Countries with the Most Fuel Reserves

About This Dataset

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.

Source: U.S. Energy Information Administration

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.

Countries with the Most Fuel Reserves

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Data Insights Below

Data Insights

Numbers, trends & sources behind this chart

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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 are shown as reported by the source. Nothing is rescaled, rebased or converted — the only changes are thousand separators and decimals shown to two places.
Entities are ranked highest-first on their value in 2022.