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Annual Statistical Bulletin 2025
Annual Statistical Bulletin 2025

Oil data: upstream

OPEC crude reserves

OPEC Members’ proven crude oil reserves

(billion barrels)
  2020 2021 2022 2023 2024 Change 24/23 % Change 24/23 Avg. Gr. (%) Mean SD Min Max CV Share in 2024 (%)
Algeria 12.20 12.20 12.20 12.20 12.20 0.00 0.00 0.00 12.20 0.00 12.20 12.20 0.00 0.98
Congo 1.81 1.81 1.81 1.81 1.81 0.00 0.00 0.00 1.81 0.00 1.81 1.81 0.00 0.15
Equatorial Guinea 1.10 1.10 1.10 1.10 1.10 0.00 0.00 0.00 1.10 0.00 1.10 1.10 0.00 0.09
Gabon 2.00 2.00 2.00 2.00 2.00 0.00 0.00 0.00 2.00 0.00 2.00 2.00 0.00 0.16
IR Iran 208.60 208.60 208.60 208.60 208.60 0.00 0.00 0.00 208.60 0.00 208.60 208.60 0.00 16.80
Iraq 145.02 145.02 145.02 145.02 145.02 0.00 0.00 0.00 145.02 0.00 145.02 145.02 0.00 11.68
Kuwait 101.50 101.50 101.50 101.50 101.50 0.00 0.00 0.00 101.50 0.00 101.50 101.50 0.00 8.18
Libya 48.36 48.36 48.36 48.36 48.36 0.00 0.00 0.00 48.36 0.00 48.36 48.36 0.00 3.90
Nigeria 36.91 37.05 36.97 37.50 37.50 0.00 0.00 0.40 37.19 0.29 36.91 37.50 0.01 3.02
Saudi Arabia 267.08 267.19 267.19 267.23 267.20 -0.03 -0.01 0.01 267.18 0.06 267.08 267.23 0.00 21.52
United Arab Emirates 107.00 111.00 113.00 113.00 113.00 0.00 0.00 1.37 111.40 2.61 107.00 113.00 0.02 9.10
Venezuela 303.56 303.47 303.22 303.01 303.22 0.21 0.07 -0.03 303.30 0.22 303.01 303.56 0.00 24.42
Total OPEC 1235.15 1239.30 1240.97 1241.33 1241.51 0.18 0.01 0.13 1239.65 2.67 1235.15 1241.51 0.00 100.00