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Reserves of proven oil in Malaysia As of 2016, Malaysia held 3,600,000,000 barrels of proven oil reserves, which ranked 28th worldwide, and were responsible for 0.1% of the nation’s oil production. In total, there are 1,650,585,140,000 barrels of oil in the world. It is estimated that Malaysia has proven reserves of 13.4 billion barrels. It […] ....