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List of Top 10 Oil Reserves Countries in the World |
| Rank | Country | Oil Reserves (Billion Barrels) | % of World Total |
|---|---|---|---|
| 1 | Venezuela | 297.6 | 18.2 |
| 2 | Saudi Arabia | 265.4 | 16.2 |
| 3 | Canada | 173.1 | 10.6 |
| 4 | Iran | 154.6 | 9.4 |
| 5 | Iraq | 141.4 | 8.6 |
| 6 | Kuwait | 101.5 | 6.2 |
| 7 | UAE | 97.8 | 6 |
| 8 | Russia | 80 | 4.9 |
| 9 | Libya | 48 | 2.9 |
| 10 | Nigeria | 37.2 | 2.3 |
SOURCE: U.S. Energy Information Administration, International Energy Outlook 2013
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