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)
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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 November 22, 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 22, 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 22, 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 22, 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/
