Sample Detail

The table illustrates the how many barrels of oil were produced a day in four different countries between 2000 and 2004. Overall, it is observed that Chad and Somalia experienced an upward trend throughout the period. Conversely, Congo recorded a consistent decline, whereas Nigeria, after decreasing slightly in 2001 and 2002, recovered to the leading position. Congo began with the highest output among countries examined, with 275,000 barrels; however, this figure fallen steadily each year and touched the bottom at 203,000 barrels in 2004. Meanwhile, Nigeria initially declined slightly from 205,000 barrels to 201,000 barrels 2001 before falling to a minimum of 190,000 in 2002. Subsequently, this figure experienced a substantial growth to 210,000 in 2003, and hit a peak of 213,000 at the end of the period. Turning to the remaining countries, producing 5,000 barrels in 2000, Somalia then witnessed a consistent increase to 8,000 barrels in 2001, 17,000 barrels in 2002, and 21,000 barrels in 2003 before reaching a maximum of 50,000 barrels in 2004, ten times higher than the initial number. Notably, Chad did not enter the market until 2003, this nation recorded the first production with 8,000 barrels, which was followed by a remarkable rise to 50,000 barrels in 2004.