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Annual Statistical Bulletin 2025
Annual Statistical Bulletin 2025

Oil data: upstream

World crude reserves

World 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 (%)
OECD Americas 45.78 52.20 55.34 53.28 54.64 1.36 2.56 4.52 52.25 3.81 45.78 55.34 0.07 3.49
OECD Europe 12.41 11.77 11.25 11.12 10.40 -0.72 -6.44 -4.33 11.39 0.75 10.40 12.41 0.07 0.66
OECD Asia Pacific 2.48 1.83 1.89 1.91 1.89 -0.01 -0.73 -6.49 2.00 0.27 1.83 2.48 0.13 0.12
China 26.02 26.49 27.00 27.89 28.18 0.29 1.05 2.01 27.12 0.91 26.02 28.18 0.03 1.80
India 4.61 4.49 4.37 4.85 4.98 0.13 2.72 1.98 4.66 0.25 4.37 4.98 0.05 0.32
Other Asia 12.84 12.83 11.32 11.32 11.52 0.20 1.74 -2.68 11.97 0.80 11.32 12.84 0.07 0.74
Latin America 330.72 340.48 342.27 343.62 344.88 1.27 0.37 1.05 340.39 5.65 330.72 344.88 0.02 22.01
Middle East 865.52 869.61 871.10 871.18 871.22 0.04 0.00 0.16 869.73 2.45 865.52 871.22 0.00 55.60
Africa 123.45 119.10 119.05 119.58 119.36 -0.22 -0.18 -0.84 120.11 1.88 119.05 123.45 0.02 7.62
Russia 80.00 80.00 80.00 80.00 80.00 0.00 0.00 0.00 80.00 0.00 80.00 80.00 0.00 5.11
Other Eurasia 38.87 38.87 38.87 38.87 38.87 0.00 0.00 0.00 38.87 0.00 38.87 38.87 0.00 2.48
Other Europe 0.91 0.91 0.91 0.91 0.91 0.00 0.00 0.00 0.91 0.00 0.91 0.91 0.00 0.06
Total world 1543.61 1558.59 1563.37 1564.53 1566.87 2.34 0.15 0.37 1559.39 9.32 1543.61 1566.87 0.01 100.00
OPEC share (%) 80.02 79.51 79.38 79.34 79.22 -0.12 -0.15 -0.25 79.49 0.31 79.22 80.02 0.00