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The desert kingdom has around 16% of the worldâs proven oil reserves and is the biggest global exporter of petroleum liquids. There is little doubt as to why its national oil company, Saudi Aramco, the biggest energy company in the world, generates over $1 billion in revenue every single day.
The countries with the largest reserves of oil are Saudi Arabia, Canada and Iran. I have included to related links. The 3 largest producers of petroleum are Saudi Arabia, Russia and the US. However, the US consumes its production. The countries with the largest reserves of oil are Saudi Arabia, Canada and Iran. I have included to related links. The 3 largest producers of petroleum are Saudi Arabia, Russia and the US. However, the US consumes its production.