Oil Deposits Ranked

 

Largest proven oil deposits (reserves) by country
(latest widely cited 2024–2026 estimates; figures in billion barrels)

Rank	Country	Proven oil reserves
1	Venezuela	~303
2	Saudi Arabia	~267
3	Iran	~208–209
4	Canada	~163
5	Iraq	~145
6	United Arab Emirates	~113
7	Kuwait	~101–102
8	Russia	~80
9	United States	~45–74 (varies by source)
10	Libya	~48

Key points

• Venezuela holds the world’s largest proven reserves, mainly heavy crude in the Orinoco Belt.
• The Middle East dominates the top ranks (Saudi Arabia, Iran, Iraq, UAE, Kuwait).
• Canada’s reserves are largely oil sands, which are more expensive to extract.
• The U.S. produces more oil than any country, but its proven reserves are smaller than those of the top Middle Eastern and South American nations.

If you want, I can:

• Make an infographic image of this ranking.
• Show top oil-producing countries instead of reserves.
• Break down major oil fields (like Ghawar, Orinoco, Permian Basin).