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The 10 Countries With World's Largest Oil Reserves - Foreign Affairs - Nairaland 2w376j

The 10 Countries With World's Largest Oil Reserves (27805 Views)

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Fineman2: 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

16 Likes 5 Shares

Fineman2: 8:12am On Jun 18, 2024
Iran is number 3, and yet US and Europe are hellbent on causing chaos in that country which will affect global economy

57 Likes 13 Shares

dapsoneh: 8:12am On Jun 18, 2024
Na to apply for Venezuela's visa remain like this

7 Likes 4 Shares

Fineman2: 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.

158 Likes 13 Shares

Menemonic: 8:20am On Jun 18, 2024
shocked

Libya... shocked

All those countries looking poor in Africa really have something beneath them..

12 Likes 3 Shares

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

111 Likes 6 Shares

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

49 Likes 4 Shares

God1000(m): 9:08am On Jun 18, 2024
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

94 Likes 9 Shares

ChizzyBuna(m): 9:16am On Jun 18, 2024
Cool

1 Like

DoctorAyukebot(m): 9:16am On Jun 18, 2024
G

1 Like

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 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...

64 Likes 3 Shares

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

4 Likes 1 Share

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...

7 Likes 1 Share

Obakoolex(m): 9:17am On Jun 18, 2024
Nigeria will soon be on the list

33 Likes

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 ed to ruin the world with their terrorists act.... ?

18 Likes 6 Shares

Chetas81(m): 9:18am On Jun 18, 2024
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.

3 Likes

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.

10 Likes 1 Share

OilandGasMarket: 9:18am On Jun 18, 2024
Wahala for sub Saharan africa
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.

2 Likes

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? 🤔
Oblitz(m): 9:20am On Jun 18, 2024
gigabyte13:


So because, lran is no 3
Hezbollah should be ed to ruin the world with their terrorists act.... ?

How some people dey think sef. I taya o

1 Like

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

2 Likes

Skillsnigeria: 9:20am On Jun 18, 2024
Noted
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

6 Likes

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

2 Likes

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.

12 Likes

NOETHNICITY(m): 9:22am On Jun 18, 2024
Ignorant obidense folks would be surprised to see that Nigeria isn’t in the list
dsocioemmy(m): 9:22am On Jun 18, 2024
Oil that's supposed to be a blessing for nations is a curse to others.....
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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Hp Elite X2 that Turns into Tablet, Buy from me,May God Bless our Hustle.Check my profile for its details
Or frm aba

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