Petroleum Stocks (Industry)

Based on a comparison of 32 countries in 2014, USA ranked the highest in industrial petroleum stocks with 1,148 mil barrels followed by Japan and Canada. On the other end of the scale was Luxembourg with 0.728 mil barrels, Estonia with 0.885 mil barrels and Slovenia with 1.15 mil barrels.

Total industrial petroleum stocks reached 2,198 mil barrels in 2014 in the World according to EIA. This is 15.7 % less than in the previous year and -15.2 % less than 10 years ago.

Historically, total industrial petroleum stocks reached an all time high of 2,704 mil barrels in 1998 and an all time low of 1,555 mil barrels in 1992. The average annual growth amounted to -0.668 % since 1984.

The top ranked country, USA, accounted for 52.2 % of industrial petroleum stocks in the world. The top 3 countries hold a 72.0 % share while the ten largest countries some 100 % in 2014.

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Countries Unit 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Australia mil barrels                                                 40.5 40.3 38.6 40.1 37.5   ...
Austria mil barrels                                                 25.4 25.3 23.3 22.6 22.5   ...
Belgium mil barrels                                                 27.6 25.2 23.1 24.7 26.1   ...
Canada mil barrels                                                 162 157 184 178 172    
Chile mil barrels                                                 8.89 11.1 11.0 9.87 8.94   ...
Czech Republic mil barrels ... ... ... ... ... ...                                     6.03 6.51 5.56 6.08 5.30   ...
Denmark mil barrels                                                 15.2 17.6 18.9 14.6 15.8   ...
Estonia mil barrels ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...   0.728 1.03 0.339 0.649 0.595   ...
European Union mil barrels                                                 863 855 832 784 775    
Finland mil barrels                                                 20.6 23.1 17.5 19.2 16.0   ...
France mil barrels                                                 78.8 76.7 69.1 64.3 54.1    
Germany mil barrels ... ... ... ... ... ...                                     96.4 96.4 102 96.9 103    
Greece mil barrels                                                 40.0 35.1 34.3 27.9 30.8   ...
Hungary mil barrels                                                 5.25 4.75 6.42 6.14 5.51   ...
Ireland mil barrels                                                 6.38 6.33 5.18 5.45 4.29   ...
Italy mil barrels                                                 145 143 151 146 129    
Japan mil barrels                                                 302 262 266 265 266    
Luxembourg mil barrels                                                 0.724 0.779 0.649 0.582 0.677   ...
Mexico mil barrels                                                 50.3 44.7 44.5 44.4 47.5    
Netherlands mil barrels                                                 119 125 117 93.6 113    
New Zealand mil barrels                                                 8.10 8.09 8.79 8.28 7.81   ...
Norway mil barrels ... ... ... ... ... ...                                     29.9 21.9 20.8 25.9 27.9   ...
Poland mil barrels                                                 50.9 55.1 57.3 56.0 55.4   ...
Portugal mil barrels                                                 19.6 20.7 17.5 16.5 15.8   ...
Slovakia mil barrels ... ... ... ... ... ...                                     3.97 3.54 3.33 3.62 3.62   ...
Slovenia mil barrels ... ... ... ... ... ... ... ...                                 1.40 1.05 1.13 1.03 1.61   ...
South Korea mil barrels                                                 56.3 72.4 78.2 77.2 85.4    
Spain mil barrels                                                 89.1 78.9 80.9 80.3 68.4   ...
Sweden mil barrels                                                 37.3 39.5 32.4 31.5 27.7   ...
Switzerland mil barrels                                                 36.3 37.0 36.8 35.7 36.8   ...
Turkey mil barrels                                                 60.9 57.6 58.5 55.8 62.0   ...
United Kingdom mil barrels                                                 98.8 94.4 88.8 87.8 80.9    
USA mil barrels                 ...                               1,035 1,050 1,068 1,056 1,111    
World mil barrels                                                 2,667 2,629 2,658 2,589 2,644