- Latin America, despite relatively unimpressive production levels, holds a significant portion of the world’s proved oil reserves.
- Venezuela, once one of the major powerhouses of the global oil industry, still holds the largest proved oil reserves on earth.
- Rounding off the list of the five largest oil reserves in the region are Argentina, Mexico, Ecuador, and Brazil.
Matthew Smith writes for Oil Price on the 5 Latin American Countries With The Largest Oil...