Proved oil reserves in the Middle East 1990-2020

Published by Statista Research Department, May 21, 2024
Proved oil reserves in the Middle East amounted to 113.2 billion metric tons in 2020. In the period under consideration, figures increased by 23 billion metric tons. The Middle East holds the majority of OPEC's oil reserves.

Proved oil reserves in the Middle East 1990 to 2020 (in billion metric tons)

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Release date

July 2021

Region

MENA

Survey time period

1990 to 2020

Supplementary notes

Figures prior to 2009 were taken from the Exxon Report "Oeldorado 2009".
Figures for 2009-2019 were taken from "BP Statistical Review of World Energy" (2010-2020). For clarity purposes, the figures have been rounded.
Reserves include gas condensate and natural gas liquids (NGLs) as well as crude oil.

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