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Brazil, Mexico and Venezuela stand as such.

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The countries in Latin America with the most oil reserves are Venezuela and Brazil. Venezuela has the largest proven oil reserves in the world, while Brazil also has significant reserves offshore in the pre-salt fields. Other significant oil-producing countries in Latin America include Mexico, Colombia, and Argentina.

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Q: What countries in latin America have the most oil?
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Related questions

What countries produce oil in Latin America?

Most of them do, with the exception of Central America and several islands in the Caribbean. The largest producers of oil would be Mexico, Venezuela and Brazil.


Where in south America is oil found in?

Most countries in Latin America have oil reserves of varying sizes. The largest can be found in Mexico, Brazil and Venezuela.


What two Latin America countries have oil as their major source of income?

Mexico and Venezuela are such countries.


What are two major resources found in Latin America?

Two major resources found in Latin America are oil and minerals. Many countries in the region are rich in oil reserves, particularly Venezuela and Brazil. In addition, Latin America is known for its abundant deposits of minerals such as copper, silver, and gold, with countries like Chile and Peru being major producers.


What energy source does Latin America get most of its power?

Oil


What countries create most of Latin America's oil pollution?

The worst offenders would include Mexico, Venezuela, Colombia, Ecuador, Brazil and Argentina, which together produce 99% of the region's oil and most certainly would create most of the oil pollution.


What are the five countries that produce the most oil?

The five countries that produce the most oil are the United States, Saudi Arabia, Russia, Canada, and China. These countries have significant oil reserves and infrastructure to extract and export oil on a large scale.


What is most of Latin America's economy based on?

Raw materials (oil, gas, copper, silver).


Which latin American country has the largest oil reserves?

Venezuela has the largest oil reserves in Latin America. Its oil reserves are estimated to be the largest in the world.


Which is most abundant in latin America north of the equator?

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What are the countries in Caribbean South America are export oil?

The countries that export oil are Venezuela and Colombia!