Answered

IDNLearn.com makes it easy to find precise answers to your specific questions. Join our interactive Q&A platform to receive prompt and accurate responses from experienced professionals in various fields.

What are oil reserves?

Sagot :

Answer: Oil reserves denote the amount of crude oil that can be technically recovered at a cost that is financially feasible at the present price of oil. Hence reserves will change with the price, unlike oil resources, which include all oil that can be technically recovered at any price.

Explanation:

Your presence in our community is highly appreciated. Keep sharing your insights and solutions. Together, we can build a rich and valuable knowledge resource for everyone. Thank you for choosing IDNLearn.com. We’re committed to providing accurate answers, so visit us again soon.