According to the U.S. Energy Information Administration, the countries of the Middle East have the largest oil reserves, totaling over 739,000,000,000 barrels. This is more than half of the known reserves in the world of 1,317,447,000,000 barrels.
The United States has roughly seven times the known reserves of oil then all of the Middle East. The Green Valley reserve has 4 trillion to 7 trillion barrels in it. The Baikan Reserve also has about 2 trillion barrels located inside of it. Neither of these reserves are currently used.
The Middle East has the largest portion of tapped and pumping reserves in the world.
Venezuela has the largest oil reserves in Latin America.
Venezuela has the most oil reserves in the Western Hemisphere and the world.
Libya has the largest supply of oil reserves in North Africa. It is estimated to hold the largest proven oil reserves in Africa.
Algeria is the North African country with the largest supply of oil reserves.
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 largest oil reserves in Latin America.
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.
No, Libya has the largest oil reserves in North Africa. Algeria probably has the second largest oil reserves in North Africa, though.
there are no proven oil reserves in Nepal.
Venezuela has the most oil reserves in the Western Hemisphere and the world.
Libya has the largest supply of oil reserves in North Africa. It is estimated to hold the largest proven oil reserves in Africa.
Algeria is the North African country with the largest supply of oil reserves.
Kazakhstan is the CIS nation with the largest oil reserves. It is estimated to have significant oil reserves in the Caspian Sea region.
The largest oil reserves in the world are located in Saudi Arabia. The country holds approximately 16% of the world's proven oil reserves.
Texas and Alaska have the largest petroleum or oil reserves in the United States.
Saudi Arabia has the largest oil reserves in the region.
There has been discovery of many oil reserves in Africa. Nigeria has the most oil reserves in the African continent.