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The 10 Countries With World's Largest Oil Reserves - Foreign Affairs - Nairaland

Nairaland ForumNairaland GeneralPoliticsForeign AffairsThe 10 Countries With World's Largest Oil Reserves (28740 Views)

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The 10 Countries With World's Largest Oil Reserves by Fineman2(op): 8:10am On Jun 18, 2024
World Atlas has ranked the top ten nations for oil reserves using 2024 data from OPEC, revealing the sheer size of the reserves boasted by the globe's most oil-rich states.

Countries with top 10 highest oil reserves according to OPEC data

Venezuela - 303.22 Billion Barrels
Saudi Arabia - 267.19 Billion Barrels
Iran - 208.60 Billion Barrels
Canada - 163.63 Billion Barrels
Iraq - 145.02 Billion Barrels
United Arab Emirates - 113.00 Billion Barrels
Kuwait - 101.50 Billion Barrels
Russia - 80.00 Billion Barrels
United States - 55.25 Billion Barrels
Libya - 48.36 Billion Barrels
https://www.express.co.uk/news/world/1912120/10-countries-worlds-largest-oil-reserves-suprising-nation-top-spot

Re: The 10 Countries With World's Largest Oil Reserves by Fineman2(op):
Iran is number 3, and yet US and Europe are hellbent on causing chaos in that country which will affect global economy
Re: The 10 Countries With World's Largest Oil Reserves by dapsoneh: 8:12am On Jun 18, 2024
Na to apply for Venezuela's visa remain like this
Re: The 10 Countries With World's Largest Oil Reserves by Fineman2(op): 8:14am On Jun 18, 2024
dapsoneh:
Na to apply for Venezuela's visa remain like this
corruption in Venezuela has made the country very poor despite the huge oil money.
Re: The 10 Countries With World's Largest Oil Reserves by Menemonic: 8:20am On Jun 18, 2024
shocked

Libya... shocked

All those countries looking poor in Africa really have something beneath them..
Re: The 10 Countries With World's Largest Oil Reserves by dapsoneh: 8:32am On Jun 18, 2024
Fineman2:
corruption in Venezuela has made the country very poor despite the huge oil money.
wow! I mean, just look at what Saudi is doing with their oil.. itz one thing to have resources, itz another to have good leaders to manage the welk
Re: The 10 Countries With World's Largest Oil Reserves by Watcharena: 8:48am On Jun 18, 2024
Fineman2:
corruption in Venezuela has made the country very poor despite the huge oil money.
sanction not just corruption
Re: The 10 Countries With World's Largest Oil Reserves by God1000(m):
And Venezuela remains very underdeveloped with a lot of poor people despite the huge revenue from oil, though the country is under sanctions from US and EU, but corruption under President Nicolas Maduro is largely responsible.

Look at what oil money has done in Saudi Arabia and UAE.

Oil is a blessing to some countries and a curse to others including Nigeria
Re: The 10 Countries With World's Largest Oil Reserves by ChizzyBuna(m): 9:16am On Jun 18, 2024
Cool
Re: The 10 Countries With World's Largest Oil Reserves by DoctorAyukebot(m): 9:16am On Jun 18, 2024
G
Re: The 10 Countries With World's Largest Oil Reserves by sleek214(m): 9:16am On Jun 18, 2024
To think Venezuela has the highest oil reserve and the country is far worse than Nigeria in terms of everything you can imagine is sickening. They should bring Venezuela to Africa where corruption thrives due to bad leadership. Instead of Iran and Iraq to open up so their economy can pick, they choose to invest their time and resources in terrorism. Big ups to Saudi, Kuwait, USA and Canada...
Re: The 10 Countries With World's Largest Oil Reserves by phemmie06(m): 9:17am On Jun 18, 2024
What are you justifying

Majority of these countries use the crude oil for the development of their countries but my naija.......

Our government and blind followers will tell you that because we are not among the first 10 is the reason behind the state of the nation's economy
Re: The 10 Countries With World's Largest Oil Reserves by OboOlora(f): 9:17am On Jun 18, 2024
So indirectly; Oil is either a blessing or a curse.
A blessing to Saudi but a curse to Venezuela and Nigeria
A blessing to the Northern Nigeria but a curse to South South and Niger Delta

Can't wait for EVs and climate control to take over the world by 2030, then Nigeria will know their oil is useless and then go back to agriculture.

Interesting times ahead...
Re: The 10 Countries With World's Largest Oil Reserves by Obakoolex(m): 9:17am On Jun 18, 2024
Nigeria will soon be on the list
Re: The 10 Countries With World's Largest Oil Reserves by gigabyte13: 9:17am On Jun 18, 2024
Fineman2:
Iran is number 3, yet US and Europe are hellbent on causing chaos in that country which will affect global economy
So because, lran is no 3
Hezbollah should be supported to ruin the world with their terrorists act.... huhhuhhuh?
Re: The 10 Countries With World's Largest Oil Reserves by Chetas81(m): 9:18am On Jun 18, 2024
Re: The 10 Countries With World's Largest Oil Reserves by jibsy(m): 9:18am On Jun 18, 2024
Truth is oil is a curse of you don't know how to manage it. It makes you forget your lifeblood which is agriculture.
Re: The 10 Countries With World's Largest Oil Reserves by Saturnalia(m): 9:18am On Jun 18, 2024
If the United Snakes of Amerika truly has Oil Reserves, she wouldn’t be stealing Crude Oil and Gold Bars from every Continent while killing their leaders.

Re: The 10 Countries With World's Largest Oil Reserves by OilandGasMarket: 9:18am On Jun 18, 2024
Wahala for sub Saharan africa
Re: The 10 Countries With World's Largest Oil Reserves by 99thEnemy(m): 9:19am On Jun 18, 2024
Fineman2:
Iran is number 3, yet US and Europe are hellbent on causing chaos in that country which will affect global economy
What is your point?

sympathizing with a terrorist sponsoring and religious extremist nation.
Re: The 10 Countries With World's Largest Oil Reserves by Btruth: 9:19am On Jun 18, 2024
Fineman2:
corruption in Venezuela has made the country very poor despite the huge oil money.
what about Nigeria that is not listed? 🤔
Re: The 10 Countries With World's Largest Oil Reserves by Oblitz(m): 9:20am On Jun 18, 2024
gigabyte13:
So because, lran is no 3
Hezbollah should be supported to ruin the world with their terrorists act.... huhhuhhuh?
How some people dey think sef. I taya o
Re: The 10 Countries With World's Largest Oil Reserves by ManOfMan: 9:20am On Jun 18, 2024
Fineman2:
corruption in Venezuela has made the country very poor despite the huge oil money.
Just like Nigeria
Re: The 10 Countries With World's Largest Oil Reserves by Skillsnigeria: 9:20am On Jun 18, 2024
Noted
Re: The 10 Countries With World's Largest Oil Reserves by Dyfynezz12(m): 9:20am On Jun 18, 2024
Menemonic:
shocked

Libya... shocked

All those countries looking poor in Africa really have something beneath them..
Libya is not looking poor
Re: The 10 Countries With World's Largest Oil Reserves by Oakenshield: 9:20am On Jun 18, 2024
Fineman2:
Iran is number 3, and yet US and Europe are hellbent on causing chaos in that country which will affect global economy
but they sponsor terrorists? If not for world powers such people could have turned u to be a by force knuckle head
Re: The 10 Countries With World's Largest Oil Reserves by Olaide1295: 9:21am On Jun 18, 2024
Fellow Nigerians like to think we are the only ones with natural resources.
United States, Canada have 10x of most natural resources we have. They have 100x more gold, more crude oil, more coal, more copper, more gas etc.

We need to stop focusing on natural resources, but start working on ourselves. Develop skills, and start businesses.
Re: The 10 Countries With World's Largest Oil Reserves by NOETHNICITY(m): 9:22am On Jun 18, 2024
Ignorant obidense folks would be surprised to see that Nigeria isn’t in the list
Re: The 10 Countries With World's Largest Oil Reserves by dsocioemmy(m): 9:22am On Jun 18, 2024
Oil that's supposed to be a blessing for nations is a curse to others.....
Re: The 10 Countries With World's Largest Oil Reserves by bdon12: 9:23am On Jun 18, 2024
itzzkhaliii:
Omo Naija we no even follow they among I was expecting to see us around 3rd or 4th.Shey the spillage wey don degrade entire Niger Delta no they among?


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