SSC
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: -Other fields are increasing in importance, mainly in eastern Venezuela, where the Oficina Formation was discovered in 1937. About twenty years after the completion of the first oil-producing well Venezuela had become the largest oil exporter in the world and, after the United States, the second largest oil producer.
Detailed explanation-2: -Crude Oil Production in Venezuela averaged 2263.10 BBL/D/1K from 1973 until 2023, reaching an all time high of 3453.00 BBL/D/1K in December of 1997 and a record low of 392.00 BBL/D/1K in July of 2020.
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