Business & Economy

Black Gold Rush: When Will We Run Out of Oil?

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Non-OPEC nations have larger oil reserves and are projected to last longer than OPEC countries, as per estimates.
The world has approximately only nine years' worth of oil left in its stocks.
Earlier in July, Russia and Saudi Arabia, two major oil exporters, made the decision to prolong their voluntary oil production reductions until August with the aim of boosting crude prices.
Sputnik has designed a concise infographic showing the nations with the largest oil reserves, and when the world might run out of this 'black gold'.
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