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Oil Reserves

oboloo Glossary

Oil Reserves

Oil Reserves – A term used to refer to the amount of crude oil which an individual country, or a company, has stored away for future use. Oil reserves are important as they provide a steady supply of energy and are vital for economic development. Investing in oil reserves can be highly profitable, but it involves taking on considerable risk – potential political instability, rising international demand and volatile pricing can all affect the return you obtain from your investments.

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