OPEC - share of global crude oil reserves 2009-2017

The data illustrates OPEC's share of global crude oil reserves from 2009 to 2017. In 2015, the OPEC countries owned nearly 82% of the total crude oil reserves worldwide. This percentage remained relatively stable, with slight changes until 2017. In 2017, 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.