In 2021, crude oil reserves in Venezuela reached close to 304 billion barrels, more than triple the figure reported at the beginning of the previous decade. In turn, Venezuela boasted the largest crude oil reserves worldwide. Nevertheless, the country's oil production dipped below one million barrels per day in recent years, a drop of more than threefold in comparison to a decade earlier.
Proved crude oil reserves in Venezuela from 2010 to 2021
(in billion barrels)
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EIA. (June 1, 2022). Proved crude oil reserves in Venezuela from 2010 to 2021 (in billion barrels) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/961643/crude-oil-reserves-venezuela/
EIA. "Proved crude oil reserves in Venezuela from 2010 to 2021 (in billion barrels)." Chart. June 1, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/961643/crude-oil-reserves-venezuela/
EIA. (2022). Proved crude oil reserves in Venezuela from 2010 to 2021 (in billion barrels). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/961643/crude-oil-reserves-venezuela/
EIA. "Proved Crude Oil Reserves in Venezuela from 2010 to 2021 (in Billion Barrels)." Statista, Statista Inc., 1 Jun 2022, https://www.statista.com/statistics/961643/crude-oil-reserves-venezuela/
EIA, Proved crude oil reserves in Venezuela from 2010 to 2021 (in billion barrels) Statista, https://www.statista.com/statistics/961643/crude-oil-reserves-venezuela/ (last visited November 21, 2024)
Proved crude oil reserves in Venezuela from 2010 to 2021 (in billion barrels) [Graph], EIA, June 1, 2022. [Online]. Available: https://www.statista.com/statistics/961643/crude-oil-reserves-venezuela/