Saudi Arabia Sees Its Oil Reserves Lasting Another 70 Years

Updated on
  • Saudi crude reserves not reviewed by independent consultants
  • Country planning to sell bonds, stake in state producer Aramco

Saudi Aramco CEO Nassar Sees Recovery in Oil Prices

Saudi Arabia, the biggest oil exporter, sees its crude reserves of 266.5 billion barrels lasting 70 more years and hasn’t sought an independent consultant to review the figures, according to a bond prospectus seen by Bloomberg News.

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