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OPEC countries - oil reserves 2012-2017

Crude oil reserves in OPEC countries from 2012 to 2017 (in billion barrels)

The data displays the estimated crude oil reserves in OPEC countries as of year-end from 2012 to 2017. As of 2017, Kuwait's oil reserves were estimated to be some 101.5 billion barrels. This amount places Kuwait as one of the top five OPEC members based on crude oil reserves. In 2015, the average annual OPEC crude oil price was some 52.51 USD per barrel, while in 2014 the price was nearly double that amount at 96.29 USD per barrel.

Venezuela	297.7	300.9	302.3	302.8
Saudi Arabia	265.9	266.5	266.2	266.3
Iran	157.3	158.4	157.2	155.6
Iraq	140.3	142.5	148.8	147.2
Kuwait	101.5	101.5	101.5	101.5
United Arab Emirates	97.8	97.8	97.8	97.8
Libya	48.5	48.4	48.4	48.7
Nigeria	37.1	37.1	37.5	37.5
Qatar	25.2	25.2	25.2	25.2
Algeria	12.2	12.2	12.2	12.2
Angola	9.1	9.5	9.5	8.4
Ecuador	8.2	8.3	8.3	8.3
Indonesia	3.3	3.2	3.2	3.3
Gabon	2	2	2	2

OPEC countries - oil reserves 2012-2017

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