World proved crude reserves
Year-end · billion barrels · OPEC ASB 2025
International crude price
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USD/barrel · delayed futures quotes
MarketLence Global Oil Intelligence
See the world's oil buffers and refinery pulse.
A provenance-first command center for reported crude inventories, refining capacity, utilization and operational-status evidence.
Official feed
U.S. weekly pulse
Commercial crude
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Refinery utilization
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Source→Normalize→Corroborate→Publish
Global reserve ledger
World crude oil reserve
1.567trillion barrels
Proved crude oil reserves · End-2024 · OPEC Annual Statistical Bulletin 2025
Open official source ↗OPEC members1,241.294 bn b · 79.2%
Non-OPEC325.575 bn b
One coherent country aggregation; official publishers are cross-checked, not added together. Reserves are underground recoverable volumes—not tanks, strategic stocks or commercial inventories.
Five-year intelligence
Reserves and price history
Annual proved-reserve totals are shown separately from monthly Brent futures prices because they measure different things and update at different frequencies.
1,566.9 bn
Brent crude price
Five years · monthly close · USD/barrel
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Global reserve distribution
Leading Crude Oil Reserves by Country
Comparative proved reserves at end-2024, measured in billion barrels. Each indicator is scaled relative to the largest reported national reserve in the OPEC dataset.
Venezuela
303.221 bn
Saudi Arabia
267.2 bn
Iran
208.6 bn
Iraq
145.019 bn
UAE
113 bn
Kuwait
101.5 bn
Russia
80 bn
Libya
48.363 bn
Source jurisdictions
10+
Expandable official registry
Inventory signal
Awaiting feed
Latest official series direction
Refinery utilization
Awaiting key
EIA connector not configured
Data discipline
Evidence graded
Source, timestamp and confidence retained
Official reserve structure
Where proved reserves sit
Verified end-2024 OPEC aggregation; this is not stored inventory.
OPEC members1,241.294 bn b
79.2%
Non-OPEC325.575 bn b
Coverage architecture
Global source mesh
Government & regulators92% pipeline readiness
Intergovernmental data78% pipeline readiness
Operator disclosures64% pipeline readiness
Reputed news corroboration48% pipeline readiness
Coverage readiness measures connector design and source availability—not the percentage of all global facilities currently verified.
Refinery operations radar
Refinery Operating Status & Capacity Utilization
Running, constrained and stopped classifications require current evidence. Utilization is displayed only when an official throughput-to-capacity figure is available.
CONSTRAINED
Capacity utilization
Not reported
India · CPCL
Cauvery Basin Refinery
Throughput-to-capacityAwaiting official disclosure
PPAC lists capacity as zero and states that the refinery is under capacity augmentation.
PPAC · Official capacity table96% evidence confidence
STATUS UNVERIFIED
Capacity utilization
Not reported
India · Reliance Industries
Jamnagar refining complex
Throughput-to-capacityAwaiting official disclosure
Installed capacity is verified; current operating state requires a timestamped operator or regulatory disclosure.
PPAC + operator · Awaiting operating evidence72% evidence confidence
STATUS UNVERIFIED
Capacity utilization
Not reported
United States · Multi-operator
U.S. refining system
Throughput-to-capacityAwaiting official disclosure
Weekly EIA utilization provides a system-level signal; it does not prove the status of every individual refinery.
U.S. EIA · Weekly feed92% evidence confidence
STATUS UNVERIFIED
Capacity utilization
Not reported
Global · Multi-source
Global refinery watch
Throughput-to-capacityAwaiting official disclosure
Individual outages require corroboration from operators, regulators, exchange filings or reputable wire services.
Evidence engine · Continuous discovery60% evidence confidence
Primary-source directory
Official and reputable coverage
JurisdictionPublisherCoverageAccess
GlobalJODI OilMonthly production, demand, stocks and refinery activityOfficial multi-country ↗IEA membersInternational Energy AgencyEmergency stocks, commercial stocks and refinery throughputOfficial / licensed mix ↗United StatesU.S. EIAWeekly crude stocks, refinery inputs, capacity and utilizationOfficial API ↗IndiaPPACInstalled capacity, refinery locations and monthly oil statisticsGovernment ↗European UnionEurostatEmergency oil stocks and petroleum balancesOfficial ↗United KingdomDESNZPetroleum production, stocks and refinery statisticsOfficial ↗JapanMETIPetroleum statistics, stocks and refinery operationsOfficial ↗CanadaStatistics CanadaRefinery receipts, inventories and supplyOfficial ↗AustraliaDISRAustralian Petroleum StatisticsOfficial ↗OPEC membersOPECAnnual capacity, crude supply and refinery indicatorsIntergovernmental ↗Source before signal
Every figure retains publisher, geography, unit, reporting period and retrieval time.
Status needs evidence
Running or stopped labels require operator, regulator, exchange or corroborated reporting evidence.
No false precision
Country stocks, strategic reserves, commercial inventories and refinery throughput remain distinct measures.