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Based on data from OPEC at the beginning of 2013 the highest proved oil reserves including non-conventional oil deposits are in Venezuela (20% of global reserves), Saudi Arabia (18% of global reserves), Canada (13% of global reserves), and Iran (9%).
Countries with the biggest oil reserves. More than 80% of the world's proven oil reserves are concentrated in just 10 countries. Venezuela holds the world's biggest proven oil reserve followed by Saudi Arabia, while Canada and Russia hold the third and the eighth largest oil reserves.