There is a total of 3.4 billion barrels of crude oil storage that was in use worldwide as of March 2020. Only 0.5 billion barrels of crude oil storage was available across the U.S. as of the same time, the majority of which was available in tanks.
Global crude oil and oil products storage in use and available as of March 2020
(in billion barrels)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Rystad Energy. (February 20, 2020). Global crude oil and oil products storage in use and available as of March 2020 (in billion barrels) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/509052/global-available-oil-storage-capacity-by-type/
Rystad Energy. "Global crude oil and oil products storage in use and available as of March 2020 (in billion barrels)." Chart. February 20, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/509052/global-available-oil-storage-capacity-by-type/
Rystad Energy. (2020). Global crude oil and oil products storage in use and available as of March 2020 (in billion barrels). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/509052/global-available-oil-storage-capacity-by-type/
Rystad Energy. "Global Crude Oil and Oil Products Storage in Use and Available as of March 2020 (in Billion Barrels)." Statista, Statista Inc., 20 Feb 2020, https://www.statista.com/statistics/509052/global-available-oil-storage-capacity-by-type/
Rystad Energy, Global crude oil and oil products storage in use and available as of March 2020 (in billion barrels) Statista, https://www.statista.com/statistics/509052/global-available-oil-storage-capacity-by-type/ (last visited December 22, 2024)
Global crude oil and oil products storage in use and available as of March 2020 (in billion barrels) [Graph], Rystad Energy, February 20, 2020. [Online]. Available: https://www.statista.com/statistics/509052/global-available-oil-storage-capacity-by-type/
