Top 10 oil reserve in the world

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.

OPEC Member Countries have made significant additions to their oil reserves in recent years, for example, by adopting best practices in the industry, realizing  GALLERY: World's top 10 proven oil reserves. A look at the biggest proven reserves by country. default image. Christopher Kelly. May 04, 2014  29 Oct 2013 More than 80% of the world's proven oil reserves are concentrated in just 10 countries. Venezuela holds the world's biggest proven oil reserve  5 Jul 2016 The U.S. holds more oil reserves than anyone else in the world, including Consolidation In Libyan Oil – A Major Red Flag For Oil Markets?

The United States, currently the largest oil producer in the world, is ranked at number eleven with proven oil reserves of 35 billion barrels of oil. Most of the increases in oil production in the US come from the production of shale oil. The US is the world leader in oil shale drilling.

This list provides top 10 oil production countries in terms of fuel reserve. Starting from Venezuela holding the top position followed by Saudi Arabia in 2018. While countries like Canada has an oil reserve of about 172 billion barrels, followed by Iran with an proven oil reserve of about 150 billion barrels. If Kuwait is compared with the other GCC States, it has the 2nd largest oil reserve among them which includes him to the list of top 10 countries with oil reserves. Iraq Oil Reserves Iraq has oil reserves of 149 Billion Barrels and its supply is 2,986.6 BPD (barrels per day). Top 10 Countries With The World’s Biggest Oil Reserves 1. Venezuela. 2. Saudi Arabia. 3. Canada. 4. Iran. 5. Iraq. 6. Kuwait. 7. United Arab Emirates. 8. Russia. 9. Libya. 10. Nigeria. Lukoil is a Russian oil and gas company with headquarters in Moscow. It is one among the largest companies with confirmed largest oil and gas reserves in the world. In a report released in 2008, the company held 1.3% of the total gas and oil reserves across the world estimated at 19.3 million barrels in accordance to SPE standards. 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 World Top Ten Proven Oil Reserves. According to EIA, the US Energy Information Agency, the top ten countries with the largest amount of proven Venezuela – 300 billion barrels. Saudi Arabia – 266 billion barrels. Canada – 170 billion barrels. Iran – 158 billion barrels. Iraq – 142 billion Venezuela has the largest oil reserves of any country in the world, with more than 300 billion barrels of proven reserves. In 2011, the country surpassed Saudi Arabia to top the list of countries having the largest oil reserves.

6 Jul 2016 A new estimate measures each country's reserves in a uniform way. there's so much secrecy and undiscovered oil, but the US comes out on top. Other public sources of global oil reserves, like the BP Statistical Review, 

List of countries ranked by Oil - proved reserves. 10, Nigeria, 37,449,998,336 Top planning officials are consulting with Chinese government agencies and The country's economy has been hit by a slump in global oil prices and the  Crude oil - proved reserves is the stock of proved reserves of crude oil, in barrels (bbl). Proved 10, Nigeria, 37,060,000,000, 1 January 2017 est. 11, United 

Venezuela has the largest oil reserves of any country in the world, with more than 300 billion barrels of proven reserves. In 2011, the country surpassed Saudi Arabia to top the list of countries having the largest oil reserves.

14 Apr 2013 Top 10 Countries With The World's Biggest Oil Reserves. South American nation Venezuela tops the list, followed closely by Saudi Arabia.

14 Apr 2013 Top 10 Countries With The World's Biggest Oil Reserves. South American nation Venezuela tops the list, followed closely by Saudi Arabia.

Crude oil - proved reserves is the stock of proved reserves of crude oil, in barrels (bbl). Proved 10, Nigeria, 37,060,000,000, 1 January 2017 est. 11, United  The term Proven Reserve or PR refers to an amount of oil that is generally accepted by geologists to be the actual amount of petroleum in the ground. Figures  15 Dec 2014 By comparison, the portion of the world's total proved reserves owned by the 10 largest oil companies is about 75.23 billion barrels, or 4.6%. The  12 Jul 2018 Kuwait oil reserves are 4th largest in the world with 9.5% of the global reserve. 9. Brazil. Brazil is the largest producer of crude oil in the whole  6 Jul 2016 America has surpassed Saudi Arabia and Russia in oil reserves, a new fuel advertising, becoming the first major global news organisation to  Iran's oil contains about 10% of the world's proven petroleum reserve. More than half of Iran's oil reserves are found in five giant fields, the largest field being the 

9 Jan 2020 Oil is the world's most popular source of energy, being responsible for more than Top 10 countries with the largest oil reserves (2019). 5 Mar 2012 10. Nigeria. Proved Oil Reserves: 36.2 billion barrelsTotal Oil Production: 2.168 million barrelsCrude Oil Production: 2.165 million  4 May 2017 Mexico – 10 billion barrels; Angola – 9 billion barrels; Ecuador – 8.8 billion barrels; Azerbaijan – 7 billion barrels. Note: Proven oil reserves are  16 Dec 2019 Canada has the third-largest proven oil reserve in the world, most of which is in Canada accounts for 10% of the world's proven oil reserves. List of countries ranked by Oil - proved reserves. 10, Nigeria, 37,449,998,336 Top planning officials are consulting with Chinese government agencies and The country's economy has been hit by a slump in global oil prices and the  Crude oil - proved reserves is the stock of proved reserves of crude oil, in barrels (bbl). Proved 10, Nigeria, 37,060,000,000, 1 January 2017 est. 11, United  The term Proven Reserve or PR refers to an amount of oil that is generally accepted by geologists to be the actual amount of petroleum in the ground. Figures