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List of Top 10 Oil Reserves Countries in the World |
Rank | Country | Oil Reserves (Billion Barrels) | % of World Total |
---|---|---|---|
1 | Venezuela | 297.6 | 18.2 |
2 | Saudi Arabia | 265.4 | 16.2 |
3 | Canada | 173.1 | 10.6 |
4 | Iran | 154.6 | 9.4 |
5 | Iraq | 141.4 | 8.6 |
6 | Kuwait | 101.5 | 6.2 |
7 | UAE | 97.8 | 6 |
8 | Russia | 80 | 4.9 |
9 | Libya | 48 | 2.9 |
10 | Nigeria | 37.2 | 2.3 |
SOURCE: U.S. Energy Information Administration, International Energy Outlook 2013