Biggest Oil Reserves

Who's Got The Most Oil?

• Big movements in the price of oil can have significant effects in the general economy, and although the commodity is off its all-time highs, countries with the most oil within their borders are set for big profits as demand for crude continues to rise.

• With much of the world's existing reserves found in the Middle East, Gulf of Mexico and a few other locations around the globe, individual countries benefit incredibly from their surprisingly high concentrations of oil.

• As of 2008, the US government estimates that the world has proved reserves in the neighborhood of 1.36 trillion barrels. . .

15. Mexico

• Proved Oil Reserves: 11.65 billion barrels

Daily Numbers: Total Oil Production: 3.19 million barrels Crude Oil Production: 2.79 million barrels Consumption: 2.13 million barrels Exports to US (2007): 1.54 million barrels

14. Qatar

• Proved Oil Reserves: 15.2 billion barrels

Daily Numbers: Total Oil Production: 1.2 million barrels Crude Oil Production: 940,000 barrels Consumption: 120,000 barrels Exports to US (2007): 2,000 barrels

Pictured: Oil Refinery in Qatar

• Proved Oil Reserves: 16 billion barrels

Daily Numbers: Total Oil Production: 3.97 million barrels Crude Oil Production: 3.79 million barrels Consumption: 7.57 million barrels Exports to US (2007): 13,000 barrels

Pictured: Off shore oil in China

12. United States

• Proved Oil Reserves: 21.3 billion barrels

Daily Numbers: Total Oil Production: 8.51 million barrels Total Crude Production: 4.95 million barrels Consumption: 19.48 million barrels

Pictured: Chevron El Segundo Refinery, California

11. Kazakhstan

• Proved Oil Reserves: 30 billion barrels

Daily Numbers: Total Oil Production: 1.43 million barrels Crude Oil Production: 1.35 million barrels Consumption: 239,000 barrels Exports to US (2007): 19,000 barrels

Pictured: Control station of the Atasu-Alashenkou pipeline in Atasu, Kazakhsta

10. Nigeria

• Proved Oil Reserves: 36.2 billion barrels

Daily Numbers: Total Oil Production: 2.168 million barrels Crude Oil Production: 2.165 million barrels Consumption: 286,000 barrels Exports to US (2007): 1.13 million barrels

Pictured: Boy walks along oil pipeline belonging to the Agip Oil company in Idu Ogba, Niger

9. Libya

• Proved Oil Reserves: 41.5 billion barrels

Daily Numbers: Total Oil Production: 1.88 million barrels Crude Oil Production: 1.74 million barrels Consumption: 273,000 barrels Exports to US (2007): 117,000 barrels

Pictured: Tripoli skyline at night, Libya

8. Russia

• Proved Oil Reserves: 60 billion barrels

Daily Numbers: Total Oil Production: 9.79 million barrels Crude Oil Production: 9.36 million barrels Consumption: 2.9 million barrels Exports to US (2007): 414,000 barrels

Pictured: Reservoirs at Priobskoye oil field, Siberia, Russia

7. Venezuela

• Proved Oil Reserves: 87.03 billion barrels

Daily Numbers: Total Oil Production: 2.64 million barrels Crude Oil Production: 2.39 million barrels Consumption: 760,000 barrels Exports to US (2007): 1.36 million barrels

Pictured: El Palito oil refinery, Puerto Cabello, Venezuela

6. United Arab Emirates• Proved Oil Reserves: 97.8 billion barrels

Daily Numbers: Total Oil Production: 3.05 million barrels Crude Oil Production: 2.68 million barrels Consumption: 463,000 barrels Exports to US (2007): 10,000 barrels

Pictured: Refinery worker rides a bicycle at an oil processing plant in Jebel Ali, Dubai, United Arab Emirates.

5. Kuwait

• Proved Oil Reserves: 104 billion barrels

Daily Numbers: Total Oil Production: 2.74 million barrels Crude Oil Production: 2.59 million barrels Consumption: 325,000 barrels Exports to US (2007): 181,000 barrels

4. Iraq

• Proved Oil Reserves: 115 billion barrels

Daily Numbers: Total Oil Production: 2.39 million barrels Crude Oil Production: 2.38 million barrels Consumption: 638,000 barrels Exports to US (2007): 484,000 barrels

Pictured: Beiji Oil refinery, Iraq

3. Iran

• Proved Oil Reserves: 138.4 billion barrels

Daily Numbers: Total Oil Production: 4.17 million barrels Crude Oil Production: 4.05 million barrels Consumption: 1.8 million barrels Exports to US (2007): 0

Pictured: Oil refinery and petrochemical complex, Mahshahr, Iran

2. Canada

• Proved Oil Reserves: 178.59 billion barrels

Daily Numbers: Total Oil Production: 3.350 million barrels Crude Oil Production: 2.59 million barrels Consumption: 2.26 million barrels Exports to US (2007): 2.45 million barrels

1. Saudi Arabia

• Proved Oil Reserves: 266.7 billion barrels

Daily Numbers: Total Oil Production: 10.7 million barrels Crude Oil Production: 9.26 million barrels Consumption: 2.29 million barrels Exports to US (2007): 1.49 million barrels

Pictured: Saudi Arabian Oil Refinery