BP data show that at the end of 2011, Venezuela had proven oil reserves of 296.5 billion barrels, Saudi Arabia 265.4 billion barrels, Canada 175.2 billion barrels, Russia 88.2 billion barrels, Norway 6.9 billion barrels.
Read the full article at http://www.bloomberg.com/news/2012-06-13/venezuela-overtakes-saudis-for-largest-oil-reserves-bp-says-1-.html
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