In 2023, proved oil reserves in Latin America amounted to more than *** billion barrels. This value has remained relatively stable in the few years, however has nearly tripled in comparison to the beginning of the century. Venezuela holds the largest oil reserves in the world, and accounts for more than ** percent of the Latin American region's reserves.
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OPEC. (October 11, 2024). Crude oil reserves in Latin America in select years from 1960 to 2023 (in billion barrels) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 30, 2026, from /statistics/264843/oil-reserves-in-central-and-south-america/
OPEC. "Crude oil reserves in Latin America in select years from 1960 to 2023 (in billion barrels)." Chart. October 11, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 30, 2026. /statistics/264843/oil-reserves-in-central-and-south-america/
OPEC. (2024). Crude oil reserves in Latin America in select years from 1960 to 2023 (in billion barrels). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 30, 2026. /statistics/264843/oil-reserves-in-central-and-south-america/
OPEC. "Crude Oil Reserves in Latin America in Select Years from 1960 to 2023 (in Billion Barrels)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 11 Oct 2024, /statistics/264843/oil-reserves-in-central-and-south-america/
OPEC, Crude oil reserves in Latin America in select years from 1960 to 2023 (in billion barrels) ÌÇÐÄÆƽâ°æ, /statistics/264843/oil-reserves-in-central-and-south-america/ (last visited July 30, 2026)
Crude oil reserves in Latin America in select years from 1960 to 2023 (in billion barrels) [Graph], OPEC, October 11, 2024. [Online]. Available: /statistics/264843/oil-reserves-in-central-and-south-america/
