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
These 2 emerging giants are the biggest beneficiaries of cheap oil
The Business Insider - 3/27/2015 8:17:08 PM
With a consumption of more than 3 million barrels of oil per day, India is the fourth largest global consumer of oil in the world. Since the country imports around 80% of its total crude oil requirement, cheap oil has drastically reduced India’s import ...
U.S. oil storage crunch might cut crude prices
USA Today - 3/29/2015 1:48:13 PM
Advanced drilling techniques that extract crude from shale rock have made the U.S. the world's No. 1 producer of oil and natural gas liquids. The surge has outpaced a less dramatic rise in U.S. consumption ... ripple across the country, analysts say.
Oil, no matter the price, is never cheap
Beacon News - 3/30/2015 3:09:56 AM
Rather than reduce production to keep the price of oil high, the major supplier of conventional oil, the Organization of Petroleum Exporting Countries (OPEC), has ... the daily world consumption would take 92 minutes; the global annual consumption would ...
Why Are OPEC Countries Abandoning Oil Consumption?
The Motley Fool - 5/17/2013 1:43:58 AM
The first thought that comes to mind with OPEC is oil. This collection of countries is responsible for over 40% of all oil production around the world. For many of these ... East have made moves to halt the consumption of oil within their own borders.
PM sets sight on 10% cut in oil imports by 2022
Times of India - 3/27/2015 11:23:15 PM
the country could look at halving it by 2030. "This 10%, we will produce ourselves and this should be our dream," he added. India is the fourth largest oil importer in the world after US, China and Japan. In terms of consumption, it is the fifth largest ...
Oil price in 2015 not to exceed $60 per barrel – EBRD
Azer News - 3/29/2015 6:56:01 PM
In 2015, world oil prices will range within $50-$60 ... as there are many factors that affect the price of oil. I mean such fundamental reasons as the volumes of oil consumption, new technologies, which are used in oil production, shale gas, and so on.”
World Oil Consumption – 3D Charts in Google Earth
Google Earth Blog - 2/26/2007 11:58:23 PM
World Oil Consumption by Country – height based on barrel of oil per day World Oil Consumption Per Capita by Country Here are some interesting notes on what he did to produce the “Per Capita” chart: I had to mess with this data a little bit to get it ...
The Surprising Reasons Why Price Is No Object In Poorer Countries Thirsty For Oil
Forbes - 8/9/2012 7:48:51 PM
For developing countries, affordable energy can offer a pathway ... and aspires to higher standards of living. The average consumption of oil in the world—87 million bpd in 2010 (Source: 2011 BP Statistical Review of World Energy) divided by a global ...
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 ...
Global headwinds to slow several Asian countries
Arab News - 3/28/2015 7:18:41 PM
However this masks significant differences across Asian countries that mainly depend on their exposure ... making India one of the fastest growing economies in the world. Myanmar is opening up to the rest of the world economy after two decades of ...
Arctic braced for oil rush as Shell eyes return to Alaska
Royal Dutch Shell PLC - 3/28/2015 4:48:21 PM
Assuming that global consumption of oil and gas continues to increase ... Most of the new oil to meet world demand over the next 20 years will come from existing resources owned by countries such as Saudi Arabia, Iran and the Gulf sheikhdoms.
Cheaper oil: A big opportunity for India
Rediff India Abroad - 3/24/2015 6:54:47 PM
A large part of the globe is celebrating, while a small part, mainly OPEC countries, is unhappy. Overall, this is good for the world ... consumption is 24 per cent, it is a mere eight per cent in India. Gas is cleaner, cheaper and more abundant than oil.
These maps show which countries use (and produce) most of our non-renewable energy resources
Global Post - 6/3/2014 5:19:39 PM
The heatmap below shows which countries in the world are consuming the most petroleum ... Russia and Saudi Arabia, though, are producing much more oil than they require. The consumption habits of the top petroleum users become even more interesting ...
Low Global Oil Prices To Linger For Long (1)
Leadership - 3/26/2015 1:27:18 AM
By the end of 1974, average world crude oil price had spiked to $12 ... energy efficiency revolutions in OECD nations and adopted by other countries, the share of oil in total energy consumption in OECD for instance declined by 15 per cent from 46 per ...
U.S. should start drilling in Arctic, oil council says
Portland Press Herald - 3/28/2015 3:48:06 AM
The U.S. has drastically cut imports and transformed itself into the world ... of oil and gas together, the U.S. and Russia are thought to have about the same amount of crude oil – 35 billion barrels. That’s about 5 years’ worth of U.S. consumption ...