During the development of low or ultra-low permeability oil resources, the alternative energy supply becomes a prominent issue. In recent years, carbon dots (CDs) have drawn much attention owing to their application potential in oil fields for reducing injection pressure and augmenting oil recovery. However, carbon dots characterized of small size, high surface energy are faced with several challenges, such as self-aggregation and settling. The preparation of stably dispersed carbon dots nanofluids is the key factor to guarantee its application performance in formation. In this work, we investigated the stability of hydrophilic carbon dots (HICDs) and hydrophobic carbon dots–Tween 80 (HOCDs) nanofluids. The influences of carbon dots concentration, sorts and concentration of salt ions as well as temperature on the stability of CDs were studied. The results showed that HICDs are more sensitive to sort and concentration of salt ions, while HOCDs are more sensitive to temperature. In addition, the core flooding experiments demonstrated that the pressure reduction rate of HICDs and HOCDs nanofluids can be as high as 17.88% and 26.14%, respectively. Hence, the HICDs and HOCDs nanofluids show a good application potential in the reduction of injection pressure during the development of low and ultra-low permeability oil resources.