11 Biggest Oil Companies in the World

Importance of oil is something that everybody understands today, as almost every mean of transportation, whether it’s of goods or transporting people from one place to another, needs oil mandatorily. Changes in oil prices affect every product/service that requires transportation. Have you ever wondered which are the biggest oil companies? Let’s find out on Insider Monkey, as it has compiled a list of eleven biggest oil companies in the world.

There is no denying the fact that oil and petroleum are the crux of the activities of the modern world and hence, its prices and production affect each one of us. Whether it is for industry or for commercial use, our daily lives are crippled without oil and petroleum products. And, even when sources are susceptible to depletion, the oil consumption of the world is skyrocketing at a staggering 30 billion barrels per year.


Of course, such a huge consumption figure has to be met with an equally enormous extraction of oil and the biggest oil companies in the world are accounting for the largest volumes of it. The industry tackles most of the earth’s energy needs, and most of it, up to almost 53%, is accounted for by the Middle East. To read more, please visit 11 Biggest Oil Companies in the World.

0 Yorum Var.: