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OPEC's share of global crude oil reserves from 2009 to 2016*

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OPEC - share of global crude oil reserves 2009-2016 This statistic depicts OPEC's share of global crude oil reserves from 2009 to 2016. In 2011, the OPEC countries owned nearly 82 percent of the total crude oil reserves worldwide. This percentage remained relatively stable, with slight changes until 2015. In 2015, the average annual OPEC crude oil price was some 49.49 U.S. dollars per barrel, while in 2014 the price was nearly double that amount at 96.29 U.S. dollars per barrel.
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Share of global reserves
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Share of global reserves
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Description Source More information
This statistic depicts OPEC's share of global crude oil reserves from 2009 to 2016. In 2011, the OPEC countries owned nearly 82 percent of the total crude oil reserves worldwide. This percentage remained relatively stable, with slight changes until 2015. In 2015, the average annual OPEC crude oil price was some 49.49 U.S. dollars per barrel, while in 2014 the price was nearly double that amount at 96.29 U.S. dollars per barrel.
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Release date
June 2017
Region
World
Survey time period
2009 to 2016
Supplementary notes
* Figures as of year-end. Revisions have been made throughout the time series. For some countries condensates are included.

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