Question

About 93% the world’s fuel reserve is

Answer 1

as mentioned above ,petroleum events are not disturbed even around the world. indeed according to estimates published by 2015 by the U. S department of energy, as few as 15 countries account more than 75% of the world's oil production roughly and hold 93% of its reserves.

Answer 2

About 93% of the world’s fuel reserve is oil (petroleum or crude oil).

Explanation:

• This is because petroleum resources are not equally scattered throughout every country.

• According to the department of energy stated that world oil production is totally in 15 countries.

• As per an 'OPEC' Annual Statistical Bulletin 2019, the current estimate of 79% is located in OPEC Member Countries, which are mainly located in the Middle East.

• Oil is especially used as a fuel because of its 'high energy '.

• 'OPEC' member countries include Saudi Arabia, Iran, Iraq, Kuwait, Libya, and many others are there.

• In that world oil production is approximately holding 93 percent of its reserves.

• Oil is utilized for transport fuels as it is a 'nonrenewable resource'.

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