World’s Largest Oil Reserves

Today, one of the most important commodities is crude oil without which almost nothing is possible. We are almost entirely dependent on this non-renewable source of energy. It is very difficult to imagine life without it. But the fact remains that it is depleting fast and we need to find alternatives. Till then the oil rich countries will reap the rich harvest of this natural resource that they have with them. With the oil prices soaring it is anybody’s guess how much worth these reserves are. So, the more you got, the richer you will get. According to The United States Department of Energy, here is a list of the top 15 nations with the highest oil reserves.

• Brazil estimated oil reserve 12.18 billion barrels.
• Algeria estimated oil reserve 12.2 billion barrels.
• China estimated oil reserve 16 billion barrels.
• United States estimated oil reserve 20.97 billion barrels.
• Kazakhstan estimated oil reserve 30 billion barrels.
• Nigeria estimated oil reserve 36.2 billion barrels.
• Libya estimated oil reserve 41.46 billion barrels.
• Russia estimated oil reserve 60 billion barrels.
• Venezuela estimated oil reserve 87.03 billion barrels.
• The United Arab Emirates estimated oil reserve 97.8 billion barrels.
• Kuwait estimated oil reserve 104 billion barrels.
• Iraq estimated oil reserve 115 billion barrels.
•  Iran estimated oil reserve 138.4 billion barrels.
•  Canada estimated oil reserve 178.59 billion barrels.
•  Saudi Arabia estimated oil reserve 266.75 billion barrels.