How much of the world's oil reserves are located in OPEC countries?
Based on data from BP at the end of 2009 the highest proved oil reserves including non-conventional oil deposits are in Saudi Arabia (18 per cent of global reserves), Canada (12 %, mostly oil sands), Venezuela (12 %, mostly tar sands), Iran (9 %), Iraq (8 %), Kuwait (7 %), UAE (7 %) and Russia (5 %).
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