OPEC: Volume of approved global oil reserves increases

OPEC: Volume of approved global oil reserves increases
  • Clock-gray 17:22
  • calendar-gray 13 July 2020

The volume of approved global oil reserves increased by 3,6% to reach 1,551 trilion barrels last year, annual statistical bulletin of OPEC reads, APA-Economics reports.

It was noted that this indicator was 1,497 trilion barrels in 2018. According to the information, the approved oil reserves of OPEC countries in 2019 was 1,23 trilion barrels in 2019 and this is 3,7% more in annual comparison.

 

Emil Ismayilov

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