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)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
BGR. (January 10, 2024). Countries with largest conventional oil reserves worldwide in 2022 (in million metric tons) [Graph]. In Statista. Retrieved November 01, 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 November 01, 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: November 01, 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 November 01, 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/
