Spain Oil

150,000,000barrels
0.01%
of world reserves
at current production
77,267b/d+0.42% YoY
1,337,337b/d+1.8% YoY
Daily Deficit (2025)
−1,260,070b/d

Production covers 5.8% of consumption.

Consumption
Production
Deficit

Oil Reserves in Spain

  • Spain has proven oil reserves of 150,000,000 barrels (as reported in 2025) (#62 in the world), representing 0.0085% of the world's total.
  • As of 2025 production rates, Spain has roughly > 500 years of proven oil reserves left (crude and condensate reserves ÷ their annual production).

Oil Production in Spain

  • Spain produced 77,267 barrels per day of oil and petroleum liquids in 2025 (#57 in the world), an increase of 0.42% from 76,947 barrels per day in 2024.
  • Of that, 26.5 barrels per day was crude oil in 2025.
  • And 2,000 barrels per day was natural gas plant liquids (NGPL) in 2025.

Oil Consumption in Spain

  • Spain consumed 1,337,337 barrels per day of oil and petroleum products in 2025 (#18 in the world), an increase of 1.8% from 2024. This represents about 1.3% of the world's total oil consumption.
  • Per capita, oil consumption in Spain averaged 1.17 us gallons per day in 2025 (#54 in the world).
  • The largest refined-product categories were Distillate Fuel Oil (46.5%), Other Refined Products (13.9%), and Jet Fuel (12.5%).

(Historical) Oil Imports & Exports in Spain

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 Spain

  • In 2025, Spain produced approximately 77,267 barrels per day of oil and consumed 1,337,337 barrels per day , a deficit of 1,260,070 barrels per day.

Spain Oil History (1973-2025)

ReservesProductionConsumptionCrude Oil Trade (Historical)
2025150,000,000620.01%77,267+0.42%570.07%1,337,337+1.8%9—1.17———
2024150,000,000620.01%76,947+0.04%530.07%1,313,770+3.3%181.3%1.15———
2023150,000,000620.01%76,913+0.94%540.08%1,271,471−1.4%181.3%1.11———
2022150,000,000620.01%76,193−0.66%560.08%1,288,921+8.1%181.3%1.13———
2021150,000,000620.01%76,703+2.8%560.08%1,192,110+9.5%181.2%1.05———
2020———74,605−2.4%560.08%1,088,486−18%181.2%0.961,098,59901,098,599
2019150,000,000610.01%76,433−0.01%530.08%1,327,964−0.31%181.3%1.181,336,21101,336,211
2018150,000,000610.01%76,442−0.49%530.08%1,332,077+2.7%181.3%1.191,364,68201,364,682
2017150,000,000610.01%76,817+27.1%550.08%1,297,373+0.56%181.3%1.161,331,80901,331,809
2016150,000,000610.01%60,421−3.4%590.06%1,290,093+3.5%181.3%1.161,292,18701,292,187
2015150,000,000610.01%62,529−2.7%580.06%1,246,586+3.9%191.3%1.121,306,93301,306,933
2014150,000,000630.01%64,236−0.87%600.07%1,199,677−0.7%191.3%1.081,192,40501,192,405
2013150,000,000640.01%64,802+35.2%590.07%1,208,153−7.1%191.3%1.081,168,51901,168,519
2012150,000,000640.01%47,938+1%650.05%1,300,910−6.1%171.4%1.161,184,17401,184,174
2011150,000,000620.01%47,449−5.9%650.05%1,385,277−3.9%171.5%1.241,052,94101,052,941
2010150,000,000590.01%50,442+93.3%640.06%1,441,036−1.8%161.6%1.291,059,28101,059,281
2009150,000,000590.01%26,100−1.7%710.03%1,467,490−5.1%161.7%1.321,055,97001,055,970
2008150,000,000590.01%26,542−6.4%710.03%1,547,003−4%161.8%1.411,178,15301,178,153
2007150,000,000600.01%28,358−25.6%690.03%1,611,140+1.4%161.8%1.491,161,18901,161,189
2006157,626,000610.01%38,104+0.7%640.04%1,588,170−1.2%161.9%1.491,220,95701,220,957
2005157,626,000590.01%37,840+2.1%640.04%1,607,258+2.3%151.9%1.541,202,29901,202,299
2004157,626,000590.01%37,073+31.8%640.04%1,571,437+1.9%151.9%1.531,191,42301,191,423
2003157,626,000610.01%28,137+15.5%650.04%1,542,628+2.5%151.9%1.521,156,94901,156,949
200221,009,00076< 0.01%24,359−5.9%660.03%1,504,617+0.81%151.9%1.511,139,80601,139,806
200121,009,00077< 0.01%25,888+16.9%640.03%1,492,490+4.1%151.9%1.521,146,73201,146,732
200013,999,00080< 0.01%22,143+0.66%670.03%1,433,527+2.7%151.9%1.471,157,35201,157,352
199913,999,00080< 0.01%21,997−10.7%670.03%1,396,162+3%151.8%1.441,172,05201,172,052
199830,000,00075< 0.01%24,641+9.5%650.03%1,356,150+7%151.8%1.41,206,35801,206,358
199730,000,00075< 0.01%22,504−14.3%650.03%1,267,847+5.6%151.7%1.321,124,09701,124,097
199620,000,00068< 0.01%26,246−18.9%620.04%1,200,615+1%151.7%1.251,088,86701,088,867
199520,242,00069< 0.01%32,367−7%610.05%1,188,178+5.4%151.7%1.251,109,09401,109,094
199422,518,00068< 0.01%34,808−0.16%600.05%1,127,814+6.5%161.7%1.191,086,23701,086,237
199322,518,00067< 0.01%34,865+7.9%590.05%1,059,329−4.4%161.6%1.121,037,75701,037,757
199221,389,00066< 0.01%32,320−1.9%600.05%1,107,847+3%151.6%1.181,088,12201,088,122
199120,000,00064< 0.01%32,962+20.9%510.05%1,075,178+6.2%141.6%1.151,028,20601,028,206
199025,000,00059< 0.01%27,255−11.1%510.04%1,012,805+3.2%131.5%1.091,022,31001,022,310
198925,955,00058< 0.01%30,655−19.3%490.05%981,143−0.14%111.5%1.06998,0190998,019
198838,600,00057< 0.01%37,978−5.3%490.06%982,527+9.8%121.5%1.06962,2680962,268
198728,200,00056< 0.01%40,090−11.5%470.06%895,211+3.4%121.4%0.97893,5060893,506
198690,000,000530.01%45,304−9.4%460.07%866,132+0.99%121.4%0.94933,4260933,426
1985100,000,000510.01%50,000−5.7%440.08%857,663+0.69%121.4%0.93877,6761,454876,222
1984200,000,000440.03%53,000+15.2%420.09%851,790−15.7%101.4%0.93823,48781823,406
1983100,000,000490.02%46,000+253.8%440.08%1,011,000+0.8%91.7%1.11844,1980844,198
1982100,000,000490.01%13,000+233.3%540.02%1,003,000+6.6%101.7%1.11865,9040865,904
1981400,000,000380.06%3,900−70%630.01%941,000−5%101.5%1.05922,3000922,300
1980200,000,000400.03%13,000—520.02%990,200—101.6%1.11955,0800955,080

See also

Sources