Portugal Oil

12,375b/d+0.1% YoY
218,477b/d−0.0044% YoY
Daily Deficit (2025)
−206,102b/d

Production covers 5.7% of consumption.

Consumption
Production
Deficit

Oil Reserves in Portugal

Oil Production in Portugal

  • Portugal produced 12,375 barrels per day of oil and petroleum liquids in 2025 (#88 in the world), an increase of 0.1% from 12,363 barrels per day in 2024.
  • Of that, 0 barrels per day was crude oil in 2025.
  • And 0 barrels per day was natural gas plant liquids (NGPL) in 2025.

Oil Consumption in Portugal

  • Portugal consumed 218,477 barrels per day of oil and petroleum products in 2025 (#56 in the world), a decrease of 0.0044% from 2024. This represents about 0.21% of the world's total oil consumption.
  • Per capita, oil consumption in Portugal averaged 0.88 us gallons per day in 2025 (#75 in the world).
  • The largest refined-product categories were Distillate Fuel Oil (47.5%), Jet Fuel (18.3%), and Motor Gasoline (14.2%).

(Historical) Oil Imports & Exports in Portugal

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 Portugal

  • In 2025, Portugal produced approximately 12,375 barrels per day of oil and consumed 218,477 barrels per day , a deficit of 206,102 barrels per day.

Portugal Oil History (1973-2025)

ReservesProductionConsumptionCrude Oil Trade (Historical)
2025———12,375+0.1%880.01%218,477−0.0044%22—0.88———
2024———12,363+0.008%900.01%218,486−3.8%570.21%0.88———
2023———12,362+0.85%890.01%227,096−2.6%540.22%0.91———
2022———12,257−0.48%890.01%233,142+10%490.23%0.94———
2021———12,317+3.1%890.01%212,030+4.5%540.22%0.86———
2020———11,951+6.9%910.01%202,888−18.5%510.22%0.82210,9880210,988
2019———11,177−2.7%910.01%249,077+7.6%500.25%1.01227,0030227,003
2018———11,492−0.13%910.01%231,504−4.3%530.23%0.94255,4460255,446
20170——11,506+8.8%920.01%241,899+2%500.24%0.98286,5420286,542
20160——10,580−2.3%930.01%237,139−0.09%510.24%0.96276,4960276,496
20150——10,831−1.6%930.01%237,348+1.7%490.25%0.96282,0590282,059
20140——11,004+0.25%910.01%233,463−0.3%510.25%0.94212,8820212,882
20130——10,977+26.4%900.01%234,162+1.7%510.25%0.94246,5210246,521
20120——8,686.1−20.2%950.01%230,251−10.2%520.25%0.92222,6710222,671
20110——10,889+7.3%890.01%256,356−6.3%490.29%1.02208,8640208,864
20100——10,144+110.4%890.01%273,663−0.87%470.31%1.09225,4610225,461
20090——4,821.7−34.2%970.01%276,068−5.6%450.32%1.1207,3290207,329
20080——7,323.1+33.3%920.01%292,579−5%440.34%1.16243,3110243,311
20070——5,494.6+4.6%940.01%307,995+1.7%410.35%1.23249,0660249,066
20060——5,252.7+29.6%950.01%302,737−10.1%400.35%1.21269,8830269,883
20050——4,052+5.3%91< 0.01%336,918+2.7%360.40%1.35265,8050265,805
20040——3,849−15.2%93< 0.01%327,959+0.61%370.39%1.31257,1240257,124
20030——4,537.2+21.1%890.01%325,984−5%360.41%1.31257,1020257,102
20020——3,745.3−3.6%88< 0.01%343,162+2.8%360.44%1.38228,9140228,914
20010——3,885.4+61.3%860.01%333,874+0.35%370.43%1.35254,7600254,760
20000——2,408.9−22.3%87< 0.01%332,705−1.2%370.43%1.36231,5310231,531
19990——3,100−3.1%83< 0.01%336,852+3.3%370.45%1.39268,5910268,591
19980——3,200−5.9%83< 0.01%325,978+9.3%370.44%1.35268,1060268,106
19970——3,400+13.3%82< 0.01%298,175+6.3%380.41%1.24256,7790256,779
19960——3,000+7.1%82< 0.01%280,571−3.4%390.39%1.17230,5440230,544
19950——2,800+300%81< 0.01%290,304+7.2%380.42%1.22259,5450259,545
19940——700—93< 0.01%270,912+2%390.40%1.14271,6600271,660
19930——————265,510−4.8%400.40%1.12221,1400221,140
19920——−1,200+33.3%124< 0.01%278,888+10.6%370.42%1.18226,2750226,275
19910——−900+200%108< 0.01%252,060+0.37%370.38%1.06194,8100194,810
19900——−300−25%104< 0.01%251,140+0.8%340.38%1.06214,1740214,174
19890——−400−233.3%103< 0.01%249,156+22.2%330.38%1.05196,8500196,850
19880——300−175%81< 0.01%203,934+6.1%400.31%0.86159,8850159,885
19870——−400+0%104< 0.01%192,162−2%430.30%0.81159,2930159,293
19860——−400−50%100< 0.01%196,140+9%410.32%0.82164,8050164,805
19850——−800−42.9%80< 0.01%179,863−5.7%430.30%0.76142,6150142,615
19840——−1,400−50%81< 0.01%190,716+3.1%410.32%0.8152,7970152,797
19830——−2,800−9.7%80< 0.01%185,000+0.54%420.31%0.78157,0720157,072
19820——−3,100+34.8%77−0.01%184,000+31.4%410.31%0.78153,7810153,781
19810——−2,300−11.5%76< 0.01%140,000−9.3%450.23%0.6150,3680150,368
19800——−2,600—74< 0.01%154,300—450.24%0.66166,3280166,328

See also

Sources