GK
WORLD GEOGRAPHY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following countries are global leaders in oil exports?
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Venezuela & China
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Australia & Saudi Arabia
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Japan & United States
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Venezuela & Saudi Arabia
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Explanation:
Detailed explanation-1: -Saudi Arabia is the top country by exports of crude oil in the world. As of December 2022, exports of crude oil in Saudi Arabia was 7, 437 thousand barrels per day. The top 5 countries also includes the United States of America, Iraq, Canada, and Brazil.
Detailed explanation-2: -Venezuela has the world’s largest oil reserves at more than 303 billion barrels. Venezuela and Colombia are the fourth and fifth-largest oil producers in Latin America.
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