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
Feelin' the burn in Saudi: domestic energy consumption is highest in MENA
Al Bawaba - 8/3/2015 10:20:20 AM
As a company, Aramco ranks fourth in the world in refining capacity jointly with Shell. Subsidised prices In its Country Analysis Report ... 2.9 million barrels per day of oil in 2013, almost double the consumption in 2000, because of strong industrial ...
Solar power gets attention in the oil kingdom
Washington Post - 8/3/2015 11:53:23 AM
As a result, the country — with 30 million people, it is the 44th-most-populous in the world — is the sixth-largest consumer ... Because its domestic oil consumption has gotten so out of control and is increasing so fast that the kingdom could be ...
A Revolution: UAE Begins Fuel Deregulation; Other Oil Producers To Follow Suit
Seeking Alpha - 8/3/2015 6:41:24 PM
A rise in the cost of fuel would cause a reduction in overall fuel consumption, thus preserving the ... abolish diesel subsidies after facing significant public outrage. Oil producing countries have upped their budgeted expenditure over the past few ...
UK total energy consumption falls below 1965 levels
Responding To Climate Change - 8/3/2015 8:11:29 AM
If we compare Britain with the rest of the world (except ... for producers of oil and gas. As the first country to industrialise, there is some reason to suppose that Britain’s path of rapidly falling energy consumption will be followed by others.
Study Global Chloroprene Rubber(CR)Market Heavily Affected by Crude Oil Price Fluctuations
MENAFN - 8/2/2015 10:14:21 AM
Technavio forecasts the global chloroprene rubber market to grow at a CAGR of 5.89% and 6.36% on the basis of production and consumption over ... sector in developing countries and increased demand for high-performance tires oil seals and even in tire ...
The Impact of Global Oil Consumption: OECD vs. Non-OECD
Investment U - 1/27/2012 3:33:21 PM
The Organization for Economic Co-operation and Development (OECD), headquartered ... Energy Agency (IEA), tells all. Oil consumption from emerging market countries (have-nots) is just about to eclipse that of the old world (haves). Check it out: This ...
Oil sinks to 6-month low amid weak data, slump in consumption
Economic Times - 8/3/2015 6:55:43 PM
Oil sank to six-month lows on Monday with Brent crude falling below $50 a barrel on sluggish US and Chinese economic data and bets for weaker gasoline consumption in the United States after tearaway demand earlier in the summer. Evidence of growing global ...
Oil prices sinking – even without Iran
Daily News Egypt - 7/30/2015 5:34:34 PM
Despite Iran’s recent nuclear deal with world powers, the country might still take a considerable amount ... there has almost been a decoupling of economic growth and crude oil consumption. “This pattern can be clearly observed in the numbers ...
Middle East mostly unaffected by Shell’s global cull of 6,500 jobs
The National - 7/30/2015 8:23:23 AM
Estimates of global oil-and-gas job cuts range between 70,000 and 100,000 ... The UAE last week announced it would cut subsidies for domestic fuel consumption, a move other countries are expected to emulate to cut government spending at a time of lower ...
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 ...
Kuwait's oil and gas industry 2015 market insight and outlook report to 2025 published by leading research firm
Whatech - 8/4/2015 1:58:04 AM
oil and gas companies in the country are altering their strategies to cop up with the changes in global markets. Kuwait oil and gas market is experiencing major changes in new project development, consumption patterns and market scenario amidst rapidly ...
UPDATE 6-Oil sinks to 6-month low amid weak data, rout in gasoline
Reuters - 8/3/2015 9:30:13 AM
Oil sank to six-months lows on Monday as sluggish data out of the U.S. and China, and bets for weaker gasoline consumption after tearaway demand earlier in the summer, deepened losses in benchmark crude contracts. Evidence of growing global oversupply and ...
Uganda: World Bank Predicts Rise in Global Oil Prices
AllAfrica - 7/29/2015 11:30:41 AM
According to the financial body, the anticipated rise has two implications in the global economy; boosting foreign exchange earnings for oil exporting countries and high ... likely to be a major factor in shaping consumption of industrial commodities ...
GLOBAL MARKETS-Greek stocks bashed on return, China woes go on for commodities
Reuters - 8/3/2015 11:03:17 AM
"Policymakers will be reassured by the robust growth rates seen in these countries and the resilience ... London's FTSE as its mining companies and oil firms suffered again. Wall Street was eyeing a flurry of manufacturing, consumption and inflation ...
OPEC forecasts 3.5% growth for global economy in 2016
NATIONAL MIRROR - 7/28/2015 10:59:04 PM
The Organisation of Petroleum Exporting Countries ... In 2016, world oil demand growth is forecast to pick up, reaching 1.34 mb/d. OECD demand is expected to register positive growth of 0.18 mb/d, while non-OECD consumption is projected to grow by ...