China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (5152)	7/20/2005 11:21:11 PM
From: RealMuLan	Read Replies (1) of 6370

This is the translation from an African magazine on the world oil reserve. By the end of 2004, the known world oil reserve is 1,188 billion Barrel, 55.9% of increase from the known oil reserve of 762 billion Barrel in 1984. Latin A. has the fastest growth rate in oil reserve. 36 billion Barrels in 1984, 82 billion B in 1994, and 101 billion B in 2004 Followed by Africa and ME. By the end of 2004, the oil reserve in Africa has increased from 58 billion B in 1984 to 112 billion B., in ME, the known reserve has increased from 431 billion B. to 734 Billion B. In Europe and Central Asia, the known oil reserve increased 43.3% bet. 1984 and 2004. In Asia Pacific region the known oil reserve is up 79% during the same period. The known oil reserve in North America has been declining from 102 billion B. in 1984 to 61 billion B. in 2004. The link for the Chinese translation: news.hexun.com

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