Proved Crude Oil Reserves - world statistics and charts as map, diagram and table. Reserves of crude oil by the countries of the world. Rank (total), Country The top countries in terms of reserves are Venezuela (17.5% of global reserves), closely followed by Saudi Arabia (17.2%), then Canada (9.7%), Iran (9.0%) and Saudi Arabia · Saudi Arabia has the second largest proven oil reserves in the world—some 268 billion barrels, approximately 16 percent of the world's proven The 10 largest oil1 producers and share of total world oil production2 in 20183. Country, Million barrels per day, Share of world total. United States, 17.94, 18%. 25 Mar 2019 Our new visualization shows how much oil is in each country's reserves. Oil reserves are measured in Gbbl (billion barrels). Our data comes from 27 Jun 2019 A country with large and prosperous oil reserves holds a definite advantage in world trade over those without such a source of crude oil. While All these countries are listed below in rank order of proved oil reserves at the beginning of 1981. Non-OPEC Developing Country Oil Producers. (All countries
Home Data / Graphs OPEC Oil Reserves OPEC Share of World Crude Oil Reserves OPEC Share of World Crude Oil Reserves According to current estimates, 79.4% of the world's proven oil reserves are located in OPEC Member Countries, with the bulk of OPEC oil reserves in the Middle East, amounting to 64.5% of the OPEC total.
With 300,878 million barrels of proven reserves, Venezuela has the largest amount of proven oil reserves in the world. The country's oil is a relatively new discovery. Previously, Saudi Arabia had always held the number one position. The oil sand deposits in Venezuela are similar to those in Canada. Top 10 Countries With the Biggest Crude Oil Reserves. 1. Venezuela: 300.9 Gbbl. 2. Saudi Arabia: 266.5 Gbbl. 3. Canada: 169.7 Gbbl. 4. Iran: 158.4 Gbbl. 5. Iraq: 142.5 Gbbl. Saudi Arabia takes the No. 2 spot with 266.5 billion barrels of oil in reserve, followed by Canada (169.7 billion barrels of oil), Iran (158.4 billion barrels of oil), and Iraq (142.5 billion barrels of oil). To identify countries with the largest crude oil reserves, CEOWORLD magazine reviewed numerous national and international media reports. The United States of America is the top country by crude oil reserves in the world. As of May 2019, crude oil reserves in the United States of America was 12,108.19 thousand barrels per day. The top 5 countries also includes Russian Federation, Saudi Arabia, Iraq, and Canada. 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. Countries like Canada and Venezuela are hindered by geology – in these places, the majority of oil is extra heavy crude or bitumen (oil sands), and these types of oil are simply more difficult and costly to extract. In other places, obstacles are are self-imposed. In some countries, like Brazil and the U.S.,
This is a list of countries by proven oil reserves. Proven reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated, with a high degree of confidence, to be commercially recoverable from a given date forward from known reservoirs and under current economic conditions. Some statistics on this page are disputed and controversial. Different sources give different figures. Some of the differences reflect different types of oil included. Diffe
22 May 2019 These 15 countries, as home to largest reserves, control the world's oil. Samuel Stebbins. 24/7 Wall Street. Proven Oil Reserves is determined through geological and engineering processes to produce an estimated value of oil stocks in the ground. Proven Oil Reserves As of October 2019, crude oil reserves in the United States of America was 12,655 thousand barrels per day. The top 5 countries also includes Russian Federation, List of world countries by proven Oil Reserves in million cubic feet (MMcf), and per capita. 17 Feb 2020 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 Proved Crude Oil Reserves - world statistics and charts as map, diagram and table. Reserves of crude oil by the countries of the world. Rank (total), Country The top countries in terms of reserves are Venezuela (17.5% of global reserves), closely followed by Saudi Arabia (17.2%), then Canada (9.7%), Iran (9.0%) and
25 Mar 2019 Our new visualization shows how much oil is in each country's reserves. Oil reserves are measured in Gbbl (billion barrels). Our data comes from
Projecting 2001 production levels, by 2020 83% of global oil reserves will be The two countries with the highest rate of growth in oil use are China and India, Many estimate oil sands place the country's oil reserves [PDF] second to Saudi Arabia. In 1999, oil sands represent about 15 percent of total Canadian crude Country shares of Middle Eastern oil reserves are: Saudi Arabia 36%, Iraq 16%, UAE 14%, Iran 13%, Kuwait 13%, Libya 4%, Oman 1%, Qatar 1%, Yemen 1%, Ten countries in the Middle East account for only 3.4% of the area but contain 48 % of world's known oil reserves and 38% of natural gas reserves. Despite
24 Oct 2018 While it is popularly known that Saudi Arabia is the king crude oil and a key member of Top 10 countries with the biggest crude oil reserves.
Ten countries in the Middle East account for only 3.4% of the area but contain 48 % of world's known oil reserves and 38% of natural gas reserves. Despite 16 Dec 2019 Canada accounts for 10% of the world's proven oil reserves. Learn more about the end of 2014). Rank, Country, Percentage Share of Total. 10 Nov 2019 The discovery, if verified, could bolster the country's proven reserves by a third as it struggles to sell energy abroad in the face of U.S. sanctions. This chart shows Oil Reserves Countries in the World. An oil is any neutral, nonpolar chemical substance that is a viscous liquid at ambient temperatures and is