OPEC Controls 81 Percent of Proven Oil Reserves

Energy

Premium

26/07/2018 16:00 WIB

URL has been copied

Memuat...

This figure represents 81.89 percent of total oil reserves compiled from various countries as of December 2017.

Proven OPEC Member Reserves Compared to Non-OPEC Members, 2017

A Small Font
A Medium Font
A Bigger Font

You are accessing content Single Data Premium.
To continue, please subscribe or buy individually.

Professional

Enjoy premium access with a more affordable price.

Start from

~~Rp300.000~~ 150.000/month

Access more premium content and exclusive features for customers.

Start from

50.000/month

Hanya Rp833 per artikel

More details »

Buy Retail

Read the article immediately “OPEC Controls 81 Percent of Proven Oil Reserves”.

Rp10.000

We accept the following payments:

Some payment methods are still in the process of being activated.

Proven OPEC Member Reserves Compared to Non-OPEC Members, 2017

Download

Source

A Small Font
A Medium Font
A Bigger Font

The Organization of the Petroleum Exporting Countries (OPEC) recorded its member countries' proven oil reserves at 1,214.21 billion barrels. This represents 81.89 percent of the total oil reserves compiled from various countries as of December 2017.

Non-OPEC countries held oil reserves totaling 268.56 billion barrels (18.11 percent).

According to this OPEC annual bulletin report, significant discoveries were made, particularly in the Middle East. Proven reserves were also increased thanks to advancements in technology and intensive exploration efforts by its members.

Venezuela held the largest proven reserves, totaling 302.81 billion barrels, representing 24.9 percent of the total reserves.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."