Proved reserves of crude oil reached 301 bil barrels in 2017 in Venezuela, according to EIA. This is 0.308% more than in the previous year.
Historically, proved reserves of crude oil in Venezuela reached an all time high of 301 bil barrels in 2017 and an all time low of 17.9 bil barrels in 1980.
Venezuela has been ranked 1st within the group of 96 countries we follow in terms of proved reserves of crude oil.
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