Wednesday, July 06, 2016

Crude Oil: How The Tables Have Turned!

Move over OPEC, U.S. now has the world's biggest oil reserves: study

Move over Venezuela, there is a new contender for the title of the world's largest crude oil reserves holder. Thanks to its shale riches, the United States now holds more recoverable crude oil reserves, according to a new study by Rystad Energy, a Norwegian energy consultancy. Using its own methodology, the consultancy says the United States…