Top 10 Countries with the Largest Oil Reserves

The following nations top the list for provable oil reserves:
 

1. Venezuela tops the list with 303 billion barrels of proven reserves.
2. Saudi Arabia holds 266 billion barrels of proven reserves and is the leader of OPEC.
3. Canada has 167 billion barrels of proven reserves, primarily in the oil sands of Alberta.
4. Iran has 155 billion barrels and is a significant player in the global oil market, despite facing U.S. sanctions.
5. Iraq holds approximately 145 billion barrels, and is an important player in the Middle East and OPEC.
6. Russia holds 80 billion barrels of proven reserves, making it a dominant force in non-OPEC oil production.
7. The United Arab Emirates has 111 billion barrels of proven reserves, mainly in Abu Dhabi.
8. Kuwait has 101 billion barrels of proven oil reserves and is a vital OPEC member.
9. The USA has as many as 74 billion barrels.
10. Libya has 48 billion barrels, the largest in Africa's largest reserves.

Honorable mention: Nigeria, 42 million barrels and a larger current producer than Libya.
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