Top 10 Oil Reserve Countries in the world

The World Largest Oil Reserves – Top Ten Oil Reserve Countries

Rank     Country                                 Barrels (Barrels in Billion)

1            Venezuela                                    300,878

2            Saudi Arabia                              266,455

3            Canada                                   169,709

4            Iran                                              158,400

5            Iraq                                              142,503

6            Kuwait                                        101,500

7            United Arab Emirates              97,800

8            Russia                                         80,000

9            Libya                                          48,363

10          United States                      39,230


Venezuela, once a rich oil reserve country, is now battling an unprecedented economic crisis. The proven oil reserves in Venezuela are recognized as the largest in the world and followed by other countries. What is the Reason for Venezuela Economic crisis?

Suppressing fact on top ten crude oil reserves Canadian Dollar and United States of American Dollar are only two currency placed in top eight forex ranking currency in foreign exchange market.

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