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Oil - global reserves by region 1992-2020

Proved oil reserves worldwide from 1992 to 2020, by region

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Source

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Release date

July 2021

Region

Worldwide

Survey time period

1992 to 2020

Supplementary notes

According to the source, oil reserves are taken to be those quantities that geological and engineering information indicates with reasonable certainty can be recovered in the future from known reservoirs under existing economic and operating conditions.

Editions of the report prior to 2018 named the region as Europe and Eurasia, whereas recent editions listed Europe and CIS separately. As of 2018, figures for these two regions have therefore have been added together. CIS is an abbreviation for the Commonwealth of Independent States.
Figures prior to 2019 were taken from previous editions of BP's statistical reviews.

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Statistics on "Oil industry in Latin America"

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