India is known for its incredible food and its rich heritage of tradition and culture, but not known for oil. However, India has 0.3% of the world’s crude oil reserves.<\/p>\n
This represents 5.7 Thousand Million barrels that are in the ground on the Indian Subcontinent.<\/p>\n
That is 5,700,000,000 barrels. Today crude trades at $36.78 a barrel.<\/p>\n
So what are India’s oil reserves worth\u00a0 ?<\/p>\n
5,700,000,000 barrel\u00a0 x $36.78 a barrel = $209,646,000,000<\/strong><\/p>\n in UK\u00a3 = \u00a3141,610,000,000 = \u00a3141 Billion<\/strong>.<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" India is known for its incredible food and its rich heritage of tradition and culture, but not known for oil. However, India has 0.3% of the world’s crude oil reserves. This represents 5.7 Thousand Million barrels that are in the ground on the Indian Subcontinent. That is 5,700,000,000 barrels. Today crude trades at $36.78 a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1385","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1385"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1385\/revisions"}],"predecessor-version":[{"id":1386,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1385\/revisions\/1386"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}