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
Kemp: Global Oil Demand Shows No Sign of Peaking
Rigzone - 6/21/2016 3:24:27 PM
By 2014, OECD oil consumption had fallen by around 5 million bpd, or 10 percent ("BP Statistical Review of World Energy," 2016). In the OECD countries, consumption does indeed seem to have "peaked" thanks to a combination of high and rising oil prices ...
Brexit has limited impact on oil prices so far: Kemp
Reuters - 6/24/2016 1:30:32 AM
Britain consumes less than 1.6 million barrels of oil per day, 1.6 percent of the global total, and the country’s consumption has been static or falling since 2005. Britain is now the world’s 15th largest oil consumer, ranking far behind the United ...
Global oleochemicals market to exhibit CAGR of over 7.48% from 2016 to 2021 according to new research report
Whatech - 6/21/2016 4:21:43 PM
Global ... Tropical Oil, Soft Oil, Animal Fat; By Type - Fatty Acid, Fatty Alcohol, Glycerine; By Application- Pharmaceutical, Food & Beverages, Detergents & Soaps, Personal Care & Cosmetics; By Region – APAC, Europe, RoW; By Country- Malaysia, Indonesia ...
Oil Prices and the Brexit: What Just Happened
The Motley Fool - 6/24/2016 5:22:35 PM
Britain is not a major consumer of oil, with its 1.6 million barrels per day representing just 1.6% of global consumption. The EU ... here is the possibility of contagion, with other EU countries possibly looking to join Britain and exit the group ...
The Enormous Political Risk of Saudi Arabia's Oil Reform
The National Interest - 6/24/2016 6:27:01 PM
On June 7, Saudi Arabia laid out its National Transformation Plan to shift away from an oil-based economy. To do so, the plan’s architect, Deputy Crown Prince Mohammed bin Salman, intends to create the world ... 1.4 billion in the country.
Saudi energy minster says global oil glut is over
Houston Chronicle - 6/21/2016 11:59:51 PM
Falling crude production in the United States, Nigeria, Venezuela and other countries has closed the ... to record levels in the United States and oil consumption is on the rise in India and other parts of the world. "We could be done with this in eight ...
Oil futures fall as global growth, Brexit concerns weigh
牛讯网 - 6/24/2016 11:06:11 PM
The demand side was helped by much stronger petrol consumption in the USA ... In May, for instance, outages in OPEC and non-OPEC countries cut global oil supply by almost 800,000 barrels a day last month. Attacks on Nigeria's oil industry, wildfires ...
World's Largest Automotive Rental Company Closing Loop on Oil Consumption at North American Airports. South Carolina SC
southcarolinasc.com - 6/14/2016 7:21:49 PM
Fleet operators across the country have included re-refined oil merchandise into their car maintenance process, together with the U.S. … Read more on this matter…World's Largest Car Rental Company Closing Loop on Oil Consumption at North American Airports
Nigeria's Dangote shifts focus from cement to oil and gas
Reuters - 6/24/2016 11:31:50 AM
LAGOS (Reuters) - Africa's richest man, Aliko Dangote, plans to launch Nigeria's first private crude oil refinery by 2019 while almost doubling his cement production on the continent by adding plants in eight countries as he shrugs off a regional economic ...
Oil prices drop as IEA warns of 'enormous' stockpiles
EQUILIBRIO INFORMATIVO - 6/24/2016 11:56:18 PM
In its first oil-consumption assessment of next year ... The IEA said that outages in OPEC and non-OPEC countries cut global oil supply by almost 800,000 barrels a day in May, the first significant drop since early 2013. The US benchmark West Texas ...
Brexit and the Markets: CROSS-COMMODITY FACTBOX by S&P Global Platts
Yahoo Finance - 6/24/2016 3:49:32 PM
with the long-term outlook already viewed as subdued in terms of European oil consumption and growth mainly driven by Asian economies such as China and India. The UK's Brexit vote will have a bigger impact on the country's own sector than on the global ...
Azoth Analytics Releases 2016-2021 Global Oleochemicals Market Report
Newswire Today - 6/21/2016 11:59:51 PM
Figure 1: Global Oleochemicals Market Size ... consumption and export in countries of South America, 2014 (KT) Figure 68: Argentina Vegetable Oil Production, Domestic Consumption and Exports (Million MT) Figure 69: Brazil Vegetable Oil Production and ...
Which Countries are Leading the Way in Renewable Energy?
solarnovus.com - 6/23/2016 4:45:00 AM
It is thirty years later and you’re much more likely to hear politicians talking the same sort of game as the progressive Carter than rehashing the antiquated opinions of Reagan; you would be hard-pressed to find a world leader that doesn’t acknowledge ...
Oil Prices Hammered by U.K. Vote to Leave EU
NASDAQ - 6/24/2016 12:29:06 PM
Brent, the global ... consumption to rise strongly this year. Relatively low oil prices have encouraged new demand and emerging economies in Asia continue to grow. The vote also increases uncertainty for oil production in Scotland'sNorth Sea, as the ...
Oil prices rise ahead of Brexit vote
Media Juss - 6/24/2016 10:23:14 PM
"Global GDP growth is generally seen as a key determinant ... analyst at Tyche Capital Advisors said. "This will curb oil consumption in countries that do not use the US dollar", DeHaan said. Oil prices have rebounded since hitting lows of below $30 ...