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
Natural gas consumption growth below average
MENAFN - 5/18/2013 11:54:14 PM
Dated Brent averaged 111.26 per barrel in 2011, an increase of 40 percent from the 2010 level. The loss of Libyan supplies early in the year, combined with smaller disruptions in a number of other countries ... last year. World natural gas consumption ...
OIL MARKET IS BEING RESHAPED BY U.S. BOOM
Utsandiego - 5/19/2013 12:04:22 PM
“It will affect relationships between countries. Most leaders believe they ... the political and economic benefits of lower U.S. imports, however. Because the oil market is global, a supply disruption in the Middle East would send prices higher ...
Global oil boom forcing Saudi Arabia to cut oil production
fuelfix.com - 5/23/2013 12:46:45 AM
Saudi Arabia has cut crude oil production this year and will have to cut it further if it wants to prevent a significant drop in the global oil price ... Other OPEC countries are maintaining average production at 15.2 million barrels per ...
Oil prices slide as traders take profits
GlobalPost - 5/20/2013 5:39:37 PM
World oil prices slid on Monday as investors ... "It is a very quiet day in the markets due to holidays across several European countries while economic data is non-existent, meaning crude oil is driven more by technical buying and selling rather than ...
UK and France to join global anti-corruption initiative
The Guardian - 5/21/2013 11:57:50 PM
Under the initiative, annual reports publish what tax was paid by oil and mineral companies in a country, and the national government ... and it far outweighs anything that goes across the world in aid. If these monies were properly managed ...
The 5 Richest Countries in the World
Daily Finance - 5/19/2013 11:50:03 AM
Is there a trend among the richest countries on the planet ... here are the richest five nations among the world's 50 largest economies, sorted by GDP per capita and adjusted for purchasing-power parity. While at least one expected name makes the list ...
Oil prices decline slightly on weak China data
The Global Times - 5/24/2013 3:30:12 AM
In the United States, the advance figure for seasonally- adjusted initial jobless claims was 340,000 in the week ending May 18, a decrease of 23,000 from the previous week's revised figure of 363,000, the Labor Department said. And the US Manufacturing ...
Oil prices gain for fourth straight session
Channel NewsAsia - 5/20/2013 7:34:09 PM
NEW YORK: World oil prices pushed higher on Monday ... "It is a very quiet day in the markets due to holidays across several European countries while economic data is non-existent, meaning crude oil is driven more by technical buying and selling ...
Big New Investments in Wind Energy Across the Country and Around the World
DAILY KOS - 5/23/2013 4:10:10 PM
The World Wind Energy Association recently announced that Iceland's move into wind energy makes it the 100th country to utilize wind power ... is this a diary they'd be trying to find? Use a person's full name, without any title.
When oil forecasts get it wrong
The Christian Science Monitor - 5/20/2013 9:43:00 PM
So, what made the IEA so sanguine about oil supply growth in the year 2000? It cited the revolution taking place in deepwater drilling technology which was expected to allow the extraction of oil supplies ample for the world's needs for decades ...
Oil Manipulation Inquiry Shows EU’s Hammer After Libor
Businessweek - 5/23/2013 6:58:59 AM
The probe is being led by European Union Competition Commissioner Joaquin Almunia, who also is pursuing price-fixing allegations related to the London interbank offered rate, or Libor, and in the market for credit ... It’s a big hairy deal.”
Global Markets Roiled by Nikkei's 7.3% Slide
CNBC - 5/23/2013 10:48:03 AM
Financial markets around the world were roiled Thursday after Japanese stocks suffered their biggest slide since the country was hit by a devastating tsunami more than two years ago. Several reasons have been blamed for the 7.3 percent fall in the Nikkei ...
Pollution Risks Worse for Developing World Women
Women's eNews - 5/20/2013 10:08:39 AM
Environmental factors are responsible for 23 percent of the overall global disease burden, according to World Health Organization research. Addressing such pollution could save the lives of 6 million women a year. (WOMENSENEWS)-- Standing ankle deep in ...
UPDATE 3-Brazil to auction its biggest-ever oil find in October
Reuters Group PLC - 5/23/2013 8:42:11 PM
Known as the Subsalt Polygon, the area is home to several giant discoveries ... "This is a big, major prospect." The auction was moved up from November to conform with Brazilian President Dilma Rousseff's schedule, Chambriard said.
Some Fish Oil Doesn't Help Some Patients in Some Countries
Daily Finance - 5/22/2013 8:07:35 PM
3. What's in your pill? The fish oil supplements you buy at the drugstore are a mix of different omega-3 fatty acids, but eicosapentaenoic acid, or EPA, is believed to be the key ingredient that slows triglyceride formation, because the enzymes ...