The bar chart below shows the production of the world’s oil in OPEC and non-OPEC countries. Write a short report for a university lecturer describing the information shown below. Write at least 150 words.
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The bar chart illustrates the world's oil production for three categories of countries between the years 1980 to 2020.
Overall
, there is a steady increase in the manufacturing sector in the non-OPEC organization, whereas
, the counterpart shows a gradual decrease in terms of average grece population.
Specifically, the non-OPEC community initially
started with approximately 3 barrels in oil manufacturing and quickly raised their output up to 7 between the period 2000 to 2010. This
upward trend continues from 2010 to 2020 time period . In contrast
, for the other OPEC members, the aforementioned figure demonstrates a steady decline from 10 to 6 barrels per year in the time 2010. This
is the phenomenon that continue to persist in the upcoming time when production further
drops to 2 barrels in each quarter. Although
the people in the Middle East started digging for petroleum in the year 2000 and contributed much of the earth's lubricate export, they also
exhibited a similar inclination in the output as other OPEC members.
Interestingly, in recent years total production slightly dropped from 18 to 16 in quantity, where the majority of the shareholders are non-OPEC countries. However
, between 2000 and 2010 when the export was at its peak, this
yield was substantially controlled by the OPEC members.Submitted by swakshar.sd on
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