Many people are unaware of the massive amount of oil and refined petroleum that is shipped and consumed around the word. Every day, there are approximately 84 million barrels of oil used. Every day. 3.5 billion gallons, 5345 Olympic swimming pools, 13 Empire State Buildings. Quite unbelievable.
In india Oil prices are increasing every 3 months, & the cost of all the products are subsequently increasing with the increase of Oil prices. Today, i wanted to get to the bottom of the real cause.
Many countries decreased the amount of oil imported in the last year of complete data (2009), probably due to the global recession. China and India are among the top importers bucking this trend.