Birdwatch Archive

Birdwatch Note

2023-08-24 12:58:22 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

BRICS members own ~7.6% of the world's crude oil reserves. The invited countries own ~32% of the world's share. the total doesn't amount to 80% https://en.wikipedia.org/wiki/List_of_countries_by_proven_oil_reserves https://www.worldometers.info/oil/oil-reserves-by-country/ https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/energy-economics/statistical-review/bp-stats-review-2022-full-report.pdf The invited countries aren't in BRICS yet https://www.nytimes.com/2023/08/24/world/europe/brics-expansion-xi-lula.html Some invited countries are already part of OPEC, which owns 80% of the reserves https://www.opec.org/opec_web/en/data_graphs/330.htm#:~:text=According%20to%20current%20estimates%2C%2080.4,67.1%25%20of%20the%20OPEC%20total.

Written by 523DEAFA5C9490BC15CB5EA64FA97A8FE7CBF9515BD0C5D484AA2D4F1A9B560E
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• noteAuthorParticipantId - 523DEAFA5C9490BC15CB5EA64FA97A8FE7CBF9515BD0C5D484AA2D4F1A9B560E Participant Details
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• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
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• summary
• BRICS members own ~7.6% of the world's crude oil reserves. The invited countries own ~32% of the world's share. the total doesn't amount to 80% https://en.wikipedia.org/wiki/List_of_countries_by_proven_oil_reserves https://www.worldometers.info/oil/oil-reserves-by-country/ https://www.bp.com/content/dam/bp/business-sites/en/global/corporate/pdfs/energy-economics/statistical-review/bp-stats-review-2022-full-report.pdf The invited countries aren't in BRICS yet https://www.nytimes.com/2023/08/24/world/europe/brics-expansion-xi-lula.html Some invited countries are already part of OPEC, which owns 80% of the reserves https://www.opec.org/opec_web/en/data_graphs/330.htm#:~:text=According%20to%20current%20estimates%2C%2080.4,67.1%25%20of%20the%20OPEC%20total.