The Middle East holds approximately *** billion barrels of proved crude oil reserves as of 2023. This was close to ********** the amount known in 1960. Proved oil reserves are taken to be those quantities where geological and engineering assessments indicate they may be recovered with relative certainty.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
OPEC. (July 1, 2024). Proved crude oil reserves worldwide in 1960 and 2023, by region (in billion barrels) [Graph]. In Statista. Retrieved June 27, 2025, from https://www.statista.com/statistics/271614/oil-reserves-by-region/
OPEC. "Proved crude oil reserves worldwide in 1960 and 2023, by region (in billion barrels)." Chart. July 1, 2024. Statista. Accessed June 27, 2025. https://www.statista.com/statistics/271614/oil-reserves-by-region/
OPEC. (2024). Proved crude oil reserves worldwide in 1960 and 2023, by region (in billion barrels). Statista. Statista Inc.. Accessed: June 27, 2025. https://www.statista.com/statistics/271614/oil-reserves-by-region/
OPEC. "Proved Crude Oil Reserves Worldwide in 1960 and 2023, by Region (in Billion Barrels)." Statista, Statista Inc., 1 Jul 2024, https://www.statista.com/statistics/271614/oil-reserves-by-region/
OPEC, Proved crude oil reserves worldwide in 1960 and 2023, by region (in billion barrels) Statista, https://www.statista.com/statistics/271614/oil-reserves-by-region/ (last visited June 27, 2025)
Proved crude oil reserves worldwide in 1960 and 2023, by region (in billion barrels) [Graph], OPEC, July 1, 2024. [Online]. Available: https://www.statista.com/statistics/271614/oil-reserves-by-region/
