10 Countries that Are Running Out of Oil

Page 2 of 11

10. Brazil

Production (1,000 b/d): 2,437.3
Proven reserves (millions of barrels): 16,184
Years of production left at current level: 18 years
2015 import of crude oil (1,000 b/d): 251.7
2015 import of petroleum products (1,000 b/d): 556.6

We kick off with Brazil. South America’s largest economy needs a lot of oil to fuel its growth. Fortunately for Brazil, there’s plenty of domestic oil production to meet the demand. They do import plenty of refined fuel and even some crude oil, but overall production far outpaces the imports.

10 Countries that Are Running Out of Oil

maradon 333/Shutterstock.com

Page 2 of 11