The countries with the largest oil reserves as of January 1, 2015 are as follows:
(Per barrel)
Venezuela has the largest oil reserves in Latin America.
The largest oil reserves in the world are located in Saudi Arabia. The country holds approximately 16% of the world's proven oil reserves.
Venezuela has the most oil reserves in the Western Hemisphere and the world.
Venezuela has the largest oil reserves in the world, with significant deposits located in the Orinoco Belt.
Saudi ArabiaProven oil reserves (billion barrels):267.91Total oil supply in 2012 (thousand barrels per day): 11,545.7Saudi Arabia has almost one-fifth of the world's proven oil reserves and ranks as the largest producer and exporter of oil in the world.
Venezuela has the largest oil reserves in Latin America.
The largest oil reserves in the world are located in Saudi Arabia. The country holds approximately 16% of the world's proven oil reserves.
The largest known oil reserves in Russia at this time are found in Siberia.
Venezuela has the most oil reserves in the Western Hemisphere and the world.
Right. Mexico is one of the largest producers of oil in the world.
cause oil oil reserves were found underneath the sand dunes.
Venezuela has the largest oil reserves in the world, with significant deposits located in the Orinoco Belt.
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Algeria famous because it is the tenth largest country in the world, the 17th largest oil reserves in the world and the 9th largest reserves of natural gas.
Largest reserves of oil is in the Middle East 56%, North Amercia 16%, Africa 9%, Central and South America 8%, Eurasia 7%, Asia 3% and Europe 1%.
The largest oil reserves in the United States of America are in Alaska. These oil reserves are not used as a main source of oil in the US.
Saudi ArabiaProven oil reserves (billion barrels):267.91Total oil supply in 2012 (thousand barrels per day): 11,545.7Saudi Arabia has almost one-fifth of the world's proven oil reserves and ranks as the largest producer and exporter of oil in the world.