0
It is pretty much everywhere in the Middle East. The oil rich countries are the ones currently drilling, but most of the Middle East has oil reserves.
Most oil though is not in that portion of the world. The United States has the two largest reserves in the world. The Green Valley reserve and the Baikin reserve may hold more then all of the middle east. Environmental rules prevent us from exploiting this reserve.
The above is not necessarily correct. Petroleum in the Middle East is predominantly found around the Persian Gulf area and in the larger North African countries. No Levant country nor Turkey has any current access to petroleum. Israel, however, is trying to mine for petroleum within its territorial waters.
Wiki User
∙ 10y ago
Wiki User
∙ 13y agoThe Persian Gulf or the Arabian Peninsula
Add your answer:
Earn +20 pts
What two things are scarce in the Middle East?
The most valuable resources in the middle east, are Water and Oil.
Is Iraq in the Middle East?
Oil.
Whats the main source of wealth in the middle east?
Oil
Why are most OPEC countries located in the Middle East?
That is where the oil is
What in the Middle East was not directly influenced by oil?
Virtually nothing.
Where is most of the earths oil found?
middle east
What is the major economic resource found in Middle East?
Oil
Where is most oil found in the middle east?
around the Persian Gulf
What natural resource was found in the Middle East in the early 1900s?
Oil.
Where is half of the earth's known supply of oil is located?
In the Middle East is where most of the oil is found.
Crude oil where do you get it from?
You get crude oil from the ground.crude oil is a naturally occurring, flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights, and other organic compounds, that are found in geologic formations beneath the earth's surface.Crude oil can be found in the Middle East or to be more precise in the earths rock formation. The Middle East produce more than 50 percent of the worlds crude oil supply.crude oil can be found in the middle-east curry
Where does the US get much of it oil from?
the Middle East
Why is the middle east said to have a comparative advantage in producing oil?
Middle East nations can produce oil less expensivelyNova Net Answer: Middle east nations can produce oil less expensively.
Why was the middle east said have a comparative advantage in producing oil?
Middle East nations can produce oil less expensivelyNova Net Answer: Middle east nations can produce oil less expensively.
In which region are most of the world's oil reserves concentrated?
The Middle East
Where does the United states get much of its oil from?
Middle East
Do they buy the oil from middle east?
Many countries by oil from the middle east. (70% of all countries) :)
