The graph compares possible oil production capabilities of six Gulf countries from 1990 to 2010. All in all, Saudi Arabia seems to be the leading oil generating nation as the production levels escalated quicker than the other countries.
As per the presentation, the approximate oil producing capacity of Iran in 1990 was nearly 3 million barrels a day. After a decade and a half, this capacity reached 4 million a day. Finally, in 2010, the production improved slightly. In comparison to Iran, the oil generating capability of Iraq looks lower as the stock was roughly 2 million barrels a day in 1990. However, in 2010, the number almost doubled. On the contrary, Kuwait produced less than 2 million barrels a day and the production amount stood at 3. 5 million in the year 2010.
Also, throughout the decade, Qatar produced the lowest amount of oil, accounted for nearly 0. 5 million barrels a day. After two decades, the production level remained consistent at the same level. Also, in the United Arab Emirates, the generation showed a similar pattern as compared to Iraq and the production reached nearly 4 million barrels in 2010.
Lastly, the oil generating levels of Saudi Arabia seemed to be the highest than other nations. In 1990, it produced more than 8 million barrels a day, which turned out to be approximately four times more than other nations. The daily production also soared to more than 14 million barrels and this was slightly the same as the cumulative oil production of other nations.
The graph compares possible
oil
production
capabilities of six Gulf countries from 1990 to 2010. All in all, Saudi Arabia seems to be the leading
oil
generating
nation
as the
production
levels
escalated quicker than the
other
countries.
As per the presentation, the approximate
oil
producing capacity of Iran in 1990 was
nearly
3
million
barrels
a day. After a decade and a half, this capacity reached 4
million
a day.
Finally
, in 2010, the
production
improved
slightly
.
In comparison
to Iran, the
oil
generating capability of Iraq looks lower as the stock was roughly 2
million
barrels
a day in 1990.
However
, in 2010, the number almost doubled.
On the contrary
, Kuwait produced less than 2
million
barrels
a day and the
production
amount stood at 3. 5
million
in the year 2010.
Also
, throughout the decade, Qatar produced the lowest amount of
oil
, accounted for
nearly
0. 5
million
barrels
a day. After two decades, the
production
level
remained consistent at the same
level
.
Also
, in the United Arab Emirates, the generation
showed
a similar pattern as compared to Iraq and the
production
reached
nearly
4
million
barrels
in 2010.
Lastly
, the
oil
generating
levels
of Saudi Arabia seemed to be the
highest
than
other
nations
. In 1990, it produced more than 8
million
barrels
a day, which turned out to be approximately four times more than
other
nations
. The daily
production
also
soared to more than 14
million
barrels
and this was
slightly
the same as the cumulative
oil
production
of
other
nations
.