The World Oil Market Mohan G. Francis

In the background of a looming war in the part of the world where the maximum oil reserves are found, the article examines the World Oil Market from the perspective of OPEC and Non-OPEC divisions, World proven oil reserves and world refinery capacity. Further it lists the top consumers, producers, exporters and importers of oil in the world as well as measures the extent of dependency of the top ten consumers on the import of oil.

World_Oil_Market (Download the full text in PDF format)