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the Most 2 Arab countries that have oil reserves







1.Saudi Arabia:

Saudi Arabia holds the biggest oil reserves in the Middle East, at 297.7 thousand million barrels in 2018. The kingdom has 17.2% of the world’s total proved oil reserves and ranks second among the countries with the largest oil reserves, just behind Venezuela. The country is also the largest exporter of petroleum, as per the Organisation of the Petroleum Exporting Countries (OPEC).
Some of the major oil fields in Saudi Arabia are the onshore Ghawar Field, which has been in production since 1951, the offshore Safaniya Oil Field, which has been producing since 1957, and the onshore Shaybah Field, which was brought on stream in 1998.

2. Iran: 

With 155.6 thousand million barrels in 2018, Iran holds the second-biggest oil reserves in the Middle East. The country has 9% of the world’s total proved oil reserves. It is ranked fourth globally among the countries with the largest oil reserves, behind Venezuela, Saudi Arabia, and Canada.Major oil fields in Iran include the Marun oil field, the Ahvaz field, the Gachsaran field, the Aghajari field, and the Esfandiar field. Located in the Khuzestan province of Iran, the Marun field is estimated to contain recoverable oil reserves of 22 billion barrels making it one of the world’s biggest onshore oil fields. It was brought on stream in 1966.




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