Iraq has the second largest proven oil reserves in the world after Saudi Arabia with 112 billion barrels.
Data from 2006:20687.42 thousand barrels per daywhich makes 7550755 thousand barrels per year.(7550755000)There are about 80 million barrals of gas that are used per year.
On average, humans consume around 100 million barrels of oil per day worldwide. This oil is used for various purposes, including transportation, heating, and industrial processes.
The answer to this question can vary, actually. The number one exporter, Saudia Arabia, and the number two, Russia, have been to known to swap places now and then depending on OPEC limits. Russia is not a member of OPEC and does not adhere to to its limits on export and production.
The United States is typically ranked as one of the top oil producers in the world, often competing with countries like Saudi Arabia and Russia. In recent years, the US has been ranked as either the first or second largest oil producer globally.
The highest producing oil well in history is the Ghawar Field in Saudi Arabia. It has been in production since the 1950s and has produced over 65 billion barrels of oil to date. It is considered one of the largest and most productive oil fields in the world.
Kuwait has about 103 billion barrels of oil reserves.
ALOT. 700mil barrels
Up to 4.3 billion barrels of oil
707 Million Barrels as of August 16th, 2008 with a capacity of 727 million barrels.
The country of Saudi Arabia has the largest oil reserve in the world with over 100 billion oil barrels. The second largest oil reserve in the world is Iraq with over 21 billion barrels.
Canada has 179 billion barrels of oil in reserve. The US has only 26.5 billion barrels of oil in reserve.
At the end of 2008, the US had about 714,000,000 barrelsof crude oil in the Strategic Petroleum Reserve.
1000 barrels
100,000 barrels of oil.
60billion barrels
Venezuela currently has the largest oil reserve. Saudi Arabia used to have the largest, but was recently surpassed, as Venezuela's deposits were at 296.5 billion barrels at the end of 2013.
60billion barrels