Author Topic: Concerned about Venezuala  (Read 362 times)

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Offline ?Impact

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Re: Concerned about Venezuala
« Reply #15 on: May 11, 2019, 02:08:51 pm »
the largest reserves are in the magic Kingdom (Saudi Arabia) not Venezuela.

The oil in Saudi Arabia (16% of global total) is more accessible, but Venezuela has larger proven oil reserves (18%). Canada comes in third at 10%, Iran is fourth at 10% (marginally less than Canada), followed by Iraq, Kuwait, UAE, and Russia.