Oil geography
Click for a zoom...
Production and consumption in balance
Majority producer Majority consumer
Ranking by continent
 in million tons
Production
Consumption
North America 475 913
Latin America 477 278
Middle East 987 191
Far East/Oceania 363 885
Africa 359 110
Western Europe 317 673
Eastern Europe 363 263
The ProductionFlash-back
The countries that produce the most oil are not necessarily the ones that consume the most. The largest consumers are the most heavily industrialized countries. Moreover, world oil consumption has increased sixfold since 1950. So, since oil consumption and production do not happen in the same places, the international oil trade is a necessity.