Top 15 Largest Oil Reserves Values in billions of barrels of oil equivalent
Top 15 Largest Oil Reserves Values in billions of barrels of oil equivalent RANK - 1 - Venezuela - 303,221 Largest holder, mostly extra-heavy crude
RANK - 2 - Saudi Arabia - 267,200 Second largest, high accessibility
RANK - 3 - Iran - 208,600 Significant, but heavily sanctioned
RANK - 4 - 163,000 - Canada Mostly oil sands/bitumen
RANK - 5 - Iraq - 145,019 Major Middle Eastern producer
RANK - 6 - UAE - 113,000 High-quality, easy-to-extract crude
RANK - 7 - Kuwait - 101,500 Dominated by the巨大 (super-giant) Burgan field
RANK - 8 - Russia - 80,000 Significant, heavily influenced by OPEC+
RANK - 10- Libya - 48,363 Holds the largest reserves in Africa
RANK - 9 - USA - 45,014 High production due to shale/tight oil
RANK - 11 - Nigeria - 37,280 Major African producer
RANK - 12 - Kazakhstan - 30,000 Major Central Asian producer
RANK - 13 - China - 28,182 Major global consumer and producer
RANK - 14 - Qatar - 25,244 Known for gas, but large oil reserves
RANK - 15 - Brazil - 15,894 Significant offshore pre-salt reserves
This visualization ranks countries by the size of their proven oil reserves at the end of 2024.
The data for this graphic comes from OPEC’s Annual Statistical Bulletin 2025.
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