consumption the Asia-Pacific is leading with China at the forefront, accounting for nearly 12 % of the global crude consumption in 2013. Other major consumers in Asia-Pacific include South Korea, Japan and India. The U. S is the largest consumer of crude oil as a single country, accounting for nearly 20 % of the global crude consumption in 2013. The Asia- Pacific and South & Central American regions have shown the highest growth in crude consumption from 2008 in 2012. Moderate increase in consumption levels has been observed in the Middle East and African region while Europe has shown a decreasing consumption trend. North Americas demand for crude since 2008 has remained nearly constant.
Some of the major crude oil producers in the world include Saudi Aramco, Gazprom, Exxon Mobil, Rosneft, Royal Dutch Shell, Chevron and Total among others.
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