The bar charts illustrate how the indexes of worldwide produced oil resources and its annual usage differ in 10 different areas. The data is in percentage.
Overall, in the Middle East, there is the largest amount of oil reserves, while in Asia, there is the highest oil consumption. By contrast, in Eastern Europe, there is as much oil consumed as produced.
The Middle East and Canada are the regions with the biggest oil supplies, 56.52 and 14.84, respectively, which account for roughly 70% of world oil supplies. In Central and South America, Eastern Europe and Africa, there are owned approximately 7% each, and almost a whole part of oil undergoes utilisation, except in Africa, where only a half of oil resources is used.
Asia, the United States and Western Europe are the biggest consumers out of 10 countries, expending around 20 and 25 despite a tiny oil formed underground, ranging between roughly 1.5 and 3. Meanwhile in Australia and New Zealand, the figures were the least in the amount of black gold both saved and used, equaling below 1 and 1.03. In the remaining countries, there is the lowest consumption and oil resources.