Biggest Oil Reserves

Who's Got The Most Oil?

Big movements in the price of oil can have
significant effects in the general economy, and
although the commodity is off its all-time
highs, countries with the most oil within their
borders are set for big profits as demand for
crude continues to rise.
With much of the world's existing reserves
found in the Middle East, Gulf of Mexico and a
few other locations around the globe,
individual countries benefit incredibly from
their surprisingly high concentrations of oil.
As of 2008, the US government estimates that
the world has proved reserves in the
neighborhood of 1.36 trillion barrels. . .
15. Mexico
Proved Oil Reserves: 11.65 billion barrels

Daily Numbers:
Total Oil Production: 3.19 million barrels
Crude Oil Production: 2.79 million barrels
Consumption: 2.13 million barrels
Exports to US (2007): 1.54 million barrels
14. Qatar
Proved Oil Reserves: 15.2 billion barrels

Daily Numbers:
Total Oil Production: 1.2 million barrels
Crude Oil Production: 940,000 barrels
Consumption: 120,000 barrels
Exports to US (2007): 2,000 barrels

Pictured: Oil Refinery in Qatar
Proved Oil Reserves: 16 billion barrels

Daily Numbers:
Total Oil Production: 3.97 million barrels
Crude Oil Production: 3.79 million barrels
Consumption: 7.57 million barrels
Exports to US (2007): 13,000 barrels

Pictured: Off shore oil in China
12. United States
Proved Oil Reserves: 21.3 billion barrels

Daily Numbers:
Total Oil Production: 8.51 million barrels
Total Crude Production: 4.95 million barrels
Consumption: 19.48 million barrels

Pictured: Chevron El Segundo Refinery,
California
11. Kazakhstan
Proved Oil Reserves: 30 billion barrels

Daily Numbers:
Total Oil Production: 1.43 million barrels
Crude Oil Production: 1.35 million barrels
Consumption: 239,000 barrels
Exports to US (2007): 19,000 barrels

Pictured: Control station of the Atasu-
Alashenkou pipeline in Atasu, Kazakhsta
10. Nigeria
Proved Oil Reserves: 36.2 billion barrels

Daily Numbers:
Total Oil Production: 2.168 million barrels
Crude Oil Production: 2.165 million barrels
Consumption: 286,000 barrels
Exports to US (2007): 1.13 million barrels

Pictured: Boy walks along oil pipeline belonging
to the Agip Oil company in Idu Ogba, Niger
9. Libya
Proved Oil Reserves: 41.5 billion barrels

Daily Numbers:
Total Oil Production: 1.88 million barrels
Crude Oil Production: 1.74 million barrels
Consumption: 273,000 barrels
Exports to US (2007): 117,000 barrels

Pictured: Tripoli skyline at night, Libya
8. Russia
Proved Oil Reserves: 60 billion barrels

Daily Numbers:
Total Oil Production: 9.79 million barrels
Crude Oil Production: 9.36 million barrels
Consumption: 2.9 million barrels
Exports to US (2007): 414,000 barrels

Pictured: Reservoirs at Priobskoye oil field,
Siberia, Russia
7. Venezuela
Proved Oil Reserves: 87.03 billion barrels

Daily Numbers:
Total Oil Production: 2.64 million barrels
Crude Oil Production: 2.39 million barrels
Consumption: 760,000 barrels
Exports to US (2007): 1.36 million barrels

Pictured: El Palito oil refinery, Puerto Cabello,
Venezuela
6. United Arab Emirates
Proved Oil Reserves: 97.8 billion barrels

Daily Numbers:
Total Oil Production: 3.05 million barrels
Crude Oil Production: 2.68 million barrels
Consumption: 463,000 barrels
Exports to US (2007): 10,000 barrels

Pictured: Refinery worker rides a bicycle at an oil
processing plant in Jebel Ali, Dubai, United Arab
Emirates.
5. Kuwait
Proved Oil Reserves: 104 billion barrels

Daily Numbers:
Total Oil Production: 2.74 million barrels
Crude Oil Production: 2.59 million barrels
Consumption: 325,000 barrels
Exports to US (2007): 181,000 barrels
4. Iraq
Proved Oil Reserves: 115 billion barrels

Daily Numbers:
Total Oil Production: 2.39 million barrels
Crude Oil Production: 2.38 million barrels
Consumption: 638,000 barrels
Exports to US (2007): 484,000 barrels

Pictured: Beiji Oil refinery, Iraq
3. Iran
Proved Oil Reserves: 138.4 billion barrels

Daily Numbers:
Total Oil Production: 4.17 million barrels
Crude Oil Production: 4.05 million barrels
Consumption: 1.8 million barrels
Exports to US (2007): 0

Pictured: Oil refinery and petrochemical
complex, Mahshahr, Iran
2. Canada
Proved Oil Reserves: 178.59 billion barrels

Daily Numbers:
Total Oil Production: 3.350 million barrels
Crude Oil Production: 2.59 million barrels
Consumption: 2.26 million barrels
Exports to US (2007): 2.45 million barrels
1. Saudi Arabia
Proved Oil Reserves: 266.7 billion barrels

Daily Numbers:
Total Oil Production: 10.7 million barrels
Crude Oil Production: 9.26 million barrels
Consumption: 2.29 million barrels
Exports to US (2007): 1.49 million barrels

Pictured: Saudi Arabian Oil Refinery