Countries with the Most Oil Reserves 🛢

1. 🇻🇪 Venezuela – 303 Billion Barrels

2. 🇸🇦 Saudi Arabia – 267 Billion

3. 🇮🇷 Iran – 209 Billion

4. 🇨🇦 Canada – 163 Billion

5. 🇮🇶 Iraq – 145 Billion

6. 🇦🇪 UAE – 113 Billion

7. 🇰🇼 Kuwait – 102 Billion

8. 🇷🇺 Russia – 80 Billion

9. 🇱🇾 Libya – 48 Billion

10. 🇺🇸 United States – 45 Billion

11. 🇳🇬 Nigeria – 37 Billion

12. 🇰🇿 Kazakhstan – 30 Billion

13. 🇨🇳 China – 28 Billion

14. 🇶🇦 Qatar – 25 Billion

15. 🇧🇷 Brazil – 16 Billion

16. 🇩🇿 Algeria – 12 Billion

17. 🇪🇨 Ecuador – 8 Billion

18. 🇦🇿 Azerbaijan – 7 Billion

19. 🇳🇴 Norway – 7 Billion

20. 🇲🇽 Mexico – 5 Billion

21. 🇸🇩 Sudan – 5 Billion

22. 🇮🇳 India – 5 Billion

23. 🇴🇲 Oman – 5 Billion

24. 🇻🇳 Vietnam – 4 Billion

25. 🇪🇬 Egypt – 3 Billion

26. 🇦🇷 Argentina – 3 Billion

27. 🇲🇾 Malaysia – 3 Billion

28. 🇦🇴 Angola – 3 Billion

29. 🇮🇩 Indonesia – 2 Billion

30. 🇨🇴 Colombia – 2 Billion

31. 🇬🇦 Gabon – 2 Billion

32. 🇨🇬 Congo – 2 Billion

33. 🇦🇺 Australia – 2 Billion

34. 🇬🇧 United Kingdom – 2 Billion

35. 🇧🇳 Brunei – 1 Billion

36. 🇬🇶 Equatorial Guinea – 1 Billion

37. 🇹🇲 Turkmenistan – 600 Million

38. 🇺🇿 Uzbekistan – 600 Million

39. 🇺🇦 Ukraine – 400 Million

40. 🇩🇰 Denmark – 370 Million

41. 🇧🇾 Belarus – 200 Million

42. 🇨🇱 Chile – 150 Million Barrels

Note: Figures as at year-end as of 2024. Data includes oil sands.

Source: OPEC via Visual Capitalist