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These 15 Countries Hold the Most Oil Reserves
Given that oil will continue to be dominant in the energy mix for the short and medium term, which countries hold the most oil reserves? Below is the data from HowMuch.net for the top 15 countries:...
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These 14 Countries Make Up 93.5% of World’s Proven Oil Reserves
…The world derives over a third of its total energy production from oil, more than any other source by far. As a result, the countries that control the world’s oil reserves often have disproportionate...
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If Russia Stops Exporting Natural Gas To EU Which Countries Could Fill the Void?
Russia currently supplies 40% of the natural gas imported by the EU so, if Russia carries out its threat to turn off the tap, which countries would take up the slack with liquefied natural gas (LNG),...
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U.S. Imports 43% Of Its Crude Oil & Petroleum Product Consumption
Despite being the world’s largest oil producer, the U.S. still imported more than 3 billion barrels of crude oil and petroleum products in 2021, equal to 43% of the country’s consumption and making it...
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How Does Current Decline In Oil Price Compare With Past Spills? (+2K Views)
The price of oil is currently undergoing a major decline but it is nothing compared to other famous oil slumps in history. Let’s take a look. Composition and commentary*** is from VisualCapitalist.com...
View ArticleThese 10 Countries Have the Largest Proven Crude Oil Reserves (+2K Views)
Using the data provided by Barclays commodities analyst Michael Cohen, we put together a list of the 10 countries sitting on the greatest amounts of proven crude oil reserves (bbl). Check them out...
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Oil Is Now Cheaper Than Coffee, Milk, and Even Bottled Water – Really! (+2K...
Oil is now cheaper than coffee, milk, and even bottled water. Really! Take a look at the price comparisons in the chart below. Original Source Want more such articles? Just “follow the munKNEE” on...
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Crude Oil Trading: Where It All Began & Future Predictions (+2K Views)
Today’s infographic serves as the perfect primer for all the questions about oil that you had, yet were afraid to ask. It also illustrates the impact that unexpected geopolitical events can have on the...
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Economist Intelligence Unit Commodities Forecast 2016-20
The Economist Intelligence Unit has produced its first global forecast since the Brexit vote. Please find below, their forecasts for commodities until 2020. The comments above and below are excerpts...
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What Are the Implications of the Fall In the Gold/Oil Ratio To Below 20-to-1?...
The gold/oil ratio is recognized as a sort of canary in a coal mine, giving advance warning of turbulence ahead and, for the first time in 3 years, the ratio is below 20-to-1 compared to its historical...
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