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 ...
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.
By Newsbase MENA syndicate Iran has struck new deposits of “unconventional” oil estimated to hold up to 5bn barrels ...
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 ...