Oil reserves in Romania

Romania: Oil reserves was 95.39 million cubic meters in 2021. ▼ Falling

Latest (2021)
95.39 million cubic meters
Change on year
unchanged
World rank
43rd
of 215 countries
All-time high
255.33 million cubic meters
in 1995
All-time low
95.39 million cubic meters
in 2007
Years of data
31
1991–2021

Oil reserves in Romania, 1991–2021

0100.0M200.0M300.0M1991200620211991: 186.0M cubic meters1992: 182.8M cubic meters1993: 249.4M cubic meters1994: 249.4M cubic meters1995: 255.3M cubic meters1996: 255.3M cubic meters1997: 255.3M cubic meters1998: 255.3M cubic meters1999: 226.7M cubic meters2000: 226.7M cubic meters2001: 226.7M cubic meters2002: 151.9M cubic meters2003: 151.9M cubic meters2004: 151.9M cubic meters2005: 151.9M cubic meters2006: 151.9M cubic meters2007: 95.4M cubic meters2008: 95.4M cubic meters2009: 95.4M cubic meters2010: 95.4M cubic meters2011: 95.4M cubic meters2012: 95.4M cubic meters2013: 95.4M cubic meters2014: 95.4M cubic meters2015: 95.4M cubic meters2016: 95.4M cubic meters2017: 95.4M cubic meters2018: 95.4M cubic meters2019: 95.4M cubic meters2020: 95.4M cubic meters2021: 95.4M cubic meters

Source: U.S. Energy Information Administration (2022) – with major processing by Our World in Data. Measured in cubic meters.

Analysis

The most recent figure for oil reserves in Romania is 95.39 million cubic meters, measured in 2021. That is the lowest value across all 31 years on record.

The figure is unchanged over ten years.

Over the whole period, oil reserves in Romania peaked at 255.33 million cubic meters in 1995 and was at its lowest, 95.39 million cubic meters, in 2007.

Romania ranks 43rd of 215 countries on this measure, in the top quarter.

The long-run direction has been consistently falling across the 31 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 235.08 million cubic meters 182.84 million cubic meters 255.33 million cubic meters 9
2000s 149.93 million cubic meters 95.39 million cubic meters 226.74 million cubic meters 10
2010s 95.39 million cubic meters 95.39 million cubic meters 95.39 million cubic meters 10
2020s 95.39 million cubic meters 95.39 million cubic meters 95.39 million cubic meters 2

Countries ranked near Romania

  1. 41 Peru 136.55 million cubic meters compare
  2. 42 Ghana 104.93 million cubic meters compare
  3. 43 Turkmenistan 95.39 million cubic meters compare
  4. 45 Uzbekistan 94.44 million cubic meters compare
  5. 46 Pakistan 85.85 million cubic meters compare

See the full ranking of 216 places →

More energy & mining data for Romania

All data for Romania →

Frequently asked questions

What is oil reserves in Romania?
Oil reserves in Romania was 95.39 million cubic meters in 2021, according to U.S. Energy Information Administration (2022) – with major processing by Our World in Data.
What is the highest oil reserves recorded in Romania?
The highest recorded value was 255.33 million cubic meters in 1995.
What is the lowest oil reserves recorded in Romania?
The lowest recorded value was 95.39 million cubic meters in 2007.
How does Romania rank for oil reserves?
Romania ranks 43rd out of 215 countries with data for 2021.
Is oil reserves rising or falling in Romania?
Over the last ten years it is unchanged. The long-run trend across the full record is falling.
Where does this Romania data come from?
The figures come from U.S. Energy Information Administration (2022) – with major processing by Our World in Data, published as part of Oil reserves. Statizoid updates them automatically from the source API.

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CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Oil reserves
Unit
cubic meters
Source
U.S. Energy Information Administration (2022) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
216 places, 8,283 data points, 1980–2021
Last refreshed

Proved reserves, measured in cubic meters, are generally those quantities that can be recovered in the future from known reservoirs under existing economic and operating conditions, according to geological and engineering information. Includes crude oil and lease condensate.