This chart illustrates the proportions of total world oil resources and consumption of oil in 10 countries.
As evident from the chart, it can be seen that the most oil resources present in Middle East which is 56.52%. On the other hand, lowest oil resources could be found in Australia and New Zealand, which is 0.30%. Comparatively, the greater quantity of oil consumed in Canada, which is 14.84%, while lowest quamtity of oil is consumed by Australia and New Zealand, which is 1.31%.
The significant point to be noted is that, in Eastern Euorpe, there is equal amount of oil resources and oil consumption as well. Furthermore, in Africa, the total oil resources percentage is 6.38%, and half of this amount is consumption of oil. Another important consideration is almost same amount of total iol resources preent in Asia and United States. Finally, in other’s category, there is 1.05% amount of total oil resources and 2.52% of oil consumption.
