How oil flows in and out of every major region around the world

How oil flows in and out of every major region around the world

Every major economy around the world is fueled by oil. But most of them don’t produce the oil they use.

In its new “Statistical Review of World Energy” report, BP included a map tracking oil trade flows around the world.

The Middle East leads the board in crude exports with 850.1 million tonnes shipped out in 2014. It’s followed by Russia (294.8), West Africa (213.9), and Canada (148.6).

In terms of product exports, like gasoline and diesel, the US is No. 1 with 179.9 million tonnes, closely trailed by, again, Russia and the Middle East.

On the flip side, Europe is the biggest importer of both crude (446.9) and product imports (173.5). The US, China, India, Japan, and Australasia are also major consumers of both crude and refined product.

This map also serves as a pretty good tool for seeing who benefitted from the lower oil prices, and who suffered from them.

 

Source: Business Insider

Date: August 2015

Watch the infographic



Related Articles

How Trump can influence climate change

During the presidential campaign, Donald J. Trump said he would take the United States out of the Paris agreement and

2015 renewable electricity totals more than half of 14.4 GW of new electricity capacity completed

According to Utility Dive, 2015 renewable electricity accounted for 61% of 2015 electricity capacity additions across the United States, while

If all the ice melted

National Geographic has produced several maps showing the world as the world’s coastlines are now, with only one difference: all