India: Oil reserves

* indicates monthly or quarterly data series

Oil reserves, billion barrels

 Latest value 4.6
 Year 2021
 Measure billion barrels
 Data availability 1980 - 2021
 Average 4.97
 Min - Max 2.58 - 8
 Source The U.S. Energy Information Administration

For that indicator, we provide data for India from 1980 to 2021. The average value for India during that period was 4.97 billion barrels with a minimum of 2.58 billion barrels in 1981 and a maximum of 8 billion barrels in 1991. The latest value from 2021 is 4.6 billion barrels. For comparison, the world average in 2021 based on 187 countries is 9.09 billion barrels. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
India - Oil reserves - recent values

Historical chart
India - Oil reserves - historical chart - 1980-2021

Definition: Proved reserves of crude oil are the estimated quantities of all liquids defined as crude oil, which geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from reservoirs under existing economic and operating conditions.
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