Moonglow
Diamond Member
I believe that the majority of refineries in the US are set up for heavy sour.No. maybe fifth, and its heavy sour.
Venezuela holds the largest proven oil reserves in the world, with approximately 303 billion barrels of crude oil as of 2025. This figure places Venezuela above Saudi Arabia and Iran, which rank second and third, respectively. These reserves, primarily located in Venezuela's Orinoco Belt, consist of extra-heavy crude oil that requires advanced extraction technology