This statistic shows the distribution of proved oil reserves worldwide in 1992 to 2018, sorted by region. In 2018, some 48.3 percent of global oil reserves were located in the Middle East. Oil production is largely concentrated in the Middle East, as well as Russia.
Distribution of proved oil reserves worldwide from 1992 to 2018, by region
Reserves include gas condensate and natural gas liquids (NGLs) as well as crude oil.
Editions of the report prior to 2018 named the region as Europe and Eurasia, whereas the 2018 edition of the report listed Europe and CIS separately. The 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 2016 are taken from previous editions of BP's statistical reviews.
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BP. (June 11, 2019). Distribution of proved oil reserves worldwide from 1992 to 2018, by region [Graph]. In Statista. Retrieved January 19, 2020, from https://www.statista.com/statistics/273497/distribution-of-global-proved-oil-reserves-since-by-region/
BP. "Distribution of proved oil reserves worldwide from 1992 to 2018, by region." Chart. June 11, 2019. Statista. Accessed January 19, 2020. https://www.statista.com/statistics/273497/distribution-of-global-proved-oil-reserves-since-by-region/
BP. (2019). Distribution of proved oil reserves worldwide from 1992 to 2018, by region. Statista. Statista Inc.. Accessed: January 19, 2020. https://www.statista.com/statistics/273497/distribution-of-global-proved-oil-reserves-since-by-region/
BP. "Distribution of Proved Oil Reserves Worldwide from 1992 to 2018, by Region." Statista, Statista Inc., 11 Jun 2019, https://www.statista.com/statistics/273497/distribution-of-global-proved-oil-reserves-since-by-region/
BP, Distribution of proved oil reserves worldwide from 1992 to 2018, by region Statista, https://www.statista.com/statistics/273497/distribution-of-global-proved-oil-reserves-since-by-region/ (last visited January 19, 2020)
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