The pie charts and line graph provide information about global energy consumption, the countries with oil reserves, and oil prices worldwide from 2000 to 2025. The prices are measured in dollars per barrel.
Overall, the global demand for oil peaked and experienced slight fluctuations during the specified period. Oil consumption was highest in 2005, while nuclear and hydroelectric energy sources were used the least. Saudi Arabia holds the largest oil reserves compared to other countries, with the United States having the smallest reserves.
In 2000, the global price of oil was just over $30 per barrel. It decreased in the following two years, then rose to almost $60 per barrel in the subsequent four years. By 2010, the price declined gradually to just under $50 per barrel. The price remained relatively stable in the following years, fluctuating slightly but ultimately closing at over $50 per barrel in 2025.
Oil reserves varied significantly from country to country. Saudi Arabia has 20% of the world’s oil reserves, while the United States has only 2%. Other notable reserves include Russia with 5%, Venezuela with 6%, the United Arab Emirates with 8%, Kuwait with 8%, Iraq with 9%, Iran with 10%, Canada with 14%, and other countries collectively holding 18%.