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.

Use oil reserves in a sentence

There was not enough left in the oil reserves, so we had to go try to find some other ones later on.

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Our oil reserves are not unlimited and thus we should be treating them as the very precious limited resource they are.

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The Saudi Arabian oil reserves served as a boon to the national economy, and soon tourists were flocking there as well.

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