The 10 Largest Proven Oil Reserves in the World

Shale oil production in the US has grown exponentially in the past few years making the country as a net exporter of oil recently. However in terms of proven reserves, Saudi Arabia, Venezuela and Canada have the largest proven oil reserves in the world as shown in the following chart: Click to enlarge   Source: …

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Russia Ranks Second in Global Arms Sales

Russia has overtaken the UK to become the world’s 2nd largest weapons seller based on 2017 data according to a report by The Stockholm International Peace Research Institute (SIPRI). At number one, the US remains the undisputed king in weapons sales with sales of over $222.6 billion. The following graphic shows additional details on global …

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