The United States, China, and India are the top consumers of oil products in the world with a share of world’s total of 20%, 13%, and 4% respectively. Oil includes crude oil, all other petroleum liquids, and biofuels. Let’s have a look at full list of top oil producing countries in the world below. Top 10 Countries With the Biggest Crude Oil Reserves. 1. Venezuela: 300.9 Gbbl. 2. Saudi Arabia: 266.5 Gbbl. 3. Canada: 169.7 Gbbl. 4. Iran: 158.4 Gbbl. 5. Iraq: 142.5 Gbbl. Venezuela has the largest amount of oil reserves in the world with 300.9 billion barrels. Saudi Arabia has the second-largest amount of oil reserves in the world with 266.5 billion barrels. Despite Venezuela’s large supply of natural resources, the country still struggles economically and its people are going hungry. Oil Reserves of Russia are calculated as 80 Billion Barrels; it has a supply of 10,397 Thousand Barrels per day which makes it one of the top 10 countries with oil reserves. Natural gas reserves of Russia are largest in the world , it also holds the 2 nd largest reserves of coal all over the world.

30 Mar 2014 4) Basra, Iraq Iraq has the 4th largest oil reserves in the world at an estimated 115 billion barrels. The province of Basra is home to some of 

Top 10 Countries With The World’s Biggest Oil Reserves. 1. Venezuela. Proven oil reserves in 2013 (billion barrels): 297.6. Total oil supply in 2012 (thousand barrels per day): 2,489.2. Venezuela 2. Saudi Arabia. 3. Canada. 4. Iran. 5. Iraq. The company was formed in 1999 through a merger between Exxon and Mobil oil companies. Exxon Mobil ranks in the seventh position in the world’s largest companies in terms of revenue and market capitalisation. It leads as the largest petroleum products in the word with a daily capacity of 6.3 million barrels. This is a list of top 10 oil-producing countries in the world as of 2020. The United States, Russia, and Saudi Arabia still remain the top three highest oil-producing countries in the world according to the latest report by The U.S. Energy Information Administration (EIA). On a global basis, Rystad estimates that the world has about 2,092 billion barrels of reserves, or about 70 years’ worth of oil at today’s production rate of 30 billion barrels per year.

Source: wikimedia.org. In addition to making it into the top 10 oil reserves in the world, the United States also consumes more oil and natural gas than any other nation in the world. Nearly 40% of America’s oil is obtained in the state of Texas alone, and the Marcellus Shale Area that stretches from New York to West Virginia complements America’s fossil fuel industry with the most gas

Iran's oil contains about 10% of the world's proven petroleum reserve. More than half of Iran's oil reserves are found in five giant fields, the largest field being the  In the chapters “Reserves/Production Ratio” and “Production/Consumption Ratio” , the list of the “The world top. 10…” is drawn up by selecting the largest  Trends in proven oil reserves in top five countries, 1980–2013 (data from US Energy Information Administration) A map of world oil reserves according to OPEC, January 2014 This is a list of countries by proven oil reserves . Source: wikimedia.org. In addition to making it into the top 10 oil reserves in the world, the United States also consumes more oil and natural gas than any other nation in the world. Nearly 40% of America’s oil is obtained in the state of Texas alone, and the Marcellus Shale Area that stretches from New York to West Virginia complements America’s fossil fuel industry with the most gas

Top 10 Countries With The World’s Biggest Oil Reserves. 1. Venezuela. Proven oil reserves in 2013 (billion barrels): 297.6. Total oil supply in 2012 (thousand barrels per day): 2,489.2. Venezuela 2. Saudi Arabia. 3. Canada. 4. Iran. 5. Iraq.

Venezuela has the largest oil reserves of any country in the world, with more than 300 billion barrels of proven reserves. In 2011, the country surpassed Saudi Arabia to top the list of countries having the largest oil reserves. Top 10 Countries With The World’s Biggest Oil Reserves. 1. Venezuela. Proven oil reserves in 2013 (billion barrels): 297.6. Total oil supply in 2012 (thousand barrels per day): 2,489.2. Venezuela 2. Saudi Arabia. 3. Canada. 4. Iran. 5. Iraq.

Venezuela has the largest oil reserves of any country in the world, with more than 300 billion barrels of proven reserves. In 2011, the country surpassed Saudi Arabia to top the list of countries having the largest oil reserves.

10 Nov 2019 The discovery, if verified, could bolster the country's proven reserves by a third as it 10, 2019. TEHRAN, Iran — Iran has discovered an oil field in the Iran has the world's fourth-largest proven deposits of crude oil and the  30 Jan 2020 (CNN) Here's a look at crude oil reserves and production around the world. Facts. Crude oil is a form of liquid petroleum, extracted from rock  28 Aug 2019 America has become the top oil-producing country in the world, due in part to the Here are the top 10 U.S.-headquartered companies:  1 Mar 2017 The AER's recovery factors shown in Table 1 are either nominal (10 percent) Alberta's recoverable reserves of oil are, still conservatively, the 

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