Crude Oil

Crude Oil - 10. Nigeria 35.9 11. United States 21.4 World...

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Crude Oil
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Types of Fuels Created from Crude Oil Ethane Diesel Fuel Fuel Oils Gasoline Jet Fuel Kerosene Numerous types of derivatives
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Greatest Oil Reserves by Country, 2006 Rank Country Proved reserves (billion barrels) 1. Saudi Arabia 264.3 2. Canada 178.8 3. Iran 132.5 4. Iraq 115.0 5. Kuwait 101.5 6. United Arab Emirates 97.8 7. Venezuela 79.7 8. Russia 60.0 9. Libya 39.1
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Unformatted text preview: 10. Nigeria 35.9 11. United States 21.4 World total 1,292.5 Organization of the Petroleum Exporting Countries (OPEC) Founded in 1960 OPECs main goal is to stabilize prices in international oil markets. Controls 40% of oil reserves world wide. 60% oil sold internationally. OPEC Countries...
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Crude Oil - 10. Nigeria 35.9 11. United States 21.4 World...

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