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Venezuela has the largest oil reserves in the Western Hemisphere and was a founding member of OPEC. It has nearly 80 billion barrels of oil reserves and provides 15% of The United States' oil. It is the seventh largest producer of oil in the world.

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7mo ago

Venezuela is a major producer of oil in South America, with significant reserves and export capacity.

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Q: Which South American country is a major producer of oil?
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