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. Summarise the information by selecting and reporting the main features, and make comparisons where relevant.

The presented graph illustrates the data about the percentages of

oil

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resources in various areas worldwide. In summary, the Middle East holds the most

oil

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resources around the world,

while

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Asia, the United States and Western

Europe

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are major areas that consume more

oil

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than others. As we can see, 56.52% of crude

oil

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is stored in the Middle East. It accounts for more than half of total reserves and almost four times the petroleum resources in Canada (14.84%). Central and South America (combined), Eastern

Europe

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, and Africa hold approximately 8% to 6% of

oil

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reserves. The other regions,

such

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as Asia, the United States, Western

Europe

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, Australia and New Zealand (combined), and others have below 3%. As for consumption of these reserves, Asia, the United States and Western

Europe

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use them at levels roughly 20%-26%,

while

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the Middle East, Central and South America (combined), and Eastern

Europe

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consume three times less.