Top ten countries with the most oil reserves

Top 10 Countries With The Largest Proven Oil Reserves Rank Country Barrels (bbl) 1 Venezuela 298,400,000,000 2 Saudi Arabia 268,300,000,000 3 Canada 171,000,000,000

14 Jun 2013 Figure 1 shows the disposition of the 10 biggest oil producers. proven oil reserves in-situ for any given country when applying current levels of domestic oil Top ten gas producers in 2012, billion cubic metres (source: BP). 30 Jan 2020 (CNN) Here's a look at crude oil reserves and production around the Countries (OPEC) produce about 40% of the world's crude oil, and  16 Jul 2018 The impact on Venezuela — which, like many oil-rich countries, had never With them went most of the managerial expertise and technical know-how PDVSA Accidents and spills began to proliferate, and in 2005, a top energy ministry “ They've probably done some long-term damage to the reservoirs. 3 Venezuela holds the largest proved oil reserves in the world. When enforcement is weak in the host country, China's indifference to good governance adds 

12 Jul 2018 Top oil producing countries (Graphic: Business Wire) despite facing great competition from new factors including the rising trend of production Kuwait oil reserves are 4th largest in the world with 9.5% of the global reserve.

Top 10 Countries With The Largest Proven Oil Reserves Rank Country Barrels (bbl) 1 Venezuela 298,400,000,000 2 Saudi Arabia 268,300,000,000 3 Canada 171,000,000,000 Canada’s oil production is estimated to be approximately 3,592,000 barrels per day and this represents nearly 3.90% of the total oil production in the world which makes the country ranked as the world’s 6 th largest oil producing country. Canada also has about 13% of the oil reserves in the world. The top three oil producing countries are Russia, Saudi Arabia and the United States. While Russia and Saudi Arabia are top reserve countries, the United States is not (with only 1.8% of proven reserves). And Venezuela, the top reserve country, is only the 14 th highest producer Venezuela produces about 3,023,000 barrels of oil per day and is one of the top 10 largest oil producing countries in the world right now. The oil produced by Venezuela accumulates about 3.56% of the total oil production in the world. Most of the big fields in the proved oil reserves are in the Middle East, Venezuela, Canada, and Russia. Here's the number of barrels of proven oil reserves in 2018 for the top 15 countries according to the BP Statistical Review. Under this definition, total world oil production in 2019 averaged 80,622,000 barrels per day. Approximately 68% came from the top ten countries, and an overlapping 44% came from the fourteen current OPEC members, in the table below. The top three producers have in recent history been (alphabetically) Russia, Saudi Arabia, and the United States. The country possesses around 18% of the world's proven petroleum reserves. It ranks as the largest exporter of petroleum, with the oil and gas sectors accounting for about 50% of its GDP and 70% of its export earnings. Saudi Arabia is rich in other natural resources like natural gas, iron ore, gold, and copper.

Proven oil reserves by country, top 30, millions of barrels, 2017 : Venezuela. 300878 million barrels, or 300,878,000,000 barrels. Saudi Arabia. 266455; Canada.

Venezuela produces about 3,023,000 barrels of oil per day and is one of the top 10 largest oil producing countries in the world right now. The oil produced by Venezuela accumulates about 3.56% of the total oil production in the world. Most of the big fields in the proved oil reserves are in the Middle East, Venezuela, Canada, and Russia. Here's the number of barrels of proven oil reserves in 2018 for the top 15 countries according to the BP Statistical Review. Under this definition, total world oil production in 2019 averaged 80,622,000 barrels per day. Approximately 68% came from the top ten countries, and an overlapping 44% came from the fourteen current OPEC members, in the table below. The top three producers have in recent history been (alphabetically) Russia, Saudi Arabia, and the United States. The country possesses around 18% of the world's proven petroleum reserves. It ranks as the largest exporter of petroleum, with the oil and gas sectors accounting for about 50% of its GDP and 70% of its export earnings. Saudi Arabia is rich in other natural resources like natural gas, iron ore, gold, and copper. Top 5 Countries with the Most Oil Reserves. Mar 13, 2020. Disasters Top 5 Worst Oil Spills in History. Mar 11, 2020. Tourism Top 5 Most Visited Countries in the World 2012. Mar 8, 2020. Energy Top 5 Countries that Consume the Most Electricity. Mar 5, 2020. Buildings Top 5 Tallest Buildings in the World. Russia is the largest country in the world by area, entirely covering Northern Asia and the majority of Eastern Europe. It has one of the largest economies in the world, sustained by the extensive natural resources in the country. It is a world leader when it comes to oil and natural gas reserves. Algeria, at 2.38 million square kilometers, is the tenth-largest country in the world by area and the only African country in the top 10. Situated in Northern Africa, Algeria has a Mediterranean coastline 998 km long. 90% of the country is desert, and much of its desert areas are highly elevated.

14 Jun 2013 Figure 1 shows the disposition of the 10 biggest oil producers. proven oil reserves in-situ for any given country when applying current levels of domestic oil Top ten gas producers in 2012, billion cubic metres (source: BP).

The Permian Basin, which covers 75,000 square miles over West Texas and southeast New Mexico, is the most prolific oil producing basin in the country – so much so that it's become difficult to

Canada’s oil production is estimated to be approximately 3,592,000 barrels per day and this represents nearly 3.90% of the total oil production in the world which makes the country ranked as the world’s 6 th largest oil producing country. Canada also has about 13% of the oil reserves in the world.

14 Nov 2019 About 95% of the world's oil reserves belong to only a few nations. These days, world oil and its derivatives are the most actively traded century, the United States was on the list of top ten oil producing countries and, thus,  Nigeria holds the second largest crude oil reserves in Africa, and the eleventh largest in the world. The country has 37 billion barrels of proved crude oil  14 Feb 2014 Libya holds the largest proven crude oil reserves and the fourth largest which makes securing energy sources one of India's top priorities. Proven oil reserves by country, top 30, millions of barrels, 2017 : Venezuela. 300878 million barrels, or 300,878,000,000 barrels. Saudi Arabia. 266455; Canada. largest proven oil reserves in the world. third-highest ranked country in terms of proven global reserves. Over time, our province has done a very good and. 9 May 2019 Infographic shows crude oil reserves, billion barrels. The countries with the most oil reserves News & Fox / Good Week Bad Week. 3.

The Permian Basin, which covers 75,000 square miles over West Texas and southeast New Mexico, is the most prolific oil producing basin in the country – so much so that it's become difficult to The UAE is one of the wealthiest countries in the world, thanks in large part to its rich oil and natural gas reserves. A member of the United Nations and a founding member of the Gulf Cooperation Council, the UAE has a very strong economic influence and has solid international alliances. Zurich and Geneva, Switzerland's most well-known cities, have consistently ranked among the top ten worldwide in terms of standards of living. 8. Kuwait - $66,390 GDP Per Capita (PPP) Country GDP (billions): 137.59; GDP growth (% annual): 0.6; Unemployment rate (%, World Bank): 2.2; Kuwait is a small country on the Arabian Peninsula.