Biggest Oil Reserves. Who's Got The Most Oil? Big movements in the price of oil can have significant effects in the general economy, and although the.

Biggest Oil Reserves

Who's Got The Most Oil?

• Big movements in the price of oil can have significant effects in the general economy, and although the commodity is off its all-time highs, countries with the most oil within their borders are set for big profits as demand for crude continues to rise.

• With much of the world's existing reserves found in the Middle East, Gulf of Mexico and a few other locations around the globe, individual countries benefit incredibly from their surprisingly high concentrations of oil.

• As of 2008, the US government estimates that the world has proved reserves in the neighborhood of 1.36 trillion barrels. . .

15. Mexico

• Proved Oil Reserves: 11.65 billion barrels

Daily Numbers: Total Oil Production: 3.19 million barrels Crude Oil Production: 2.79 million barrels Consumption: 2.13 million barrels Exports to US (2007): 1.54 million barrels

14. Qatar

• Proved Oil Reserves: 15.2 billion barrels

Daily Numbers: Total Oil Production: 1.2 million barrels Crude Oil Production: 940,000 barrels Consumption: 120,000 barrels Exports to US (2007): 2,000 barrels

Pictured: Oil Refinery in Qatar

• Proved Oil Reserves: 16 billion barrels

Daily Numbers: Total Oil Production: 3.97 million barrels Crude Oil Production: 3.79 million barrels Consumption: 7.57 million barrels Exports to US (2007): 13,000 barrels

Pictured: Off shore oil in China

12. United States

• Proved Oil Reserves: 21.3 billion barrels

Daily Numbers: Total Oil Production: 8.51 million barrels Total Crude Production: 4.95 million barrels Consumption: 19.48 million barrels

Pictured: Chevron El Segundo Refinery, California

11. Kazakhstan

• Proved Oil Reserves: 30 billion barrels

Daily Numbers: Total Oil Production: 1.43 million barrels Crude Oil Production: 1.35 million barrels Consumption: 239,000 barrels Exports to US (2007): 19,000 barrels

Pictured: Control station of the Atasu-Alashenkou pipeline in Atasu, Kazakhsta

10. Nigeria

• Proved Oil Reserves: 36.2 billion barrels

Daily Numbers: Total Oil Production: 2.168 million barrels Crude Oil Production: 2.165 million barrels Consumption: 286,000 barrels Exports to US (2007): 1.13 million barrels

Pictured: Boy walks along oil pipeline belonging to the Agip Oil company in Idu Ogba, Niger

9. Libya

• Proved Oil Reserves: 41.5 billion barrels

Daily Numbers: Total Oil Production: 1.88 million barrels Crude Oil Production: 1.74 million barrels Consumption: 273,000 barrels Exports to US (2007): 117,000 barrels

Pictured: Tripoli skyline at night, Libya

8. Russia

• Proved Oil Reserves: 60 billion barrels

Daily Numbers: Total Oil Production: 9.79 million barrels Crude Oil Production: 9.36 million barrels Consumption: 2.9 million barrels Exports to US (2007): 414,000 barrels

Pictured: Reservoirs at Priobskoye oil field, Siberia, Russia

7. Venezuela

• Proved Oil Reserves: 87.03 billion barrels

Daily Numbers: Total Oil Production: 2.64 million barrels Crude Oil Production: 2.39 million barrels Consumption: 760,000 barrels Exports to US (2007): 1.36 million barrels

Pictured: El Palito oil refinery, Puerto Cabello, Venezuela

6. United Arab Emirates• Proved Oil Reserves: 97.8 billion barrels

Daily Numbers: Total Oil Production: 3.05 million barrels Crude Oil Production: 2.68 million barrels Consumption: 463,000 barrels Exports to US (2007): 10,000 barrels

Pictured: Refinery worker rides a bicycle at an oil processing plant in Jebel Ali, Dubai, United Arab Emirates.

5. Kuwait

• Proved Oil Reserves: 104 billion barrels

Daily Numbers: Total Oil Production: 2.74 million barrels Crude Oil Production: 2.59 million barrels Consumption: 325,000 barrels Exports to US (2007): 181,000 barrels

4. Iraq

• Proved Oil Reserves: 115 billion barrels

Daily Numbers: Total Oil Production: 2.39 million barrels Crude Oil Production: 2.38 million barrels Consumption: 638,000 barrels Exports to US (2007): 484,000 barrels

Pictured: Beiji Oil refinery, Iraq

3. Iran

• Proved Oil Reserves: 138.4 billion barrels

Daily Numbers: Total Oil Production: 4.17 million barrels Crude Oil Production: 4.05 million barrels Consumption: 1.8 million barrels Exports to US (2007): 0

Pictured: Oil refinery and petrochemical complex, Mahshahr, Iran

2. Canada

• Proved Oil Reserves: 178.59 billion barrels

Daily Numbers: Total Oil Production: 3.350 million barrels Crude Oil Production: 2.59 million barrels Consumption: 2.26 million barrels Exports to US (2007): 2.45 million barrels

1. Saudi Arabia

• Proved Oil Reserves: 266.7 billion barrels

Daily Numbers: Total Oil Production: 10.7 million barrels Crude Oil Production: 9.26 million barrels Consumption: 2.29 million barrels Exports to US (2007): 1.49 million barrels

Pictured: Saudi Arabian Oil Refinery