The table illustrate the information about the proportions of the globe oil resources held in different areas, together with the percentages consumed annually in the same areas. The data is presented in the percentage format.
To began with, middle East has the highest proportion of world’s oil resources, while the percentage of globe annual oil consumption are 6.15 percent. In addition to this, the proportion of Canada are 14.84% and 2.48% respectively. Apart from this, Central and South America, Eastern Europe and Africa for approximately the same percentage.
Further more, Asia and United States has the largest proportion of world’s oil resources, while the proportion of oil resources are nearly the same. Moving further, the difference between their two resources is greater in proportion to Western Europe. Additionally, the proportion of the globe oil resources placed in Australia and New Zealand is negligible. although ,the percentage of consumption annually is 1.31 percent.
Overall, it can be clearly seen that the maximum share of the world oil resources is in the middle East
