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
Global oil demand growth to slow in 2016: IEA
Yahoo News - 10/13/2015 10:14:52 AM
"projections for commodities demand logically require some trimming," the report said Global consumption is expected to average 95.7 million barrels a day next year, down 100,000 from estimates in last month's report. One surprise is the resilient oil ...
Global Oil Glut To Stretch Into 2016 As Demand Growth Slows: IEA Monthly Oil Market Report
International Business Times - 10/13/2015 12:16:33 PM
But China’s economic slowdown and sluggish economic growth in oil-dependent economies, such as Canada, Brazil and Russia, are projected to soften oil consumption next year. Global demand growth ... Iranian officials said the country could export more ...
OPEC Sees U.S. Oil Output Dropping Next Year
Wall Street Journal - 10/13/2015 8:41:48 AM
World consumption is also expected to rise by 1.25 million ... The Organization of the Petroleum Exporting Countries slashed its U.S. oil production forecast by 280,000 barrels a day next year. Also, OPEC expects the American oil decline to reduce overall ...
IEA warns oil supply glut will stay in 2016
Market Watch - 10/13/2015 4:02:38 AM
The assessment by the International Energy Agency--which represents some of the world's largest oil consumers--is somewhat less upbeat than the Organization of the Petroleum Exporting Countries which ... It now sees world oil consumption rising by 1.2 ...
Tunisia Has a Moment as Top Olive Oil Exporter
Olive Oil Times - 10/13/2015 4:12:47 PM
Tunisia exported more olive oil than any other country for the 2014/2015 season ... three times the previous year’s output and more than 10 percent of global olive oil consumption — fetching a record 1.9 billion Tunisian dinars ($976 million).
Current Assessment Of Buying Back Into Big Oil
Seeking Alpha - 10/12/2015 5:18:23 PM
Total world oil related production is over 95,550,000 barrels per day, with consumption near 93,790,000 per day. The top 10 countries are listed in our chart (numbers are 2014 as estimates vary on 2015 reporting). (Iran is currently producing no oil for ...
Falling global crude oil prices: How much did Indian consumers gain?
Live Mint - 10/13/2015 2:15:16 AM
What’s more, there has been a substantial drop in global crude oil prices. How much did Indian consumers gain ... Like India, some other countries too have seen relatively slower fall in domestic fuel prices (combination of tax and profit margin for ...
Global PDC Cutters for Oil & Gas Drilling Industry 2015: Worldwide Industry Research, Analysis, Trends, Size, Shares and Forecast
sbwire.com - 10/12/2015 5:18:23 PM
Export and Consumption of PDC Cutters for Oil & Gas Drilling 2010-2015 ResearchMoz is the world's fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide.
Oil prices slip amid demand forecast
The Guardian - Nigeria - 10/13/2015 1:39:28 AM
That will probably mean a continued oil supply glut next year, especially with the expected arrival of Iranian crude, it said. Global consumption is expected ... havoc on global commodities prices and the country’s own customers
Consumers start looking for more gas supplies than oil
The Express Tribune - 10/12/2015 9:36:05 PM
Like the tussle between oil and gas lobbies in the world market, Pakistan also faces similar ... will be completed in the next two years. Therefore, the country will be banking much on gas consumption in future, causing a dent in revenues of Saudi Arabia ...
The Peak Oil Crisis: Forests & Trees
Falls Church News-Press - 10/12/2015 11:49:06 AM
In other countries which lack these prerequisites ... and how low production will go is the matter of much discussion. In the last 10 months, global oil consumption has been rising simply because oil products are now much cheaper than in recent years.
Oil market needs an anchor, Saudi adviser says
Business Recorder - 10/9/2015 1:04:15 PM
Muhanna referred in his speech to the need for greater international cooperation to reduce speculation and support a healthy oil market, which "should not only be limited to OPEC and other producing countries ... and the world's oil consumption would ...
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 ...
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.
OPEC: Oil-demand growth balances market in 2016
Salt Lake Tribune - 10/12/2015 11:06:09 AM
Kuwait City • Global demand for crude is growing while non-OPEC countries are ... The slump in oil prices has stimulated demand, and the onset of winter in the northern hemisphere will also help boost consumption, Kuwait's Governor for OPEC Nawal al ...