The United States holds more oil resources than any other country in the world. The majority of these reserves are in the form of shale oil (synthetic oil won from kerogen), at around 89,981 million metric tons. By comparison, Venezuela was found to have the greatest heavy oil resources and Russia the greatest conventional oil resources. Resources are differentiated from reserves in that they also include estimated and non-extractable deposits.
Countries with largest oil resources worldwide in 2022, by type
(in million metric tons)
Characteristic
Conventional
Tight oil
Oil sands
Heavy oil
Shale oil (kerogen)
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BGR. (January 10, 2024). Countries with largest oil resources worldwide in 2022, by type (in million metric tons) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/264766/countries-with-largest-oil-resources/
BGR. "Countries with largest oil resources worldwide in 2022, by type (in million metric tons)." Chart. January 10, 2024. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/264766/countries-with-largest-oil-resources/
BGR. (2024). Countries with largest oil resources worldwide in 2022, by type (in million metric tons). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/264766/countries-with-largest-oil-resources/
BGR. "Countries with Largest Oil Resources Worldwide in 2022, by Type (in Million Metric Tons)." Statista, Statista Inc., 10 Jan 2024, https://www.statista.com/statistics/264766/countries-with-largest-oil-resources/
BGR, Countries with largest oil resources worldwide in 2022, by type (in million metric tons) Statista, https://www.statista.com/statistics/264766/countries-with-largest-oil-resources/ (last visited September 01, 2024)
Countries with largest oil resources worldwide in 2022, by type (in million metric tons) [Graph], BGR, January 10, 2024. [Online]. Available: https://www.statista.com/statistics/264766/countries-with-largest-oil-resources/