China holds the world and 's largest oil reserves * The Asian country, ranked first in the rankings, has about 1.4 billion barrels of crude oil in strategic reserves - more than the next nine largest reserves combined * The US, Japan and European OECD countries rank 2-4, reflecting decades of preparation for major oil supply shocks Sursa: Bursa https://www.bursa.ro/china-holds-the-worlds-largest-oil-reserves-02180955