Countries with the Most Fuel Reserves

Source: U.S. Energy Information Administration

Countries with the Most Fuel Reserves

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Key Findings

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Venezuela leads in Proven Oil Reserves (billion barrels) with 303.20 in 2022.

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Average Proven Oil Reserves (billion barrels) in 2022: 169 · median: 151.

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Gap in 2022: Venezuela is 3.8× larger than Russia.

About This Dataset

Countries with the Most Fuel Reserves

The chart highlights the countries with the most proven oil reserves as of 2022, showcasing Venezuela at the top with a staggering 303.2 billion barrels, closely followed by Saudi Arabia with 298.5 billion barrels. Other notable entries include Canada with 168.9 billion barrels and Iran with 157.8 billion barrels, reflecting the significant disparities in oil wealth among nations.

Analysis

Venezuela (303.2), Saudi Arabia (298.5) and Canada (168.9) take the top three in Proven Oil Reserves (billion barrels) in 2022. No single entity dominates: the leader, Venezuela, holds 22.4% of the combined total of all 8. Below the top two the field is tightly packed: the remaining 6 run from 168.9 down to 80.

Data Insights Below

Data Insights

Numbers, trends & sources behind this chart

Client

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Data Points

8 categories · 1 year

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Top Value

303.20

Venezuela

Proven Oil Reserves (billion barrels) · 2022

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Metrics

Proven Oil Reserves (billion barrels)

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Period

2022

Single year snapshot

Methodology & source

Data source: U.S. Energy Information Administration
Coverage: 8 entities · 2022 · 8 observations
Measure: Proven Oil Reserves (billion barrels)
Last updated: 6 September 2026
Compiled by: The ANYSTAT team, from the source above

How the figures are calculated

Values use the measure and unit named on this page. Consult the dataset description and cited source for coverage, definitions and any unit conversions. Displayed values may be rounded for readability.
Entities are ranked highest-first on their value in 2022.

Rankings & Full Data

8 records · Proven Oil Reserves (billion barrels) · ranked by 2022

✓ 8 sourced

#	Category	2022
🥇	Venezuela	303.20
🥈	Saudi Arabia	298.50
🥉	Canada	168.90
4	Iran	157.80
5	Iraq	145
6	Kuwait	101.50
7	United Arab Emirates	97.80
8	Russia	80

Data Sources & References

All external sources cited in this dataset

1 https://www.eia.gov/international/overview/country/VEN Visit ↗

2 https://www.eia.gov/international/overview/country/SAU Visit ↗

3 https://www.eia.gov/international/overview/country/CAN Visit ↗

4 https://www.eia.gov/international/overview/country/IRN Visit ↗

5 https://www.eia.gov/international/overview/country/IRQ Visit ↗

6 https://www.eia.gov/international/overview/country/KWT Visit ↗

7 https://www.eia.gov/international/overview/country/ARE Visit ↗

8 https://www.eia.gov/international/overview/country/RUS Visit ↗

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APA

ANYSTAT. (2026). Countries with the Most Fuel Reserves [Data set]. Data: U.S. Energy Information Administration. https://anystat.ai/stats/221/countries-with-the-most-fuel-reserves-1775452376

MLA

"Countries with the Most Fuel Reserves." ANYSTAT, 6 Sep. 2026, https://anystat.ai/stats/221/countries-with-the-most-fuel-reserves-1775452376.

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<a href="https://anystat.ai/stats/221/countries-with-the-most-fuel-reserves-1775452376">Countries with the Most Fuel Reserves</a> (ANYSTAT)

Countries with the Most Fuel Reserves