A brief overview of oil production in the Middle East

From the inception of OPEC until today, there has been a large share of oil exports and extraction among the member countries of this organization, most of which are located in the Middle East. Of course, it is almost impossible to accurately predict the future of the oil industry in the Middle East, but by examining the growth of the oil economy in this region from the past to the present, we can give general statistics of the future of this industry in the economy and even the use of countries.Given the growth of renewable energy around the world, we still see that Middle Eastern countries have a smaller share of this energy use, and the reason is that these countries rely on fossil fuels. Of course, with the growth of renewable energy, countries around the world still need a safe fuel, which is oil. So in the future we can see the uniform consumption of this fossil fuel over the years.

کلیدواژه ها:

oil economy ، fossil fuel ، OPEC Middle East ، Crude oil export