Channel NewsAsia | Iraq reports increased oil reserves of 153b barrels Channel NewsAsia BAGHDAD: Iraq's proven oil reserves have increased by 10 billion barrels to 153 billion, Oil Minister Jabbar al-Luaibi announced Sunday (Feb 19) in a statement. The country has the world's fifth largest reserves behind Venezuela, Saudi Arabia, Canada ... Iraq's oil reserves increase to 153 billion barrels, oil minister says Iraq restructures National Oil Tanker Company and rebuilds country's fleet |