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Which part of the world has the highest reserve of crude oil?

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a

India

b

Middle east

c

China

d

Japan

answer is B.

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Detailed Solution

Natural petroleum products like crude oil are made up of deposits of hydrocarbons and other organic elements. There are 808 million barren areas in the Middle East, yet only these reserves will survive for another 70 years. Following the United States, which has 50 million barrels of crude oil that can last for 10.5 years, there are 1697 million barrels on the entire planet. If oil costs rise, everyone will be burdened by this. Some countries, like the USA, desire to secure oil by military or economic force due to low reserves.

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