Venezuela is the OPEC member state with the largest crude oil reserves. In 2022, the South American country had an estimated reserve of some 303.22 billion barrels. In that same year, the average annual OPEC crude oil price was some 100 U.S. dollars per barrel. OPEC stands for the Organization of the Petroleum Exporting Countries and was established in Iraq in 1960.
Crude oil reserves in OPEC countries in 2012 and 2022
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2012
2022
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OPEC. (December 14, 2023). Crude oil reserves in OPEC countries in 2012 and 2022 (in billion barrels) [Graph]. In Statista. Retrieved July 07, 2024, from https://www.statista.com/statistics/273339/oil-reserves-in-opec-countries/
OPEC. "Crude oil reserves in OPEC countries in 2012 and 2022 (in billion barrels)." Chart. December 14, 2023. Statista. Accessed July 07, 2024. https://www.statista.com/statistics/273339/oil-reserves-in-opec-countries/
OPEC. (2023). Crude oil reserves in OPEC countries in 2012 and 2022 (in billion barrels). Statista. Statista Inc.. Accessed: July 07, 2024. https://www.statista.com/statistics/273339/oil-reserves-in-opec-countries/
OPEC. "Crude Oil Reserves in Opec Countries in 2012 and 2022 (in Billion Barrels)." Statista, Statista Inc., 14 Dec 2023, https://www.statista.com/statistics/273339/oil-reserves-in-opec-countries/
OPEC, Crude oil reserves in OPEC countries in 2012 and 2022 (in billion barrels) Statista, https://www.statista.com/statistics/273339/oil-reserves-in-opec-countries/ (last visited July 07, 2024)
Crude oil reserves in OPEC countries in 2012 and 2022 (in billion barrels) [Graph], OPEC, December 14, 2023. [Online]. Available: https://www.statista.com/statistics/273339/oil-reserves-in-opec-countries/