As of 2018, the proven oil reserves for Saudi Arabia was 266.2 billion barrels. The world's largest oil reserves can be found in the Middle East region. Saudi Arabia has the second largest world reserves right behind Venezuela.
Volume of oil reserves in the Middle East in 2018, by country
(in billion barrels)
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ThoughtCo. (October 7, 2019). Volume of oil reserves in the Middle East in 2018, by country (in billion barrels) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1123818/middle-east-oil-reserves-by-country/
ThoughtCo. "Volume of oil reserves in the Middle East in 2018, by country (in billion barrels)." Chart. October 7, 2019. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1123818/middle-east-oil-reserves-by-country/
ThoughtCo. (2019). Volume of oil reserves in the Middle East in 2018, by country (in billion barrels). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1123818/middle-east-oil-reserves-by-country/
ThoughtCo. "Volume of Oil Reserves in The Middle East in 2018, by Country (in Billion Barrels)." Statista, Statista Inc., 7 Oct 2019, https://www.statista.com/statistics/1123818/middle-east-oil-reserves-by-country/
ThoughtCo, Volume of oil reserves in the Middle East in 2018, by country (in billion barrels) Statista, https://www.statista.com/statistics/1123818/middle-east-oil-reserves-by-country/ (last visited December 19, 2024)
Volume of oil reserves in the Middle East in 2018, by country (in billion barrels) [Graph], ThoughtCo, October 7, 2019. [Online]. Available: https://www.statista.com/statistics/1123818/middle-east-oil-reserves-by-country/