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
World Oil Demand Outlook Cut Again as Sub-$60 Price Seen Holding
Bloomberg - 12/12/2014 9:21:24 AM
World oil consumption will expand by 230,000 barrels a day less than ... for the amount of crude needed next year from the Organization of Petroleum Exporting Countries by 300,000 barrels a day. The group will need to pump an average of 28.9 million ...
World Sets New Oil Production and Consumption Records
Energy Trends Insider - 7/9/2014 11:53:36 PM
Last month BP (NYSE: BP) released the Statistical Review of World Energy 2014. This report is one of the most comprehensive sources of global and country level statistics on production and consumption of oil, natural gas, coal, nuclear power and renewables.
How cheap oil changes the world
The Christian Science Monitor - 12/14/2014 1:26:35 AM
Traditionally oil-hungry countries have curbed their appetite ... per barrel range and stabilize after spiking in the wake of 9/11. But prices moved up as world consumption grew – and the occasional war broke out – hitting $147 per barrel in 2008.
Opec: World energy watchdog IEA cuts oil demand forecast
Daily Telegraph - 12/12/2014 9:35:43 AM
Under its charter, all IEA countries which are net oil importers must ... against any sudden disruptions to world energy markets. According to the IEA, its members now hold in storage about 44 days of total global consumption.
Why oil prices keep falling — and throwing the world into turmoil
Vox - 12/16/2014 1:34:21 PM
The plummeting price of oil is the biggest energy story in the world right now. It's leading to cheap ... around $100 per barrel since 2010 — because of soaring oil consumption in countries like China and conflicts in key oil states (like Libya).
The World’s Top 10 Oil Companies
24/7 Wall ST - 12/15/2014 10:50:54 AM
At the current global consumption rate of about 90 million barrels a day, those global reserves will last about 50 years. Of the top 10 countries ... have a national oil company, and the nine that do control 1.23 trillion of the world’s total proved ...
The Surprising Reasons Why Price Is No Object In Poorer Countries Thirsty For Oil
Forbes - 8/9/2012 7:48:51 PM
In poorer countries, where per capita oil consumption is only ... 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 ...
Winners and losers of oil price plunge
Financial Times - 12/14/2014 11:59:30 PM
Suddenly the world is awash with oil. A surprise surge in production ... raised by the government this year, when it put up consumption tax by 3 percentage points. In effect, a narrowing in the country’s budget deficit has been “totally paid for, ...
IEA cuts global oil demand forecast for 4th time in five months
Businessday - 12/14/2014 11:38:01 PM
“Now those countries are affected very adversely ... about 1.4 million less than its 12 members produced in November. World oil consumption will increase by 900,000 barrels a day, or 1 percent, next year to average 93.3 million barrels a day, according ...
Expect Lower Oil Prices For Much Longer: It's All About Demographics!
Seeking Alpha - 12/16/2014 1:34:21 PM
Although global economic growth has not been stellar, there's no question that the world's largest ... But a secular shift in oil consumption may impose a ceiling on the industry's rebound potential. The consumption of richer countries will not bounce ...
Malaysia's growth to slow as oil falls: World Bank
Market Watch - 12/17/2014 6:45:09 AM
"Investment in oil and gas will slow and private consumption ... the bank said. The World Bank's latest projection is below the government's growth forecast of between 5% and 6% for next year. The bank also forecast the country's current-account surplus ...
China's Oil Demand Growth Has Fallen to Just 1.1%: ICIS China Study
MLive - 12/16/2014 7:17:57 PM
Growth in demand for refined oil products in China has collapsed in 2014, with the world's largest economy showing only a 1.1% increase over the past 12 months, a new study by the country's largest ... Overall energy consumption in China is expected ...
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 ...
Global Oil Consumption Report: What Countries Have Increased or Decreased Oil Usage Since 2009?
Safe Haven - 12/5/2014 8:28:16 PM
The sum for the entire world was a 6.5% increase ... Saudi Arabia are the largest countries where oil usage is expanding From a Peak Oil aspect China and Japan are the most troubling Global oil consumption is up 6.5% from 2009-13. China alone accounts ...
China’s oil demand growth down 1.1%
Energy Global - 12/16/2014 3:14:34 PM
with energy consumption at 4 billion t. In part, the slowdown in oil products demand growth is due to slower economic growth in China, with 2014 coming in at 7.5% for the overall economy. However, it is also the inexorable effect of the country’s ongoing ...