OPEC Share of World Crude Oil Reserves
Source: OPEC Annual Statistical Bulletin 2024
According to current estimates, 79.1% (1,241.33 billion barrels) of the world's proven crude oil reserves are located in OPEC Member Countries, with the bulk of OPEC oil reserves in the Middle East, amounting to 67.3% of the OPEC total.
For more information:
OPEC Annual Statistical Bulletin 2024