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Is Brazil rich in oil? Is Brazil rich in oil?

1, Brazil is rich in oil resources and extremely lacking.

2. However, Brazil is rich in mineral resources, with proven iron ore reserves of 65 billion tons, ranking second in the world in terms of output and export. The reserves of uranium, bauxite and manganese ore rank third in the world. In addition, there are abundant chrome, nickel and gold mines. The coal mine reserves are 23 billion tons, but its grade is low. Oil reserves are about 3.6 billion barrels, oil shale is equivalent to 654.38+0.5 billion barrels of oil, and natural gas reserves are 654.38+0.3 billion cubic meters. Water resources are abundant. The forest coverage rate is 52.2%. Abandonment of industrial housing in Latin America. In the 1970s, a relatively complete industrial system was established. The main industrial sectors were steel, automobile, shipbuilding, petroleum, cement, chemical industry, metallurgy, electric power, textile and construction. Nuclear power, communications, electronics, aircraft manufacturing and military industry have entered the ranks of advanced countries in the world.