Energy » Petroleum & Refinery » Global oil industry and market | Global oil reserves volume in billion barrels 1990-2017

Crude oil global reserves 1990-2017

Volume of global oil reserves from 1990 to 2017 (in billion barrels)
Created with Highcharts 5.0.141 027.51 027.51 126.21 126.21 366.21 366.21 374.41 374.41 383.71 383.71 427.11 427.11 4901 4901 529.51 529.51 636.61 636.61 675.31 675.31 697.91 697.91 7011 7011 7001 7001 697.61 697.61 697.11 697.11 696.61 696.61990199520042005200620072008200920102011201220132014201520162017025050075010001250150017502000

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

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