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
New report shares about the Global Oil Country Tubular Goods(OCTG)Consumption 2015
MENAFN - 12/1/2015 7:50:51 AM
The Global Oil Country Tubular Goods(OCTG) Consumption 2015 Market Research Report is a professional and in-depth study on the current state of the Oil Country Tubular Goods(OCTG) market. The report provides a basic overview of the Oil Country Tubular ...
India’s Oil Consumption Primed For Growth As Economy Thrives
Yahoo Finance - 11/30/2015 10:18:11 PM
The data revealed that although there had been a substantial oil consumption increase in the Middle East (led by Saudi Arabia), Asia (Led by China) and Oceania, the rest of the world which included Russia, other FSU countries, the U.S., Japan and Europe ...
A Surprising Look At Oil Consumption
Seeking Alpha - 11/25/2015 12:34:09 AM
(click to enlarge) And Asia and Oceania's largest consumer is China. The country has increased oil consumption 6.5 percent per year since 1985. Most of the rest of the world has not seen the consumption boom that was experienced by the Middle East and Asia ...
Most Of World’s Transportation Energy Use Is For Passenger Travel
CleanTechnica - 11/30/2015 6:50:36 PM
The transportation of people and goods accounts for about 25% of all energy consumption ... or 13 million barrels of oil equivalent per day (b/d), representing 25% of global transportation energy demand in 2012. Major European countries (those in the ...
Mark Mobius – Consumption In China: From Commodities To Karaoke
Value Walk - 11/26/2015 8:32:34 AM
Crude oil’s price gyrations tend to get the most attention, but China’s share of global oil consumption is about 12% ... model from one that has been primarily export based, the country’s overall gross domestic product (GDP) growth has slowed.
Venezuela Energy Profile: Holds Some Of World’s Largest Oil And Natural Gas Proved Reserves – Analysis
Eurasia Review - 11/30/2015 5:17:33 PM
While Venezuela is important to the global oil market, the government’s reinvestment ... to reduce industrial production. The country also fined large users for excessive consumption. Venezuela plans to expand hydroelectric production in the future.
OPEC risks Pyrrhic victory with oil policy: Kemp
Business Recorder - 11/30/2015 6:07:39 PM
Global oil inventories are still rising by more than 1 million barrels per day. While shale and non-OPEC output more generally has started to fall, strong output from Saudi Arabia and Russia has kept the market oversupplied. Consumption has grown by ...
With rising consumption, Saudi Arabia throws its weight behind gas exploration
Al Bawaba - 11/29/2015 12:25:14 PM
According to the “BP Statistical Review”, Saudi Arabia’s gas reserves at the end of 2014 were just over 288 trillion cubic feet (tcf), the fifth in the world ... gasfields and three oil and gasfields in the east of the country in 2014, the highest ...
The American energy story Obama won’t tell the world
Reuters - 11/28/2015 11:53:37 PM
President Barack Obama is poised to repeat his history of weak-handed negotiations on the world ... countries gather in Paris on Monday to consider an international response to climate change. According to the president, rejecting the Keystone XL oil ...
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 ...
IEA Sees India's Oil Demand Rising to 10 MMbopd by 2040
Rigzone - 11/30/2015 5:50:21 AM
India's oil demand is poised to reach 10 million barrels of oil per day (MMbopd) by 2040 -- up from 3.8 MMbopd last year -- as domestic energy consumption looked ... contribute more than any other country to the rise in global energy demand over the ...
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 ... On the other hand, demand from non-OECD countries (the have-nots) is up a whopping 15% in just the last three years.
Global growth in CO2 emissions stagnates
Space Daily - 12/1/2015 5:34:51 AM
a 0.5% reduction in oil consumption for transport. After a decade of rapid growth in global CO2 emissions, which increased at an average annual rate of 4%, much smaller increases were registered in 2012 (0.8%), 2013 (1.5%) and 2014 (0.5%). In 2014 ...
Global CO2 Emissions Slowed Down in Recent Years
capitalwired.com - 11/28/2015 12:19:16 PM
With countries like India, which increased its overall emissions ... And the reason presented by the researchers is a 0.5 percent reduction in global oil consumption, owed both to some moving to greener energies, and to the increased oil prices.
India moving to the centre of global energy affairs
Times of India - 11/28/2015 1:59:29 PM
NEW DELHI: India is putting its stamp on the global energy market, as its demand for energy shoots ahead of all other countries, said Dr Fatih Birol ... exhibiting the largest growth in coal and oil consumption, as well as becoming a major player in ...