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Commodities Briefing - Categorized | Oil, Resources more

How much oil is left in the world?

Posted on 22 June 2012

Over the decade of the 1980s, OPEC’s stated reserves increased from 425 billion barrels of oil in 1980 to 763 billion barrels by 1990—an increase twice the size of Saudi Arabia’s entire estimated oil reserves in 1982 .
By 2010, OPEC’s stated reserves had further grown to 1.1 trillion barrels of oil and accounted for 90% of the global oil reserve additions of the previous 30 years………………………………………..Full Article: Source


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