Definition: This entry is the total oil consumed in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2012See also: Oil - consumption map
Why Are OPEC Countries Abandoning Oil Consumption?
The Motley Fool - 5/17/2013 1:43:58 AM
... does not fundamentally change its electricity production or consumption, the country could expect to consume as much as 8 million barrels per day of liquid fuel -- oil or natural gas liquids -- by 2030. The United Arab Emirates is also home ...
US boom transforming global oil trade
NBC News - 5/14/2013 9:21:29 PM
... than developed countries for the first time, according to the IEA. The Middle East and Asia will need more oil as their economies grow. At the same time, the historically big oil consumers — the U.S., Europe and Japan — will use less. Overall ...
'Revolutions' Unfold Within Oil Industry
NPR News - 5/15/2013 9:38:47 AM
Not so long ago, politicians were demanding, day in and day out, that the U.S. end its dependence on foreign oil. They want our country ... oil business before moving into government and policy work. Now, he'd like to go back.
Fancy dipping your bread in some olive oil? Not anymore! EU vows to ban jugs and dipping bowls from restaurants to ‘protect customers’
Daily Mail - 5/18/2013 12:16:53 AM
Another official said: ‘This is to guarantee the quality ... would be the first to know if someone was being dishonest.’ Up to 70 per cent of the world’s olive oil is produced in the European Union but officials also fear that the product ...
U.S. oil production jolts global market
Montgomery Advertiser - 5/18/2013 9:20:55 AM
NEW YORK — The surge in oil production in the U.S. and Canada and shrinking oil consumption in the developed world is transforming the global oil market. The threat of chronic oil shortages is all but gone, U.S. dependence on Middle Eastern ...
US oil boom changing global market
Worcester Telegram & Gazette - 5/16/2013 9:51:55 AM
The changes will ... they buy their oil from,” says Michael Levi, an energy expert at the Council on Foreign Relations and author of a recent book on the U.S. energy boom called The Power Surge. U.S. petroleum imports have fallen by 22 percent since ...
The IEA Says Peak Oil Is Dead. That’s Bad News for Climate Policy
science.time.com - 5/15/2013 9:45:57 AM
Here’s Liam Denning in the Wall Street Journal—the publication that coined the triumphalist term “Saudi America”: In that decade-and-a-half, China’s ... climate change. Looks like we’ll have to hope for—and work for—the latter.
Senators Urge Obama to Press Iran by Increased Sanctions
Bloomberg - 5/16/2013 3:32:32 AM
The International Energy Agency said the Organization of Petroleum Exporting Countries’ spare crude oil production capacity will increase ... using its automotive industry to produce dual-use items for its nuclear program, and suggested ...
Changing the oil game – Shale gas
Hill Post - 5/18/2013 11:51:14 AM
Even though countries like Saudi Arabia, Mexico and Venezuela have supported America in meeting its ... However, American shale gas which is considered to be equivalent to Iran’s oil reserves may be able to rescue America’s pioneering spirit.
UPDATE 1-Many countries badly mismanage oil, mining resources -study
CNBC - 5/15/2013 6:49:59 PM
WASHINGTON, May 15 (Reuters) - More than 80 percent of the world's major oil and gas-producing and mining countries fail to meet "satisfactory standards" for managing their natural resources, according to a report tracking global resource mismanagement and ...
Angola: Oil Minister Stresses Global Development Related to Energy
AllAfrica - 5/18/2013 8:02:11 AM
The Cabinet minister, who was speaking at the opening of the International Conference on Energy Efficiency and Sustainable Development ... the preservation of the environment during the process of extraction, processing and use of these resources and ...
Hacker Group Anonymous Launches #OpPetrol to Target Global Oil Industry
US News and World Report - 5/17/2013 4:10:07 PM
The oil and gas industry has found itself in the crosshairs of hacker activist group Anonymous, which recently announced plans to launch cyber attacks on countries involved in the global oil trade. [READ: Why Our Energy Policy – and Fights ...
Pumped-up US oil production alters global market
Greenville News - 5/16/2013 3:46:51 AM
it does suggest that the technology that helped lead to a boom in oil production in the U.S. will eventually help other countries produce more oil. • “It is impossible to ignore the possibility that current nonconventional technologies, as they spread ...
Report: Days of oil shortages over as new sources emerge
Desert Sun - 5/16/2013 4:36:57 AM
Developing countries will soon, as a group ... NEW YORK — The surge in oil production in the U.S. and Canada and shrinking oil consumption in the developed world is transforming the global oil market. The threat of chronic oil shortages is all but ...
OAS study says countries should consider decriminalizing drug use
Los Angeles Times - 5/17/2013 9:32:15 PM
BOGOTA, Colombia — The Organization of American States said Friday that countries should consider decriminalizing drug use, a shift backed by several Latin American leaders but opposed by the United States. Decriminalization could be one of ...