The first line graph shows the average world oil price for each year from 1970 to 2005. The second chart shows the top seven oil exporting countries and how much they export each day. Write a report for a university lecturer describing the information. You should write at least 150 words.

The median oil fare for each year from 1970 to 2005 was depicted in the former xy plot and the latter diagram revealed the highest seven oil-exporting regions and their maximum export each day. The oil fares were fluctuating throughout the span and sin waves could be seen. There was a sudden surge during 1979-1980 and peak during 1980 to 1981 with a maximum around 80 coins. However, the plotline kept declining at a faster rate till 1985. Moreover, the trend maintained a seesaw for the next 10 years and again a rapid increment could be noticed. The count of oil barrels per day for most countries had a linear growth nevertheless, exponential growth for Russia and Saudi Arabia. The count of oil barrels per day for most countries had a regular progression, the lowest being Nigeria and the highest in the trend was Norway. A sudden rise could be seen from Norway to Russia as Russia exported thrice to that of former. Saudi Arabia exported more than four times of all countries except Russia. The Oil prices had a rapid escalation from 15 coins to 45 coins in a span of a year. The trend remained almost linear for 3 years and again there was a rapid jump to 80 coins during 1981. However, the trend had a similar decrement during 1980 to 1985 and maintained a slow surge for next decade. Finally the growth attained exponential in the end.