The propotions of the worlds oil resources held in different areas, together with the consumption annually in different areas
The propotions of the worlds oil resources held in different areas, together with the consumption annually in different areas p1g1y
The following horizontal bar charts on the left shows the proportions of total world oil resources, while the chart on the right pictures the proportions of total world annual oil consumption in 10 various regions, namely the Middle East, Canada, Central and South America, Eastern Europe, Africa, Asia, United States, Australia and New Zealand, and others. The Middle East has the most oil resources, which takes up more than half of the world’s oil resources, while its consumption of oil is low, only 6. 15%. On the contrary, Asia, the United States and Western Europe have low oil supplies, less than 6% in total, but 3 of the regions have relatively high consumption of oil, which makes up more than 70% of world oil consumption in total.
Canada has the second highest oil production in the world, which accounts for 14. 84%, while its annual oil utilization is considerably one of the lowest among the 10 regions, constituting only 2. 48% of the total world annual consumption. Falling short on third place is Central and South America, where it contributes to 8. 12% of the world's oil resources, and has an annual consumption of approximately 6. 70%. Both Canada as well as Central and South America have relatively higher oil resources compared to its consumption. Apart from that, the top 3 regions in the chart have acquired nearly four-fifth or 80% of the world’s oil resources.
On the other hand, Eastern Europe’s oil resource and annual oil consumption percentage is comparatively even, which makes up 6. 58% and 6. 56% respectively. This proves that the utilisation of oil balances the production in Eastern Europe. Meanwhile in Africa, its oil resource percentage, 6. 38% nearly doubles the percentage of its annual oil consumption of 3. 35%. The region that has the least oil resources and consumption is Australia and New Zealand, which only accounts for 0. 3%, less than 1% of the world’s oil resource and only consumes 1. 31% of the world’s oil per year. The other region that was not mentioned accumulated 1. 05% of the world’s oil resources and utilises 2. 52% of the annual world oil.
In short, only 4/10 regions in the chart have higher oil resources in comparison to its oil consumption, while only Eastern Europe has a balance of both. 
The following horizontal bar  
charts
 on the  
left
  shows
 the proportions of  
total
  world
  oil
 resources, while the  
chart
 on the right pictures the proportions of  
total
  world
 annual  
oil
  consumption
 in 10 various  
regions
,  
namely
 the Middle East, Canada, Central and South America, Eastern Europe, Africa, Asia, United States, Australia and New Zealand,  
and others
. The Middle East has the most  
oil
 resources, which takes up more than half of the  
world’s
  oil
 resources, while its  
consumption
 of  
oil
 is low,  
only
 6. 15%.  
On the contrary
, Asia, the United States and Western Europe have low  
oil
 supplies, less than 6% in  
total
,  
but
 3 of the  
regions
 have  
relatively
 high  
consumption
 of  
oil
, which  
makes
 up more than 70% of  
world
  oil
  consumption
 in total.
Canada has the second highest  
oil
 production in the  
world
, which accounts for 14. 84%, while its annual  
oil
 utilization is  
considerably
 one of the lowest among the 10  
regions
, constituting  
only
 2. 48% of the  
total
  world
 annual  
consumption
. Falling short on third place is Central and South America, where it contributes to 8. 12% of the world's  
oil
 resources, and has an annual  
consumption
 of approximately 6. 70%. Both Canada  
as well as
 Central and South America have  
relatively
 higher  
oil
 resources compared to its  
consumption
. Apart from that, the top 3  
regions
 in the  
chart
 have acquired  
nearly
 four-fifth or 80% of the  
world’s
  oil
 resources. 
On the other hand
, Eastern Europe’s  
oil
  resource
 and annual  
oil
  consumption
 percentage is  
comparatively
 even, which  
makes
 up 6. 58% and 6. 56%  
respectively
. This proves that the  
utilisation
 of  
oil
 balances the production in Eastern Europe.  
Meanwhile
 in Africa, its  
oil
  resource
 percentage, 6. 38%  
nearly
 doubles the percentage of its annual  
oil
  consumption
 of 3. 35%. The  
region
 that has the least  
oil
 resources and  
consumption
 is Australia and New Zealand, which  
only
 accounts for 0. 3%, less than 1% of the  
world’s
  oil
  resource
 and  
only
 consumes 1. 31% of the  
world’s
  oil
 per year. The other  
region
 that was not mentioned accumulated 1. 05% of the  
world’s
  oil
 resources and  
utilises
 2. 52% of the annual  
world
 oil.
In short,  
only
 4/10  
regions
 in the  
chart
 have higher  
oil
 resources  
in comparison
 to its  
oil
  consumption
, while  
only
 Eastern Europe has a balance of both.