List countries oil reserves

30 Dec 2015 Here are the five countries hit the worst. Venezuela. Venezuela has the world's largest oil reserves. Its government has for years used the  12 Jul 2018 The petroleum industry in Kuwait is the largest industry in the country accounting for over half of its GDP. Kuwait oil reserves are 4th largest in 

The varied amounts of oil reserves in each country can also lead to an imbalance of energy imports and exports. Since the U.S. hosts only about 36.5 billion barrels of the world’s crude oil reserves and imports almost 8 million barrels per day , finding alternate forms of energy is more important than ever. So, which other countries have the world’s largest proven oil reserves? Canada total proved oil reserve has been estimated at 171 billion barrels. This places Canada in the number 3 spot in the world rankings, right behind Saudi Arabia, with an estimated at 269 billion barrels. This is a list of top 10 oil-producing countries in the world as of 2020. The United States, Russia, and Saudi Arabia still remain the top three highest oil-producing countries in the world according to the latest report by The U.S. Energy . This is a list of countries by natural gas proven reserves based on The World Factbook (when no citation is given). or other authoritative third-party sources (as cited). Based on data from BP, at the end of 2009, proved gas reserves were dominated by three countries: Iran, Russia, This article includes a chart representing proven reserves, production, consumption, exports and imports of oil by country.. Methodology. Below the chart numbers there is specified which position a country holds by the corresponding parameter. Dependent territories, not fully recognized countries and supranational entities are not ranked. Based on data from OPEC at the beginning of 2013 the highest proved oil reserves including non-conventional oil deposits are in Venezuela (20% of global reserves), Saudi Arabia (18% of global reserves), Canada (13% of global reserves), and Iran (9%). This is a list of countries by oil production, as compiled from the U.S. Energy Information Administration database for calendar year 2019, tabulating all countries on a comparable best-estimate basis. Compared with shorter-term data, the full-year figures are less prone to distortion from periodic maintenance shutdowns and other seasonal cycles.

Based on data from OPEC at the beginning of 2013 the highest proved oil reserves including non-conventional oil deposits are in Venezuela (20% of global reserves), Saudi Arabia (18% of global reserves), Canada (13% of global reserves), and Iran (9%).

30 Apr 2019 According to the EIA (U.S. Energy Information Administration), the United States, Saudi Arabia, and Russia are the world's top three crude oil  22 Feb 2019 Only 11 countries/regions (e.g.,”Other Europe”) reported lower proved reserves in 2017 than in 1982. At the bottom of the list is Mexico, which has  9 May 2019 South America's second poorest nation is bracing for an oil boom that could catapult it to the top of the continent's rich list - and beyond. But can  1 Mar 2017 Alberta's recoverable reserves of oil are, still conservatively, the Administration (EIA) lists Venezuela's remaining proved reserves as 300  14 Feb 2014 Libya holds the largest proven crude oil reserves and the fourth largest proven natural gas reserves in Africa. The civil war in 2011 severely  5 Jul 2016 The kingdom has proven reserves of 266 billion barrels according to But most of the country's giant and super-giant oil fields were discovered 

30 Dec 2015 Here are the five countries hit the worst. Venezuela. Venezuela has the world's largest oil reserves. Its government has for years used the 

8 Jan 2019 Proven oil reserves are those that have a reasonable certainty of being These are the countries whose proven oil reserves are in the top 10 globally. barrels of proven oil reserves in 2018, so should maybe be on the list? 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  Data presented on this list is through 2019. Values are presented in bbl/day ( Barrels Per Day). Estimates are made when official data is not available. 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 

So, which other countries have the world’s largest proven oil reserves? Canada total proved oil reserve has been estimated at 171 billion barrels. This places Canada in the number 3 spot in the world rankings, right behind Saudi Arabia, with an estimated at 269 billion barrels.

7 Oct 2019 The Mideast's Biggest Oil Producers. The Middle East's association with oil production primarily comes from countries like Saudi Arabia, Iran, Iraq,  19 Apr 2018 In the subsequent sections, we'll go over the list of countries that have the largest oil reserves. Also, look at the countries that have expanded  27 Nov 2019 In addition to the oil stock release, the IEA member countries have other there is a greater tendency to hold reserves of refined products. 25 Jun 2019 25 2019 — Proved oil reserves, historically a proxy for geopolitical clout oil shrinks the country's top ranking reserves to just 6 billion barrels,  30 Apr 2019 According to the EIA (U.S. Energy Information Administration), the United States, Saudi Arabia, and Russia are the world's top three crude oil  22 Feb 2019 Only 11 countries/regions (e.g.,”Other Europe”) reported lower proved reserves in 2017 than in 1982. At the bottom of the list is Mexico, which has  9 May 2019 South America's second poorest nation is bracing for an oil boom that could catapult it to the top of the continent's rich list - and beyond. But can 

Venezuela has the biggest verified oil reserves in the world. neighboring Azerbaijan is in the 20th position on the list with 7 mln barrels of verified oil reserve.

19 Apr 2018 In the subsequent sections, we'll go over the list of countries that have the largest oil reserves. Also, look at the countries that have expanded  27 Nov 2019 In addition to the oil stock release, the IEA member countries have other there is a greater tendency to hold reserves of refined products. 25 Jun 2019 25 2019 — Proved oil reserves, historically a proxy for geopolitical clout oil shrinks the country's top ranking reserves to just 6 billion barrels,  30 Apr 2019 According to the EIA (U.S. Energy Information Administration), the United States, Saudi Arabia, and Russia are the world's top three crude oil 

List of Countries. VI. Notes and Methods. VIII. Oil - Supply and Demand. Oil - Production Quality. Reserves. 2. 46. Areas and Aggregates. 2. 46. The World Top   25 Mar 2019 About half of the countries in the top ten list are located in the Middle East/North Africa region. Six of these countries--Venezuela, Saudi Arabia,  5 Jul 2016 The U.S. holds more oil reserves than anyone else in the world, Some countries report proven reserves, using conservative estimates from  6 Jul 2016 Rystad Energy came to the conclusion by only recording each country's economically viable reserves. ExxonMobil under investigation over  4 Nov 2019 The firm stated the UAE's reserves figures now stand at 105 billion STB of recoverable oil and 273 TSCF of conventional gas, moving the country  Venezuela has the biggest verified oil reserves in the world. neighboring Azerbaijan is in the 20th position on the list with 7 mln barrels of verified oil reserve. It is also commonly agreed that Middle East oil reserves and production have Of these countries, Iran, Iraq, Kuwait, Qatar, Saudi Arabia and UAE are also