Special Report

15 Countries That Control The World’s Oil

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5. Iraq
> Proved oil reserves: 145.0 billion barrels
> Reserves as a share of world total: 8.4%
> 2020 oil production: 4.1 million barrels per day
> 2020 GDP per capita: $9,764
> 2020 oil exports as pct. of GDP: 39.6%

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4. Iran
> Proved oil reserves: 157.8 billion barrels
> Reserves as a share of world total: 9.1%
> 2020 oil production: 3.1 million barrels per day
> 2020 GDP per capita: $13,116
> 2020 oil exports as pct. of GDP: N/A

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3. Canada
> Proved oil reserves: 168.1 billion barrels
> Reserves as a share of world total: 9.7%
> 2020 oil production: 5.1 million barrels per day
> 2020 GDP per capita: $48,073
> 2020 oil exports as pct. of GDP: 1.6%

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2. Saudi Arabia
> Proved oil reserves: 297.5 billion barrels
> Reserves as a share of world total: 17.2%
> 2020 oil production: 11.0 million barrels per day
> 2020 GDP per capita: $46,762
> 2020 oil exports as pct. of GDP: 24.2%

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1. Venezuela
> Proved oil reserves: 303.8 billion barrels
> Reserves as a share of world total: 17.5%
> 2020 oil production: 539,761 million barrels per day
> 2020 GDP per capita: N/A
> 2020 oil exports as pct. of GDP: N/A

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