The chart below shows the proportions of the world’s oil resources held in different areas, together with the proportions consumed annually in the same areas.

The bar chart chart represents data regarding the proportions of the total world’s oil resources stored in nine parts of the world and other parts, with the percentages of total world annual oil consumption. Overall, it is clear that Middle East contains the largest reserves of oil, while Asia and the US are the main […]

The chart illustrates the distribution of the world’s oil resources and annual consumption across various regions. As shown, there is a notable disparity between resource availability and consumption patterns. To begin with, the Middle East is the dominant source of petroleum, accounting for 56.52% of global production. Despite this, it ranks among the lowest five […]