Africa Plays a Key Role in the Global Oil Market with Significant Strategic Reserves
Africa plays a crucial role in the global oil market, boasting significant strategic reserves.
Libya dominates the continent, ranking 9th globally, with 48.36 billion barrels, followed by Nigeria (36.89 billion) and Algeria (12.2 billion).
Angola and South Sudan complete the top 5, with 7.78 billion and 3.75 billion barrels, respectively.
