As of March 16, 2025, the countries with the largest proven oil reserves are:
1. Venezuela: Approximately 303.8 billion barrels, accounting for about 17.5% of the world's total reserves.
2. Saudi Arabia: Around 297.5 billion barrels, representing roughly 17.2% of global reserves.
3. Canada: Approximately 168.1 billion barrels, making up about 9.8% of the world's reserves.
4. Iran: Around 157.8 billion barrels, constituting about 9.0% of global reserves.
5. Iraq: Approximately 145 billion barrels, accounting for about 8.4% of the world's total reserves.
6. Kuwait: Around 101.5 billion barrels, representing roughly 6.1% of global reserves.
7. United Arab Emirates: Approximately 97.8 billion barrels, making up about 5.6% of the world's reserves.
8. Russia: Around 80 billion barrels, constituting about 4.8% of global reserves.
9. Libya: Approximately 48.4 billion barrels, accounting for about 2.8% of the world's total reserves.
10. United States: Around 47.1 billion barrels, representing roughly 2.7% of global reserves.
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Countries With The Biggest Oil Reserves....