Monday, 20 July 2026

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

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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