Oil Reserves

Greatest oil reserves by country (2019). Venezuela has replaced Saudi Arabia as the country with the largest oil reserves.

Rank Country Million
barrels
1 Venezuela 300,878
2 Saudi Arabia 266,455
3 Canada 169,709
4 Iran 158,400
5 Iraq 142,503
6 Kuwait 101,500
7 UAE 97,800
8 Russia 80,000
9 Libya 48,000
10 Nigeria 37,062
11 United States 35,000
12 Kazakhstan 30,000
13 China 25,620
14 Qatar 25,244
15 Brazil 12,999
16 Mexico 7,300
17 Norway 6,611
18 India 4,600
19 Indonesia 3,600
20 United Kingdom 2,564
21 Argentina 2,185
22 Australia 1,821
23 Italy 557
24 Denmark 491
25 Spain 150
26 Germany 145
27 Poland 138
28 France 72
29 Japan 44
30 Greece 10
Total 1,561,458