Visualizing The Global Black Market For Oil

The value of the crude oil production alone is worth a staggering $1.7 trillion each year. Add downstream fuels and other services to that, and oil is a money-making machine. As VisualCapitalist’s Jeff Desjardins notes, both companies and governments take advantage of this resource wealth. More of the world’s largest companies work in the oil patch than any other industry. At the same, entire government regimes are kept intact thanks to oil revenues.
The only problem when an industry becomes this lucrative? Eventually, everybody wants a piece of the pie – and they’ll do anything to get their share.
THE BLACK MARKET IN FUEL THEFT Today’s infographic comes from Eurocontrol Technics Group, and it highlights the global problem of fuel theft.

This post was published at Zero Hedge on May 10, 2017.