Section 449 OPEC
73.4*7.33 is equivalent to about 53.8 billion barrels.
The world's oil reserves are ranked according to the world's proven oil reserves, and the unconfirmed oil reserves are not counted.
The first is Saudi Arabia, with 262.6 billion barrels, accounting for 17.85% of global reserves.
The second is Venezuela, with 211.2 billion barrels.
The third to sixth places are Canada, Iran, Iraq, and Kuwait, with reserves of 175.2 billion barrels, 137 billion barrels, 115 billion barrels, and 104 billion barrels, respectively.
The seventh is the country of local tyrants, the United Arab Emirates, with 97.8 billion barrels.
8th, Russia 60 billion barrels.
9th, Tortuga 53.8 billion barrels.
The island of Tortuga replaced the 9th place in Libya under the madman Gaddafi.
Compared with the United States, the United States has oil reserves of 20.68 billion barrels, far less than half of Tortuga oil reserves, 37.9%.
Compared to China, China's oil reserves are 14.8 billion barrels, less than 30% of Tortuga oil reserves.
Ranking of the world's oil reserves, Tortuga Island ranks 9th, this is the first oil field discovered on Tortuga Island, you know, although the land area of Tortuga Island is small, only more than 180 square kilometers, but the area of territorial waters and exclusive economic zones is not small.
Exploration can continue in these shallow areas, as well as in deep sea areas, and the possibility of discovering oil fields is very high.
You know, the Gulf of Mexico stretches all the way to Central and South America is an oil-rich region.
The Gulf of Mexico is one of the two largest oil regions along with the Persian Gulf.
The Gulf of Mexico, the Persian Gulf and North African oil fields are all located within 20°-40°N latitude, and this belt concentrates 51.3% of the world's oil reserves;
In Central and South America, Venezuela, Brazil and Ecuador are the world's largest oil producers, and Venezuela's oil reserves even surpass those of Saudi Arabia.
The third largest oil field in the world. The world's ninth-largest oil reserves, accounting for 4% of the world's oil reserves, and the Bolivar oil field is compared to the nearby Bolivar oil field.
Most of the oil produced by Bolivar is of poor quality heavy oil, super heavy crude oil, while the oil produced by the Boliis field is all good quality oil. With a freezing point of less than -20 degrees Celsius for easy transportation, low-sulfur light oil is the preferred choice of the refining industry and its high-value products such as gasoline, diesel, civil fuel oil and jet fuel are highly profitable.
Due to the small size and small population of Tortuga Island, the government has put in place strict environmental protection measures, and there are very few places where fuel is used, and almost all the oil extracted can be exported.
The most important point. Tortuga is the second-largest oil reserve outside OPEC, the first is Russia, which is eighth-placed, and has the ability to rank among the top five oil exporters.
It is conceivable that the discovery of the Bolis oil field will have an impact on world oil prices.
Chen Rui handed over the report on the reserves of the Bolisi oilfield to a financial trading team composed of elite generals from the Finance Department of the Royal Asset Management Committee, the Financial Department of the Government and the Government, the Financial Authority and the Central Bank.
As for how they operate. Chen Rui doesn't talk much, and professional things are left to professional people to do.
Oil is a catalyst for the world economy.
The price of international oil has risen in line with the growth of the world economy.
In 2014. In June, during the 10-year boom in the oil market, the price of crude oil rose to $116 per barrel, and by late August 2015, it had fallen to $40.89. Decreased by 64.75%.
As the world economy recovers and continues to grow, rising powerhouses such as China, Brazil, and India. South Africa and other countries, the old powerhouses of the United States, the United Kingdom, France and other countries have created rounds of economic miracles, and the consumption of crude oil has exploded.
By September 2019, the price of international crude oil has continued to rise from the trough in the second half of 2015 to more than $142 now, and it is still rising, and some people expect that this price will continue to rise for a long time.
As the owner of the world's third largest oil field, Chen Rui can make more money, every $1 increase in 1 barrel is 4 million US dollars per day, and he earns an extra 4 million US dollars per day.
Of course, the disadvantages are also very large, the price of oil is too high, prompting oil-importing countries to develop and research unconventional energy sources that are cheaper than high-priced oil, such as tar sands, tight oil, heavy oil, shale gas, coalbed methane, shale oil, oil shale, and new energy, the aforementioned combustible ice and solar, wind, tidal energy and other renewable energy, to occupy the market share of oil, which greatly harms the interests of oil-exporting countries.
Of course, adjusting oil prices to safeguard the individual and common interests of the oil-exporting countries is an OPEC business.
The so-called OPEC, Chinese transliteration, OPEC, that is, the Organization of the Petroleum Exporting Countries.
Founded on September 14, 1960, OPEC was registered with the United Nations Secretariat on November 6, 1962 and became a formal international organization.
There are currently 12 member states, including Saudi Arabia, Iraq, Iran, Kuwait, the United Arab Emirates, Qatar, Libya, Nigeria, Algeria, Angola, Ecuador and Venezuela.
OPEC members account for 77% of the world's oil reserves and 40% of oil production.
OPEC was established to eliminate harmful and unnecessary price fluctuations, to ensure the stability of oil prices in the international oil market, and to ensure that all member countries can obtain stable oil revenues under any circumstances.
Generally speaking, all oil exporting countries unite to safeguard everyone's interests, international oil prices are high, not in everyone's common interests, OPEC will coordinate the member countries to increase production to achieve international oil prices down.
In the same way, on the contrary, international oil prices are low, which is not in the common interest of everyone, and the OPEC conference will coordinate the production reduction of member countries to achieve international oil price rise.
Of course, OPEC will also exert international political pressure by manipulating oil prices, which is how the first oil crisis came about, which eventually triggered the largest economic crisis in the post-war capitalist world in 1973~1975.
What Chen Rui wants to do is to consciously spread the news of the discovery of the Bolisi oilfield, the reserves of the oilfield, and the quality of oil to the world, causing the international crude oil price to fall, and making a lot of money by buying oil short.
After the financial trading team was ready, tens of billions of funds entered through countless secret accounts. (To be continued......)