A fourth of the world's oil is produced in Africa, South America and the Asia-Pacific put together. 20 % of the world's oil is produced in Europe and Eurasia and another 20 % in North America. The remaining 35 % of the world's oil is produced in the Middle East.
The US is the largest producer of oil in the world, accounting for 20 %, followed by Saudi Arabia and Russia.
The Asia-Pacific Region consumed 35 % of the world's oil in 2016. North America consumed nearly 25 % and Europe / Eurasia, 20 %. South America and Africa together consumed 12 % and the Middle East 10 % of the world's oil consumption for 2016.
The single largest oil consumer is the United States, with over 10,000 TWh per year. The USA is followed by China (at 7000-8000 TWh), and India at just under 2500 TWh.
The US is the largest producer of oil in the world, accounting for 20 %, followed by Saudi Arabia and Russia.
The Asia-Pacific Region consumed 35 % of the world's oil in 2016. North America consumed nearly 25 % and Europe / Eurasia, 20 %. South America and Africa together consumed 12 % and the Middle East 10 % of the world's oil consumption for 2016.
The single largest oil consumer is the United States, with over 10,000 TWh per year. The USA is followed by China (at 7000-8000 TWh), and India at just under 2500 TWh.
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