Iraq will ask the OPEC to adopt the increased figure as the official estimate for its reserves

  • previous estimate was 143 billion barrels

Reuters

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Iraq moving closer to Iran in terms of reserves ... the OPEC top of the table:

  • Saudi Arabia has 301 billion barrels
  • Venezuela 266 billion barrels
  • Iran's proven reserves are 158 billion barrels (Iran is OPEC's second-largest producer)