HedgeFundLIVE.com – In my endless quest to provide our members with useful information to help their trading and investing and general understanding of domestic and global events, I thought it would make sense to produce a list of the oil reserve, production, and export statistics of the MENA (Middle East / North African) countries. This list is in order of largest reserves, bpd = barrels per day.
-Saudi Arabia: 265bln barrels of reserves, 8.5mln bpd of production, 6mln bpd of exports
-Iran: 138bln barrels of reserves, 3.8mln bpd of production, 2.6mln bpd of exports
-Iraq: 115bln barrels of reserves, 2.4mln bpd of production, 2mln bpd of exports
-Kuwait: 101.5bln barrels of reserves, 2.3mln bpd of production, 2mln bpd of exports
-UAE: 98bln barrels of reserves, 2.3mln bpd of production, 1.9mln bpd of exports
-Libya: 44.3bln barrels of reserves, 1.7mln bpd of production, 1.4mln bpd of exports
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