In 2022, Saudi Arabia's proven crude oil reserves amounted to 267.2 billion barrels. Saudi Arabia is a founding member of the Organization of Petroleum Exporting Countries (OPEC), which was established in 1960. Saudi Arabia's exports of crude oil amounted to nearly 7.4 million barrels per day that year.
Selected figures about the fossil fuels industry in Saudi Arabia in 2022
Characteristic
Characteristic
Proven crude oil reserves (in million barrels)
267,192
Crude oil production (in 1,000 barrels per day)*
10,591
Oil demand (in 1,000 barrels per day)
3,172
Crude oil exports (in 1,000 barrels per day)
7,364
Proven natural gas reserves (in billion cubic meters)
9,514
Marketed production of natural gas (in million cubic meters)
122,895
Output of petroleum products (in 1,000 barrels per day)
2,768
Exports of petroleum products (in 1,000 barrels per day)
1,468
Value of petroleum exports (in million U.S. dollars)
326,289
Refinery capacity (in 1,000 barrels per calendar day)
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OPEC. (August 6, 2024). Selected figures about the fossil fuels industry in Saudi Arabia in 2022 [Graph]. In Statista. Retrieved November 01, 2024, from https://www.statista.com/statistics/1041551/selected-figures-on-fossil-fuels-in-saudi-arabia/
OPEC. "Selected figures about the fossil fuels industry in Saudi Arabia in 2022." Chart. August 6, 2024. Statista. Accessed November 01, 2024. https://www.statista.com/statistics/1041551/selected-figures-on-fossil-fuels-in-saudi-arabia/
OPEC. (2024). Selected figures about the fossil fuels industry in Saudi Arabia in 2022. Statista. Statista Inc.. Accessed: November 01, 2024. https://www.statista.com/statistics/1041551/selected-figures-on-fossil-fuels-in-saudi-arabia/
OPEC. "Selected Figures about The Fossil Fuels Industry in Saudi Arabia in 2022." Statista, Statista Inc., 6 Aug 2024, https://www.statista.com/statistics/1041551/selected-figures-on-fossil-fuels-in-saudi-arabia/
OPEC, Selected figures about the fossil fuels industry in Saudi Arabia in 2022 Statista, https://www.statista.com/statistics/1041551/selected-figures-on-fossil-fuels-in-saudi-arabia/ (last visited November 01, 2024)
Selected figures about the fossil fuels industry in Saudi Arabia in 2022 [Graph], OPEC, August 6, 2024. [Online]. Available: https://www.statista.com/statistics/1041551/selected-figures-on-fossil-fuels-in-saudi-arabia/
