The United States holds the largest volume of untapped oil reserves globally.
Thanks to the significant advancements in shale oil extraction, the United States has surpassed other major oil-producing nations in terms of untapped oil reserves. This technological boom has positioned the U.S. at the forefront of countries with substantial hidden oil wealth.
To provide a clearer picture of the world's leading countries by untapped oil reserves, here's a breakdown:
| Country | Estimated Untapped Oil Reserves (billion barrels) |
|---|---|
| United States | Greater than 256 |
| Russia | 256 |
| Saudi Arabia | 212 |
| Canada | 167 |
| Iran | 143 |
| Brazil | 120 |
This data highlights that while Russia possesses a substantial 256 billion barrels of untapped oil, the United States holds an even greater quantity, establishing it as the leader in this critical energy resource. Following these top two, Saudi Arabia, Canada, Iran, and Brazil also possess significant untapped reserves, contributing to their strategic importance in the global energy landscape. The shale oil revolution has been a key factor in reshaping the dynamics of global oil reserves, especially for countries like the U.S.
