9%0.9434,8252,530,531−2,495,706
2016157,530,000,00049.5%4,438,250+24.8%74.6%1,825,897−7.3%121.9%0.9133,9892,312,779−2,278,790
2015157,800,000,00049.5%3,555,552+2%83.7%1,969,906+1.2%122.1%13,7101,112,751−1,109,041
2014157,300,000,00049.5%3,486,823+3.9%73.7%1,945,953+2.2%122.1%16,4131,084,300−1,077,887
2013154,580,000,00049.4%3,354,365−6.7%73.7%1,903,254+8.3%122.1%0.9901,086,400−1,086,400
2012151,170,000,00049.9%3,594,788−15.7%64.0%1,757,264+5.5%141.9%0.931,1031,455,292−1,454,189
2011137,010,000,00049.3%4,266,265−0.13%54.8%1,666,019−1%131.9%0.893,5702,328,156−2,324,586
2010137,620,000,000310.1%4,271,964+2.3%54.9%1,682,869−6.2%131.9%0.9110,0622,269,040−2,258,978
2009136,150,000,000310.2%4,177,604+0.0029%54.9%1,794,964+3.8%132.1%0.9919,2662,235,421−2,216,155
2008138,400,000,000310.4%4,177,481−4.3%44.8%1,728,966+0.38%142.0%0.9624,5622,412,007−2,387,445
2007136,270,000,000310.3%4,365,407+2.5%45.1%1,722,348+2.6%152.0%0.9767,9232,492,400−2,424,477
2006132,460,000,000310.3%4,260,255+1.5%45.0%1,678,573+7.7%152.0%0.9679,1702,512,404−2,433,234
2005125,800,000,00039.8%4,198,720+1.3%45.0%1,558,422+4.6%161.8%0.9142,9152,400,327−2,357,412
2004125,800,000,00039.9%4,143,413+4.8%45.0%1,490,003+5.4%161.8%0.8938,6712,577,479−2,538,808
200389,700,000,00067.4%3,953,979+12.9%44.9%1,413,798+3.3%161.8%0.8633,6092,493,280−2,459,671
200289,700,000,00058.7%3,503,311−7.1%54.6%1,369,125+0.09%161.7%0.857,9242,106,361−2,098,437
200189,700,000,00058.7%3,771,314+0.47%44.9%1,367,833+5.2%161.8%0.855,5182,149,779−2,144,261
200089,700,000,00058.8%3,753,785+5.4%44.9%1,300,832+18.9%161.7%0.8212,5252,389,610−2,377,085
199989,700,000,00058.7%3,561,151−3.7%44.8%1,093,700−10.2%161.4%0.78,4172,147,811−2,139,394
199893,000,000,00059.1%3,699,611+0.94%44.9%1,218,000−0.25%161.6%0.794,6922,348,576−2,343,884
199793,000,000,00059.1%3,665,149−1.5%44.9%1,221,000+9.1%161.7%0.811,3462,402,453−2,401,107
199688,000,000,00059.2%3,719,964+0.35%45.2%1,119,000−1.8%161.6%0.751,3092,527,227−2,525,918
199589,000,000,00059.4%3,707,112+1.2%45.3%1,140,000+0.97%161.6%0.771442,536,792−2,536,648
199493,000,000,00059.9%3,661,788−0.9%45.3%1,129,000+1.9%151.7%0.7702,541,470−2,541,470
199393,000,000,00059.9%3,694,967+6.2%45.5%1,108,000+2.2%151.7%0.7602,652,412−2,652,412
199293,000,000,000510.0%3,480,410+3.8%45.2%1,084,000+0.84%161.6%0.7402,583,068−2,583,068
199193,000,000,00059.3%3,351,973+7.3%35.1%1,075,000+7.3%151.6%0.7502,431,138−2,431,138
199093,000,000,00059.3%3,122,808+10.2%34.7%1,002,000+3.8%141.5%0.7202,209,041−2,209,041
198993,000,000,000510.2%2,834,874+25.2%54.3%965,000+10.9%121.5%0.7102,078,197−2,078,197
198893,000,000,000510.5%2,265,030−2.5%73.5%870,200+0.72%131.3%0.6601,761,505−1,761,505
198749,000,000,00047.0%2,323,058+12.8%63.7%864,000+4.1%131.4%0.6801,710,000−1,710,000
198648,000,000,00046.9%2,059,986−9.5%63.3%830,000+5.1%131.3%0.6801,454,000−1,454,000
198549,000,000,00037.0%2,275,474+4.2%63.8%790,000+3.3%131.3%0.6701,545,147−1,545,147
198451,000,000,00037.6%2,183,224−10.5%63.7%765,000−2.5%131.3%0.6701,512,205−1,512,205
198355,000,000,00038.3%2,439,756+10.2%44.2%785,000+18.9%121.3%0.7201,811,296−1,811,296
198257,000,000,00038.5%2,213,838+60.4%43.8%660,000+13.8%131.1%0.6301,623,200−1,623,200
198158,000,000,00038.9%1,379,956−17%102.3%580,000−1.7%150.95%0.580714,600−714,600
198058,000,000,00039.0%1,661,967−47.5%102.6%590,000—150.93%0.620796,700−796,700
1979———3,168,068−39.6%45.6%————————
1978———5,241,882−7.4%39.7%————————
1977———5,662,904−3.7%310.5%————————
1976———5,883,066+10%311.4%————————
1975———5,349,890−11.2%311.2%————————
1974———6,021,879+2.7%312.0%————————
1973———5,861,433—311.6%————————

See also

Sources