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The image shows a bar graph titled 'Over a barrel' with forecasted increases in world oil production for three time periods: 1980-2000, 2000-10, and 2010-20. Three categories of oil-producing regions are represented in each bar: Non-OPEC, Other OPEC, and OPEC Middle East. The y-axis measures million barrels/day in increments of 5, from 0 to 20. From 1980-2000, Non-OPEC production increased by approximately 6 million barrels/day, Other OPEC by roughly 2 million barrels/day, and OPEC Middle East by about 3 million barrels/day. In 2000-10, Non-OPEC production saw an increase close to 4 million barrels/day, Other OPEC approximately 2 million barrels/day, and OPEC Middle East around 8 million barrels/day. For 2010-20, Non-OPEC is predicted to increase by nearly 4 million barrels/day, Other OPEC by approximately 1 million barrels/day, and OPEC Middle East by close to 7 million barrels/day.
Given the complexity of the image, the above description may not be entirely accurate.
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The bar chart illustrates the production of the world’s oil in OPEC and non-OPEC countries. There are three different colours-blue, red, and yellow, used in the chart. The horizontal axis shows the years and vertical axis shows the number of barrels produced in a day.
Overall, OPEC steadily increased throughout the year while non-OPEC countries significantly decreased. However, other OPEC formed in 2000.
Non-OPEC played a crucial role during the year 1980 to 2000 but OPEC consistent in oil production in that duration. Next ten years, Non-OPEC and other OPEC relatively same amount of barrel produced. Although, more number of barrels were produced inOPEC countries compared to others.
From 2010 to 2020, OPEC had a massive growth in oil production while others reversed in the production. However, others and non-OPEC are relatively same the amount of barrel produced but it is a low amount while comparing with the past data.
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