Article: Top 10 - Proven Oil Reserve Countries

Top 10 - Proven Oil Reserve Countries

This is a list of countries with proven reachable oil reserves in billions of barrels, and is a rough estimate based on the ability to recover the oil by current technological and economical means.



Saudi Arabia - 262



Saudi Arabia is the largest exporter of petroleum in the world, and plays a leading role in OPEC, which stands for The Organization of the Petroleum Exporting Countries; an international organization made up of eleven oil producing nations.



Canada - 180



Canada's Athabasca Oil Sands Project is what puts Canada on the map in this list. Current surface mining techniques and in-situ methods to extract bitumen from the oil sands make for an overwhelmingly positive future for Canada's oil industry.



Iran - 126...
 

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Top 10 - Proven Oil Reserve Countries

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