Oil Reserves

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Definition: Oil Reserves

Oil Reserves
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Sources

Full Definition of Oil Reserves

The approximate estimation of the amount of crude oil that is located in specific regions – typically those such as Kuwait or Saudi Arabia that are considered to be world leaders with regard to oil reserves. These oil reserves are required to have the potential of being extracted by using particular methods.

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https://payrollheaven.com/define/oil-reserves/
Modern Language Association (MLA):
Oil Reserves. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 10, 2025 https://payrollheaven.com/define/oil-reserves/.
Chicago Manual of Style (CMS):
Oil Reserves. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/oil-reserves/ (accessed: March 10, 2025).
American Psychological Association (APA):
Oil Reserves. PayrollHeaven.com. Retrieved March 10, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/oil-reserves/

Definition Sources

Definitions for Oil Reserves are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 16th November, 2021 | 0 Views.