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
Oil price drop rattles world economies
Union-Bulletin - 10/17/2014 8:29:07 PM
Oil consumption globally is 91 million barrels per day. That means the world’s oil producing countries and companies are bringing in as much as $2.8 billion less in revenue every day — and consumers, shippers and airlines are saving a comparable amount ...
Falling oil prices shake up global economies
The Seattle Times - 10/17/2014 2:28:13 AM
Oil consumption globally is 91 million barrels per day. That means the world’s oil-producing countries and companies are bringing inasmuch as $2.8 billion less in revenue every day — and consumers, shippers and airlines are saving a comparable amount ...
What foods does each country eat? These charts break it down.
Vox - 10/20/2014 1:16:03 PM
The amount of calories available for each person in the world ... consumption in India has historically been quite low, for cultural and religious reasons. (Both the Jain faith and some Hindu groups eschew meat, and an estimated 31 percent of the country ...
Oil exporting nations feeling pinch of low oil prices, oil importing ones feeling some relief
Newser - 10/13/2014 11:54:17 PM
Oil consumption globally is 91 million barrels per day. That means the world's oil producing countries and companies are bringing in as much as $2.8 billion less in revenue every day — and consumers, shippers and airlines are saving a comparable amount ...
Oil price drop shakes up globe
The Journal Gazette - 10/20/2014 2:53:17 AM
Oil consumption globally is 91 million barrels per day. That means the world's oil-producing countries and companies are bringing in as much as $2.8 billion less in revenue every day – and consumers, shippers and airlines are saving a comparable amount ...
Oil Prices Fall Despite Global Uncertainty
econintersect.com - 10/22/2014 1:35:09 PM
Global consumption growth forecasts were revised downward due to weak demand in Asia and countries belonging to the Organization ... top contributor to global consumption growth this year. World oil production increased about 800,000 barrels per day ...
World Crude Oil Market Bigger Than OPEC
Live Trading News - 10/19/2014 1:42:53 AM
“If the shale oil revolution can be sustained in the United States, and successfully exported to other countries, some combination of ... On the demand side, consumption of refined products in the United States is still more than 2-M BPD lower than ...
Food for thought: Infographic reveals what the world consumes - with China being the biggest meat eaters and Germany drinking the most alcohol
Daily Mail - 10/22/2014 7:08:37 AM
People in the US consume more than two-and-a-half as many grams of vegetable oil per day than they did ... the secretive country is still the world’s highest in terms of grain consumption as a proportion of the natural diet, with rice being the most ...
Pakistan to begin local production of Rice Bran Oil in December
Business Recorder - 10/22/2014 10:53:30 PM
Pakistan is one of the largest consumers of edible oil and the consumption of oil stands around ... also one of the largest exporters of rice in the world, however is not producing bran oil like other countries. Presently, India is the largest producer ...
Global Research on Tight Oil Market - Industry Segment and Forecasts Up to 2019
Digital Journal - 10/21/2014 1:29:11 PM
Whereas, lack of modern technology in emerging countries, high capital requirement and negative ... in 2006, predicted that the world oil consumption will increase to 98.3 million barrels per day in 2015 and about 130 million barrels per day by 2030.
Why Harold Hamm Isn't Worried About Plunging Oil Prices
Forbes - 10/21/2014 9:25:48 AM
On the contrary, “this is one country, the Saudis, attempting to dictate world oil prices ... U.S. government’s Energy Information Administration estimates that global oil consumption (91.5 million bpd) has kept pace with supply growth (91.8 ...
Oil prices plunge as production rises, fueling concern in OPEC
Washington Post - 10/14/2014 10:05:43 PM
With a weak global economy, the customary swing producer of oil — Saudi Arabia — has cut prices instead of cutting production, setting off a scramble on world markets ... of the Petroleum Exporting Countries has instead remained in the hands of ...
IMF-World Bank Structural Adjustment Programs (SAPs) ruined countries – fate of Sri Lanka?
Lankaweb - 10/16/2014 4:26:55 PM
Chavez declared he would double the taxes on oil corporations which will give money for Venzuela’s social programs – IMF/World ... food for local consumption must come first, water is a no- bargain utility, labor is an asset of the country not an ...
OPEC’s Biggest Supply Boost Since ’11 Spurs Bear Market
Businessweek - 10/10/2014 9:56:09 PM
The Organization of Petroleum Exporting Countries, which supplies 40 percent of the world’s oil, increased output by 402,000 barrels ... “The recovery in gasoil consumption for industry and transportation use, along with emerging winter demand ...
Oil Shocks And The Global Economy
Oil Price - 10/22/2014 10:39:11 PM
A recession in the US is usually defined as two consecutive quarters of negative GDP growth, but there has never been a universally-accepted definition for a global recession, and according to the annual World ... plots oil price against oil consumption ...