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Counties with the largest Oil Reserves

Countries with the Largest Oil Reserves & Oil Producers

In the list of the countries with the largest oil reserves -in the top position is found Saudi Arabia controlling 263 billions of barrels (22,3%). Iran comes in the second place holding 132 billions of barrels (11,2%) and Iraq is found in the third place holding 115 billions of barrels (9,7%). 

Largest Producers

Saudi Arabia, Russia and USA are in the top positions in the list of producing oil countries.  

Table: The Biggest Oil Producing Countries (source: BP)

 

 

Graph: Countries with the Largest Oil Reserves (source: BP)

 

Read more on Trading Center:

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