The chart compares the amount of oil resources consumed by several areas compares with the proportion of oil resources possessed by the same areas yearly.
As it is obvious, middle east lonely owns the half of the oil resources of the whole world. However, United States along with Asia are shown as, half of world’s oil consumer, in the chart.
Middle East with 56,52% percent possesses the most oil resources over the world, followed by Canada with 14,84% percent of oil. Central and South America have almost 8% percent and eastern Europe has almost 6% percent of world’s alongside Africa which also has almost the same amount. The rest of the areas like, Asia, US, Western and so on, altogether have nearly 7% percent of the world’s oil resources.
Almost 26% percent of world’s oil is consumed by Asia and approximately 25% percent is used by USA. Western Europe by consuming 19,24% Percent is world’s third oil consumer. Furthermore, eastern Europe and Africa use the same amount of oil as each other which is nearly 6% percent. Moreover, the aforementioned, amount of oil consumption also applies to middle east which has the most oil resources. The rest of the areas, like, Canada, Australia, new Zeeland and others consume about 7% percent together.