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
Oil flow shifting direction
Durango Herald - 5/19/2013 6:35:05 AM
NEW YORK – The surge in oil production in the U.S. and Canada and shrinking oil consumption ... supplies from non-OPEC countries push prices lower. The group restricts production by its members in order to keep global oil prices high.
China Soybean Imports Seen by Oil World Jumping 17% Next Season
Bloomberg - 5/21/2013 1:42:13 PM
China’s soybean imports, the world’s largest, may jump 17 percent in the next season as the country rebuilds stockpiles, Oil World said. China may import 68 million metric tons of soybeans in the 2013-14 marketing year that begins Aug. 1, up ...
3 Country ETFs to Avoid in an Oil Slump - ETF News And Commentary
NASDAQ - 5/20/2013 4:06:34 PM
it is important to remember that over 90% of the nation's exports are due to petroleum and oil products, so clearly this is the main driver of the country's economy (see Global X Launches 2 Emerging Market ETFs). NGE doesn't have a long history ...
Oil firms raise price anew
manilastandardtoday.com - 5/21/2013 3:29:35 PM
The country’s oil firms raised pump prices by as much P0.35 per liter for gasoline and P0.25 per liter for diesel to reflect the movement in world oil prices. Pilipinas Shell Petroleum Corp., Petron Corp., Total Philippines and Seaoil ...
Hacker Group Anonymous Launches #OpPetrol to Target Global Oil Industry
US News and World Report - 5/17/2013 4:10:07 PM
The oil and gas industry has found itself in the crosshairs of hacker activist group Anonymous, which recently announced plans to launch cyber attacks on countries involved in the global oil trade. [READ: Why Our Energy Policy – and Fights ...
State Dept. Report Says Countries Have Repressed Religious Freedom With Laws
New York Times - 5/20/2013 11:08:54 PM
WASHINGTON — Countries around the world, including allies of the United States, have used laws on blasphemy and apostasy to suppress political opponents, the State Department said on Monday in an annual report chronicling a grim decline in ...
World Bank’s Kim Says Health Coverage Can End Poverty
Bloomberg - 5/21/2013 8:44:33 PM
World Bank President Jim Yong Kim said universal health insurance coverage in all countries can help achieve a goal of ending extreme poverty by 2030. “Every country in the world can improve the performance of its health system in the three ...
GLOBAL MARKETS-Shares edge higher but crude oil weakens
Reuters - 5/21/2013 4:41:10 PM
* Investors looking for clarity on Fed stimulus program * Dollar index firmer, but down from near 3-year high * Yen dips after Japanese minister says seeks 'balance' for currency * Commodities fall, gold and oil weaker on the day By Ryan ...
MARKET WATCH: Oil, gas prices continue to increase
Oil & Gas Journal - 5/21/2013 7:40:08 PM
Oil and gas prices continued climbing May 20 amid optimism for a US economic recovery and the prospect of increased demand for crude this summer. Natural gas was up 0.8% on forecasts for warmer weather for most of the country. The equity market was more ...
UPDATE 3-Oil above $104 on stronger equities, weaker dollar
CNBC - 5/20/2013 8:21:17 AM
The IEA last week forecast 8 percent growth in world oil demand on aggregate between 2012 and 2017, while supplies outside the Organization of Petroleum Exporting Countries are expected to rise 10 percent. Brent could rise to $105.94 if it breaks through ...
Even before first drops flow, Uganda's oil beset by bribery charges, political interference
FOX News - 5/18/2013 3:11:40 PM
... Uganda one of Africa's top oil producers. But some experts and analysts worry that the country got off to a false start and remains too politically unstable to avoid some of the mistakes made by other oil-rich but otherwise poor countries.
The 5 Richest Countries in the World
The Motley Fool - 5/19/2013 4:29:14 PM
sorted by GDP per capita and adjusted for purchasing-power parity. While at least one expected name makes the list, a few may surprise you. No. 5: Switzerland, $46,474 per person Kicking off the list is Europe's second-wealthiest country ...
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 ...
GCC nations, Mena oil exporters face growth decline
Gulf News - 5/21/2013 4:12:32 PM
The region’s oil-exporting countries achieved robust growth of 5.7 per cent in 2012 ... parts of the world. “We expect the non-oil sector growth to compensate for the decline in oil sector growth over time with Saudi Arabia and the UAE topping ...
Refill olive oil bottles in restaurants? Forget it, says EU. Too unhygienic and fraud-prone
Washington Post - 5/17/2013 3:20:01 PM
The European Commission, the EU’s executive, said Friday that, as of next year, restaurant customers will only be allowed to use oil from non-refillable ... to preserve the image of olive oil.” The EU is the world’s biggest producer of olive oil ...