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World’s Largest Oil Reserves

Cyndi Hughes
September 17, 2008

We all have oil on our minds these days. But how many of us know where the biggest reserves in the world are? Of course the Middle East comes to mind — but which countries make upĀ the top group?

CNBC assembled this list, based on billions of barrels.

Here is the top 10:

  1. Saudi Arabia (pictured), 266.75 billion barrels
  2. Canada, 178.59 billion barrels
  3. Iran, 138.4 billion barrels
  4. Iraq, 115 billion barrels
  5. Kuwait, 104 billion barrels
  6. The United Arab Emirates, 97.8 billion barrels
  7. Venezuela, 87.03 billion barrels
  8. Russia, 60 billion barrels
  9. Libya, 41.46 billion barrels
  10. Nigeria, 36.2 billion barrels

And where, you might ask, does the United States stand? No. 12 with 20.97 billion barrels (just behindĀ  Kazakhstan with 30 billion barrels).

See the full list and slideshow at CNBC.

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