The data displays the volume of global oil reserves between 1990 and 2017 measured in billion barrels. The proven oil reserves, according to the source, are quantities that can be extracted in future from known reservoirs under the current economic and operating conditions. In 2017, global oil reserves were estimated to be around 1.7 trillion barrels.
1990 | 1027.5 |
1995 | 1126.2 |
2004 | 1366.2 |
2005 | 1374.4 |
2006 | 1383.7 |
2007 | 1427.1 |
2008 | 1490 |
2009 | 1529.5 |
2010 | 1636.6 |
2011 | 1675.3 |
2012 | 1697.9 |
2013 | 1701 |
2014 | 1700 |
2015 | 1697.6 |
2016 | 1697.1 |
2017 | 1696.6 |