Saudi Arabia has approximately 38.9 billion metric tons of conventional crude oil reserves. This made it the country with the largest conventional oil reserves in the world. By comparison, the United States, the world's leading oil producer, held around 5.3 billion metric tons in conventional oil reserves.
Countries with largest conventional oil reserves worldwide in 2022
(in million metric tons)
Characteristic
Reserves in million metric tons
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BGR. (January 10, 2024). Countries with largest conventional oil reserves worldwide in 2022 (in million metric tons) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/264762/countries-with-the-largest-conventional-oil-reserves/
BGR. "Countries with largest conventional oil reserves worldwide in 2022 (in million metric tons)." Chart. January 10, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/264762/countries-with-the-largest-conventional-oil-reserves/
BGR. (2024). Countries with largest conventional oil reserves worldwide in 2022 (in million metric tons). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/264762/countries-with-the-largest-conventional-oil-reserves/
BGR. "Countries with Largest Conventional Oil Reserves Worldwide in 2022 (in Million Metric Tons)." Statista, Statista Inc., 10 Jan 2024, https://www.statista.com/statistics/264762/countries-with-the-largest-conventional-oil-reserves/
BGR, Countries with largest conventional oil reserves worldwide in 2022 (in million metric tons) Statista, https://www.statista.com/statistics/264762/countries-with-the-largest-conventional-oil-reserves/ (last visited August 24, 2024)
Countries with largest conventional oil reserves worldwide in 2022 (in million metric tons) [Graph], BGR, January 10, 2024. [Online]. Available: https://www.statista.com/statistics/264762/countries-with-the-largest-conventional-oil-reserves/