Biggest Oil Reserves
Who's Got The Most Oil?
• Big movements in the price of oil can have
significant effects in the general economy, and
although the commodity is off its all-time
highs, countries with the most oil within their
borders are set for big profits as demand for
crude continues to rise.
• With much of the world's existing reserves
found in the Middle East, Gulf of Mexico and a
few other locations around the globe,
individual countries benefit incredibly from
their surprisingly high concentrations of oil.
• As of 2008, the US government estimates that
the world has proved reserves in the
neighborhood of 1.36 trillion barrels. . .
15. Mexico
• Proved Oil Reserves: 11.65 billion barrels
Daily Numbers:
Total Oil Production: 3.19 million barrels
Crude Oil Production: 2.79 million barrels
Consumption: 2.13 million barrels
Exports to US (2007): 1.54 million barrels
14. Qatar
• Proved Oil Reserves: 15.2 billion barrels
Daily Numbers:
Total Oil Production: 1.2 million barrels
Crude Oil Production: 940,000 barrels
Consumption: 120,000 barrels
Exports to US (2007): 2,000 barrels
Pictured: Oil Refinery in Qatar
• Proved Oil Reserves: 16 billion barrels
Daily Numbers:
Total Oil Production: 3.97 million barrels
Crude Oil Production: 3.79 million barrels
Consumption: 7.57 million barrels
Exports to US (2007): 13,000 barrels
Pictured: Off shore oil in China
12. United States
• Proved Oil Reserves: 21.3 billion barrels
Daily Numbers:
Total Oil Production: 8.51 million barrels
Total Crude Production: 4.95 million barrels
Consumption: 19.48 million barrels
Pictured: Chevron El Segundo Refinery,
California
11. Kazakhstan
• Proved Oil Reserves: 30 billion barrels
Daily Numbers:
Total Oil Production: 1.43 million barrels
Crude Oil Production: 1.35 million barrels
Consumption: 239,000 barrels
Exports to US (2007): 19,000 barrels
Pictured: Control station of the AtasuAlashenkou pipeline in Atasu, Kazakhsta
10. Nigeria
• Proved Oil Reserves: 36.2 billion barrels
Daily Numbers:
Total Oil Production: 2.168 million barrels
Crude Oil Production: 2.165 million barrels
Consumption: 286,000 barrels
Exports to US (2007): 1.13 million barrels
Pictured: Boy walks along oil pipeline belonging
to the Agip Oil company in Idu Ogba, Niger
9. Libya
• Proved Oil Reserves: 41.5 billion barrels
Daily Numbers:
Total Oil Production: 1.88 million barrels
Crude Oil Production: 1.74 million barrels
Consumption: 273,000 barrels
Exports to US (2007): 117,000 barrels
Pictured: Tripoli skyline at night, Libya
8. Russia
• Proved Oil Reserves: 60 billion barrels
Daily Numbers:
Total Oil Production: 9.79 million barrels
Crude Oil Production: 9.36 million barrels
Consumption: 2.9 million barrels
Exports to US (2007): 414,000 barrels
Pictured: Reservoirs at Priobskoye oil field,
Siberia, Russia
7. Venezuela
• Proved Oil Reserves: 87.03 billion barrels
Daily Numbers:
Total Oil Production: 2.64 million barrels
Crude Oil Production: 2.39 million barrels
Consumption: 760,000 barrels
Exports to US (2007): 1.36 million barrels
Pictured: El Palito oil refinery, Puerto Cabello,
Venezuela
6. United Arab Emirates
• Proved Oil Reserves: 97.8 billion barrels
Daily Numbers:
Total Oil Production: 3.05 million barrels
Crude Oil Production: 2.68 million barrels
Consumption: 463,000 barrels
Exports to US (2007): 10,000 barrels
Pictured: Refinery worker rides a bicycle at an oil
processing plant in Jebel Ali, Dubai, United Arab
Emirates.
5. Kuwait
• Proved Oil Reserves: 104 billion barrels
Daily Numbers:
Total Oil Production: 2.74 million barrels
Crude Oil Production: 2.59 million barrels
Consumption: 325,000 barrels
Exports to US (2007): 181,000 barrels
4. Iraq
• Proved Oil Reserves: 115 billion barrels
Daily Numbers:
Total Oil Production: 2.39 million barrels
Crude Oil Production: 2.38 million barrels
Consumption: 638,000 barrels
Exports to US (2007): 484,000 barrels
Pictured: Beiji Oil refinery, Iraq
3. Iran
• Proved Oil Reserves: 138.4 billion barrels
Daily Numbers:
Total Oil Production: 4.17 million barrels
Crude Oil Production: 4.05 million barrels
Consumption: 1.8 million barrels
Exports to US (2007): 0
Pictured: Oil refinery and petrochemical
complex, Mahshahr, Iran
2. Canada
• Proved Oil Reserves: 178.59 billion barrels
Daily Numbers:
Total Oil Production: 3.350 million barrels
Crude Oil Production: 2.59 million barrels
Consumption: 2.26 million barrels
Exports to US (2007): 2.45 million barrels
1. Saudi Arabia
• Proved Oil Reserves: 266.7 billion barrels
Daily Numbers:
Total Oil Production: 10.7 million barrels
Crude Oil Production: 9.26 million barrels
Consumption: 2.29 million barrels
Exports to US (2007): 1.49 million barrels
Pictured: Saudi Arabian Oil Refinery