World Oil Reserves Advanced in 2010, Buoyed by India, Brazil
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Global proved oil reserves rose by 0.5 percent in 2010, boosted by increases in India, Brazil and Russia, according to BP Plc.
Deposits advanced to 1.3832 trillion barrels at the end of last year from a revised 1.3766 trillion in 2009, BP said today in its annual Statistical Review of World Energy. India’s available oil climbed 55 percent to 9 billion barrels.