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
The Global Animal Feed Market is being driven by increasing demand for meat in developing countries
MENAFN - 7/28/2015 5:19:38 AM
It includes feed cereals cakes and meals co-products from food sector minerals additives and vitamins oil and ... rise in meat consumption. Worldwide the per capita meat consumption is 87.7 pounds per annum. The increased per capita global consumption ...
China's crude oil futures to be settled in yuan: PBOC
Pakistan Defence - 7/25/2015 10:38:09 AM
China is one of the world's largest oil buyers and nearly 60 percent of its oil consumption comes from imports. BEIJING - China's crude oil futures, the country's first domestic futures product tradable by overseas investors, will be priced and settled in ...
The Oil Patch Will Rise Again
Investing Daily - 7/28/2015 2:35:00 AM
Global oil consumption increased by an average of 900,000 bpd annually over the last decade, rising in 18 of the past 20 years. Demand did decline in member countries of the Organisation for Economic Co-operation and Development (OECD) — the grouping of ...
'China, India raised global demand for metals and energy'
Times of India - 7/23/2015 5:42:52 PM
China's consumption of metals and coal surged to roughly 50 per cent of world consumption ... If the two countries catch up to OECD levels of per capita commodity consumption, or if India's growth shifts towards industry, demand for metals, oil, and ...
Unsated by crude glut, Asian oil buyers size up Iran’s barrels
Live Mint - 7/28/2015 11:46:11 AM
To help replace supplies, the North Asian country bought oil from Mexico for the first time in two decades ... accounting for more than half of the growth in global consumption, according to the Paris-based International Energy Agency.
How to end palm oil's unsustainable rule
Food Processing - 7/29/2015 1:22:14 AM
Palm oil is the world’s most popular edible oil. Consumption has grown spectacularly over the ... production has generated significant employment in the main producing countries, particularly Indonesia and Malaysia, and it has brought them substantial ...
The Impact of Global Oil Consumption: OECD vs. Non-OECD
Investment U - 1/27/2012 3:33:21 PM
The Organization for Economic Co-operation and Development (OECD), headquartered ... Energy Agency (IEA), tells all. Oil consumption from emerging market countries (have-nots) is just about to eclipse that of the old world (haves). Check it out: This ...
World Bank forecasts hike in oil prices
Pakistan Today - 7/24/2015 12:48:12 PM
A high production from the Organisation of the Petroleum Exporting Countries (Opec) and limited growth in global oil demand, however ... the roles played by China and India in global commodity consumption, the World Bank finds that demand from China ...
Crude oil exports and the U.S. role in global energy production
The Wichita Eagle Kansas - 7/23/2015 9:24:46 PM
President Obama’s Energy Information Administration estimates that 25 years from now, fossil fuels will account for 80 percent of the country’s energy consumption. Today, the U.S. is the number one producer of oil and natural gas in the world.
Top 10 countries in the world by oil consumption
explorationworld.com - 5/21/2015 12:35:12 AM
Anyone reading this article probably already know that the world uses a staggering amount of oil. Our thirst for petroleum and its various derivatives is constant. Every day, huge amounts of plastics are used in manufacturing while massive quantities of ...
The global addiction to energy subsidies
The Economist online - 7/27/2015 8:48:25 AM
It said in May that countries will spend $5.3 trillion subsiding oil ... So why is the world addicted to energy subsidies? Governments have devised several different ways of giving handouts for fossil fuels. Most surveys analyse “consumption” subsidies ...
Global Consumer Sentiment Is Souring, Except Where You’d Expect
The Wall Street Journal - 7/28/2015 2:16:30 PM
Six years after the financial crisis sent shockwaves through the global economy ... down for more than a year amid plummeting oil prices and international sanctions. To be sure, a host of European countries–including two of its largest economies ...
Oil Prices Poised for Six-Month Lows
NASDAQ - 7/28/2015 9:51:39 AM
The continuing rout in Chinese stock markets also fueled concerns that consumption in China, the second-largest oil ... global market will come into balance later in the year. But strong crude production by the Organization of the Petroleum Exporting ...
UAE Crude Oil Price Deregulation Boosts Economy And Government Finances
Live Trading News - 7/23/2015 11:55:06 PM
The UAE’s move to deregulate Crude Oil prices will help the ... 1 August and a new pricing policy linked to global levels will be introduced in the UAE. “Deregulating fuel prices will help decrease fuel consumption and preserve natural resources ...
Global experience in subsidy reforms
The Frontier Post - 7/24/2015 1:56:47 AM
Even future generations are affected through the damaging effects of increased energy consumption on global warming ... This is particularly challenging in oil-exporting countries, where subsidies are seen as a mechanism to distribute the benefits of ...