BP Announces that Venezuela Now Have the Largest Oil Reserves in the World

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BP Announces that Venezuela Now Have the Largest Oil Reserves in the World

OilPrice – BP has just released its annual Statistical Review of World Energy in which it claims that Venezuela now holds the largest proven oil reserves in the world, overtaking the original leader Saudi Arabia. The South American nation’s oil deposits were increased from last year’s figure to an estimated at 296.5 billion barrels, more than Saudi Arabia’s 265.4 billion barrels. Read Article

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