Energy

Oil or petroleum is the backbone of international economy as it meets the major energy demands of the world. Oil is a precious commodity and Middle East is the blessed region which holds 56% of proven oil reserves in the world. According to an estimate the world consumes 80.29 million billion barrel... readmore

Oil or Black Gold has become the most important source of energy in the world. The usage of oil is increasing day by day as the population is increasing daily. The consumption of oil in the world is 99566882 billion barrel per day till 2009. United States is the largest oil consuming country in the... readmore