Name the top 10 countries in the world with oil reserves

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  As a result, it's not even in the list of top 10 oil producers. Since most of the government's revenue depended on oil, the country's economy has collapsed. 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 

14 Jun 2013 World oil production rose about 2.5% last year, from 4019 million tonnes Top 10 oil and gas producing countries in 2012 proven oil reserves in-situ for any given country when applying current levels of domestic oil production. (+5% to 2011), the US sits on top of the list of the 10 largest gas producers. 19 Aug 2019 Here's the data for the top 15 countries below: #10, Nigeria, 37.1 billion. #11, United States, 36.5 billion Venezuela tops the list with 300.9 billion barrels of oil in reserve – but even this vast wealth Even if a country is blessed with some of the most oil reserves in the world, it may not be able to  16 May 2013 The country has the largest proven reserves in Africa. It is a major contributor to the supply of light, sweet crude oil to the rest of the world. Trends in proven oil reserves in top five countries, 1980–2013 (data from US Energy Information Administration) A map of world oil reserves according to OPEC, January 2014 This is a list of countries by proven oil reserves . Kuwait boasts the second largest oil reserves in the GCC, behind Saudi Arabia and is also among the world’s top 10 largest exporters of total oil products. 7. United Arab Emirates Top 20 Countries With The World’s Largest Proven Oil Reserves: Venezuela – 300 billion barrels. Saudi Arabia – 269 billion barrels. Canada – 171 billion barrels. Iran – 157.8 billion barrels. Iraq – 143 billion barrels. Kuwait – 104 billion barrels. Russia – 80 billion barrels. The United States, China, and India are the top consumers of oil products in the world with a share of world’s total of 20%, 13%, and 4% respectively. Oil includes crude oil, all other petroleum liquids, and biofuels. Let’s have a look at full list of top oil producing countries in the world below.

21 Aug 2019 India is the third largest oil consumer in the world. reserves in the world, and has the most spare capacity of any country. Russia—Russia can produce in excess of 10 million barrels per day, or one tenth of the world's oil production. The name of the Russian pipeline operator Transneft is written on the 

Petroleum - Petroleum - Major oil-producing countries: As mentioned above, Saudi Arabia has the second largest proven oil reserves in the world—some 268 Agbami was discovered in 1998 and began to produce some 10 years later. 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  As a result, it's not even in the list of top 10 oil producers. Since most of the government's revenue depended on oil, the country's economy has collapsed. 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  List of countries ranked by Oil - proved reserves. 10, Nigeria, 37,449,998,336 Source: CIA World Factbook - Unless otherwise noted, information in this page Top planning officials are consulting with Chinese government agencies and  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%. these two countries increasing by a factor of four since the start of the 1990s. The increase in prices and investment over the last 10 years Algeria's indigenous oil reserves are the third largest in the African region, after Libya and led consortia continue to keep the UAE near the top of the list of the world's largest crude 

OPEC Member Countries have made significant additions to their oil reserves in recent years, for example, by adopting best practices in the industry, realizing intensive explorations and enhanced recoveries. As a result, OPEC's proven oil reserves currently stand at 1,189.80 billion barrels. For more information: OPEC Annual Statistical Bulletin 2019

Let’s go into detail about the amount of oil that three of these ten countries is responsible for producing, starting with the USA. We’ll talk about China, which is the fifth highest oil producer in the world, and then go into conversation about Kuwait, the country the tenth highest oil production rates to date.

5 Apr 2019 In 2011, the country surpassed Saudi Arabia to top the list of countries having the largest oil reserves. However, the development of this huge 

As a result, it's not even in the list of top 10 oil producers. Since most of the government's revenue depended on oil, the country's economy has collapsed. 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  List of countries ranked by Oil - proved reserves. 10, Nigeria, 37,449,998,336 Source: CIA World Factbook - Unless otherwise noted, information in this page Top planning officials are consulting with Chinese government agencies and  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%. these two countries increasing by a factor of four since the start of the 1990s. The increase in prices and investment over the last 10 years Algeria's indigenous oil reserves are the third largest in the African region, after Libya and led consortia continue to keep the UAE near the top of the list of the world's largest crude  9 May 2019 Guyana's wealth is set to rise after a huge oil discovery but will it be able to Image caption The discovery of huge oil reserves in Guyana could for an oil boom that could catapult it to the top of the continent's rich list - and beyond. it's close to 10% of the city's population who live here, but 10% of the  7 Oct 2019 Does the Middle East really control the world's oil supply? oil reserves, you will notice that no country in the region ranks for the top oil reserves in the world. from the EIA would place it in the #10 place, and move Nigeria into 11 in the world rankings. Can You Name the 30 Largest Cities in the World?

Top 20 Countries With The World’s Largest Proven Oil Reserves: Venezuela – 300 billion barrels. Saudi Arabia – 269 billion barrels. Canada – 171 billion barrels. Iran – 157.8 billion barrels. Iraq – 143 billion barrels. Kuwait – 104 billion barrels. Russia – 80 billion barrels.

10 Countries with the Biggest Forex Reserves. Asian nations dominate foreign currency reserves, accounting for six of the top 10. The Biggest Private Oil Companies in the World. Studies suggest that Russia may still have a lot of undiscovered oil and natural gas reserves. Russia is also the world’s largest natural gas producer and exporter. Saudi Arabia; Average Production in 2015- 11.62 million barrels a day. Saudi Arabia had the largest known oil reserves, an estimated 270 billion barrels, until Venezuela announced that it had more proven reserves in 2010-11. Interestingly, although Iran has a huge amount of oil, the Islamic republic doesn't even make it into the top three when it comes to proven crude oil reserves. Using the data provided by Barclays commodities analyst Michael Cohen, we put together a list of the 10 countries sitting on the greatest amounts of crude oil.

16 Sep 2017 Top 10 Countries With Largest Oil Reserves 2017 we have composed a list of the ten countries with the largest oil reserves in the world,  11 May 2012 Beauty Explorers · Bonkers Closets · Festival Foodies · Movies Insider · The Making Of · The Ultimate List We put together the 15 countries with the highest oil reserves along with Data from BP Statistical Review of World Energy is from 2011, EIA is from 2012 and UBS as of April 2012. #10 Nigeria. <. 27 Feb 2020 Venezuela leads with the highest distribution of global oil reserves, the third- largest share of oil reserves worldwide, at just under 10 percent, primarily The majority of countries with the largest oil reserves in the world are