Proved reserves of crude oil reached 13.0 bil barrels in 2017 in Brazil, according to EIA. This is 19.7% less than in the previous year.
Historically, proved reserves of crude oil in Brazil reached an all time high of 16.2 bil barrels in 2016 and an all time low of 1.22 bil barrels in 1980.
Brazil has been ranked 14th within the group of 96 countries we follow in terms of proved reserves of crude oil.
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