Countries with large oil reserves
We bet you can’t guess which country has the largest oil reserves in the world in 2017. There are currently around 1.70 trillion barrels of proven oil reserves and the 16 countries with the biggest oil reserves in the world in 2017 hold roughly 96% of all the oil in the world. Six of these countries--Venezuela, Saudi Arabia, Iran, Iraq, Kuwait, and Libya--are members of OPEC (Organization of Petroleum Exporting Countries). Interestingly, there is no clear correlation between the country’s size and its amount of oil reserves. THE TOP 10 LARGEST OIL RESERVES IN THE WORLD 1. Venezuela: 298.3 Billion Barrels. Over the past decade, Venezuela has capitalized on 2. Saudi Arabia: 267 Billion Barrels. There is perhaps no country more heavily associated 3. Canada: 172.9 Billion Barrels. Canada leads the North American Venezuela has the largest amount of oil reserves in the world with 300.9 billion barrels. Saudi Arabia has the second-largest amount of oil reserves in the world with 266.5 billion barrels. Despite Venezuela’s large supply of natural resources, the country still struggles economically and its people are going hungry.
5 Dec 2019 Latin America is home to many large oil-producing countries. Venezuela has the world's largest oil reserves at more than 300 billion barrels.
16 Sep 2017 Possessing over 298 billion barrels of proven oil reserves, Venezuela is by far the country with the largest reserves in the world today. While they 5 Jul 2016 According to a new analysis from oil and gas consulting firm Rystad Energy, the United States is the country with the largest volume of oil 19 Apr 2018 Ranking of top eight countries with highest oil reserves. Countries that possess large amounts of oil belong to The Organization of Petroleum 4 Nov 2019 Figures can vary wildly by country due to differing standards, though it remains a yardstick of comparison among oil-producing nations. An error 5 Jul 2016 According to the U.S Energy Information Administration, California's crude oil production is the third-largest in the country, trailing only Texas
Per Investopedia, these are the countries ranked by percent of crude oil reserves (in billion barrels): 1. Venezuela (20.2 percent). 2. Saudi Arabia (18 percent. 3. Canada (11.8 percent). 4. Iran (10.6 percent). 5. Iraq (9.5 percent). 6. Kuwait (6.9 percent). 7. United Arab Emirates (6.6
5 Jul 2016 According to the U.S Energy Information Administration, California's crude oil production is the third-largest in the country, trailing only Texas 1 Mar 2017 Alberta's recoverable reserves of oil are, still conservatively, the largest on Earth by far, and are larger than those of Saudi Arabia and Venezuela 20 May 2019 Venezuela has oil reserves of 302.3 Bbbl, while the neighboring Latin American country holds volumes almost as large as Gabon's, with 1.96 20 May 2019 Venezuela has oil reserves of 302.3 billion barrels, while the neighboring Latin American country holds volumes almost as large as Gabon's, 14 Aug 2017 Saudi Arabia has larger oil reserves than any other country in the world. Saudi Arabia's Ghawar Field is the single largest oil producing field 20 Apr 2018 Ranking of top eight countries with highest oil reserves. Countries that possess large amounts of oil belong to The Organization of Petroleum
15 Jun 2018 Saudi Arabia as the world's largest holder of recoverable oil, according to research This vast increase of estimated recoverable oil in the US over the past year When countries officially report proved oil reserves, some
18 Jul 2011 Venezuela's proven crude-oil reserves surpassed those of Saudi Arabia in 2010, making the country the world's largest oil-reserves holder, the 5 Mar 2012 data from the Energy Information Administration and the CIA World Factbook, here are the countries with the biggest proven oil reserves. Saudi Arabia is by far the region's largest producer and exporter accounting for Country shares of Middle Eastern oil reserves are: Saudi Arabia 36%, Iraq 16 Sep 2017 Possessing over 298 billion barrels of proven oil reserves, Venezuela is by far the country with the largest reserves in the world today. While they
Crude oil reserves by country, 2020 - knoema.com knoema.com/atlas/topics/Energy/Oil/Crude-oil-reserves
4 Nov 2019 Figures can vary wildly by country due to differing standards, though it remains a yardstick of comparison among oil-producing nations. An error 5 Jul 2016 According to the U.S Energy Information Administration, California's crude oil production is the third-largest in the country, trailing only Texas 1 Mar 2017 Alberta's recoverable reserves of oil are, still conservatively, the largest on Earth by far, and are larger than those of Saudi Arabia and Venezuela 20 May 2019 Venezuela has oil reserves of 302.3 Bbbl, while the neighboring Latin American country holds volumes almost as large as Gabon's, with 1.96 20 May 2019 Venezuela has oil reserves of 302.3 billion barrels, while the neighboring Latin American country holds volumes almost as large as Gabon's,
4 Nov 2019 Oil reserves are the amount of crude oil a country or region has that can be Here are the world's top 10 largest oil reserves by country: