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, 2014See also: Oil - consumption map
Weaker dollar lifts oil prices, but mood remains bearish
Reuters - 7/26/2016 3:22:55 AM
As oil is traded in dollars, a drop in its value makes fuel imports cheaper for countries using other currencies ... the two main pillars of global oil consumption, there are signs of stalling demand growth. This has raised concerns that a rebalancing ...
A Global Gasoline Glut Forces An Oil Price Retracement In Q3 2016 - The Inventory Glut Has Peaked And Will Disappear Soon
Seeking Alpha - 7/30/2016 6:38:36 AM
The recent oil ... it was global in scope. Saudi Arabia, China, and India all are making concerted efforts to boost refining capacity, which is leaving them with surplus product that ends up being sold in export markets. The US is not the only country ...
Global Grid-Connected Energy Storage Capacity to Double in 2016, IHS Markit Says
press.ihs.com - 7/28/2016 12:03:06 PM
Global grid-connected energy storage capacity will ... Half of all energy storage installations will occur behind the meter, driven by self-consumption and back-up needs. Eight countries will each have cumulative behind-the-meter storage power exceeding ...
European vegoils-Palm oil boosted by strong rise in Malaysia
Business Recorder - 7/26/2016 8:19:23 PM
PARIS: Vegetable oils on the European market rose on Tuesday, following palm oil futures in Malaysia and boosted by the country's commitment to raise the minimum bio content in biodiesel, which will lift palm oil consumption ... the world's second-largest ...
Why I Am Skeptical Of Electric Vehicles
Energy Trends Insider - 7/29/2016 9:13:06 PM
Demand in developed countries has been falling (although U.S. gasoline ... with most projections that assume that EVs will soon take a big bite out of oil consumption. The world currently consumes over 90 million barrels per day (bpd) of crude oil.
The Impact of Global Oil Consumption: OECD vs. Non-OECD
Investment U - 1/27/2012 3:33:21 PM
Oil consumption from emerging market countries (have-nots) is just about to eclipse that of the old world (haves). Check it out: This is the only chart you need to look at to know that unless you have your own oil well in your backyard, you’re soon going ...
So Much For Peak Oil Demand
peakoil.com - 7/28/2016 11:51:46 PM
In the 32 years since 1984, global crude oil demand ... response to much higher oil prices). Nearby countries like Denmark (-14%), Sweden (-16%), and Finland (-21%) all had big declines. But Norway’s oil consumption actually rose during that time ...
How The Car Fueled Global Economic And Foreign Policy
econintersect.com - 7/29/2016 11:00:28 PM
Dependence on oil not only came from transport needs, but also the consumption of citizens ... a prominence in world politics it would not otherwise have enjoyed. Similarly, for many industrial countries like Japan, their negative trade balance was largely ...
Global Dried Fruits and Edible Nut Industry
Yahoo Finance - 7/27/2016 9:29:47 PM
The Global ... by Country of Origin (includes corresponding Graph/Chart) III-10 Product Launches.....III-10 Strategic Corporate Developments III-11 Key Players..... III-11 B.Market Analytics.....III-14 US Dried Fruits Consumption ...
Whither Oil Prices?
The World Bank - 7/26/2016 11:54:08 PM
oil producers in the region have been grappling with low oil prices for the past few years. . At the same time, several countries--Libya ... citizens to make their own consumption choices,” said Shanta Devarajan, World Bank Chief Economist for the ...
Automotive Oil & Fue Market : Global Industry Analysis and Forecast 2016 - 2026
sbwire.com - 7/27/2016 2:27:27 PM
The ever increasing automobile industry leads to the rise in the consumption of fuel required ... America a considerable player in the global automotive oil & fuel market. Japan is technologically advanced country in terms of automotive markets and so ...
The Surprising Reasons Why Price Is No Object In Poorer Countries Thirsty For Oil
Forbes - 8/9/2012 7:48:51 PM
Because the oil markets are global, the answer to that question is, “It depends on how much value people in developing countries place on increasing their oil consumption to two or three barrels of oil per year.” Or, an alternative way to think about ...
Global Energy Storage Surge Poised To Resemble Solar’s Recent Growth
Solar Industry - 7/27/2016 11:52:57 PM
A new analysis from IHS Markit says the global grid-connected energy storage market ... installations will occur behind the meter, driven by self-consumption and back-up needs. Eight countries will each have cumulative behind-the-meter storage power ...
Global Grid-Connected Energy Storage Capacity To Double In 2016, Skyrocket By 2025
CleanTechnica - 7/28/2016 4:20:48 PM
The global energy storage market is expected to ... installations by 2025 will take place behind the meter, driven by self-consumption and backup requirements, resulting in eight countries each with 1 GWh of behind the meter energy storage, including ...
Global Grid-Connected Energy Storage Capacity to Double in 2016
solarnovus.com - 7/28/2016 1:07:31 PM
The global energy storage market is expected to double ... Half of all energy storage installations will occur behind the meter, driven by self-consumption and back-up needs. Eight countries will each have cumulative behind-the-meter storage power ...