How many barrels are estimated to be in the world's oil reserve?

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asked May 20, 2018 40.1k views

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Raz Ronen · Answer 1 · 2018-05-24T01:52:02+0000

BP raised its reserve estimate by 1.1% to 1,687.9 billion barrels, which is enough oil to last the world 53.3 years at the current production rates. However, there's likely a lot more oil left in the tank beyond what BP sees today.

How many barrels are estimated to be in the world's oil reserve?

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