Spain
Europe
Production
27 bbl/d
Imports
2.1M bbl/d
Exports
789.9K bbl/d
Net Balance
1.3M bbl/d
Net importer
Consumption by Product
2022 · thousand bpd
Petrol26.7%
Diesel42.0%
Kerosene0.8%
Jet Fuel11.5%
LPG5.3%
Fuel Oil6.1%
Other7.6%
Proven Oil Reserves
0.1B
barrels (proven)
~15221 yrs
at current production
Abundant
050 yrs100+ yrs
Proven reserves = crude oil in the ground. Many countries import most of their refined fuel (petrol, diesel, jet fuel), so high reserves don't guarantee fuel supply security.
Production Trend
Price History
Refinery Capacity
Capacity
1.4K bbl/d
Throughput
1.2K bbl/d
Utilization
85.7%
Geopolitical Context
No sanctions or geopolitical data on file.
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