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Genuine Online Forex Trading
The world has seen and continues to see progress very significant technology in all walks of life and areas including in the area of energy, where it became possible with this technology access to places of energy storage in the ground is possible and Hinda, also became estimating quantities of buried energy resources in the ground is possible.
Concept of oil reserves:
Its mean, what they contain the ground of non-renewable energy sources that could be in the form of crude oil, or natural gas, or gas attendant, or recovered from the liquid gas, and vary the importance of oil reserves account from one party to another,genuine online forex trading
Oil reserve account depends on account a range of things:
1- Estimate of the land area that contains the oil,Square foot unit.
2-The proportion of water contained in the liquid oil
3-Determine the depth and the thickness of the space that contain oil
4-The expense of oil the size of the oil: Crude oil is located in the volume of oil well only.
5-Total oil reserves: part of the total volume of oil but can be extracted and use
6-Remaining reserves: the difference between the volume of oil and the total volume of oil
7-Determine the degree of porosity of the rocks that contain oil: which is equal to the size of the pores that are filled with oil.
More than ten countries possess reserves of oil in the world:
1-Saudi Arabia is the largest country in the world contain oil
2-Canada's second-states contain oil
3-Iran
4-Iraq
5-Kuwait
6-The United Arab Emirates
7-Venezuela
8-Russia
9-Libya
10-Nigeria
