Latest estimates by the Organization of the Petroleum Exporting Countries have revealed that the total proven crude oil reserves in the world currently stand at over 1,569.3 billion barrels ...

Many African countries depend on oil for economic growth, energy generation, and revenue collection, making it a crucial ...

oil products - by 2.2 mln barrels. These reserves covered the needs of the OECD countries in oil for 71 days, which is 10 days more than a year earlier. Belarus-Russian exchange turnover more than ...

Using data from British Petroleum's 2013 statistical review of world energy, we calculated the countries with the largest reserves in three key fossil fuel categories-oil, coal, and natural gas.

ViewStock / Getty Images Strategic petroleum reserves (SPRs) are stockpiles of crude oil maintained by countries for release in the event of a supply disruption. The U.S. Strategic Petroleum ...

GCC countries ranked first in global energy indicators and first in crude oil production, crude oil reserves, crude oil exports and natural gas reserves. Additionally, the GCC countries ranked second ...