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
Weaker dollar lifts oil prices, but mood remains bearish
Reuters - 7/26/2016 3:22:55 AM
As oil is traded in dollars, a drop in its value makes fuel imports cheaper for countries using other currencies ... the two main pillars of global oil consumption, there are signs of stalling demand growth. This has raised concerns that a rebalancing ...
European vegoils-Palm oil boosted by strong rise in Malaysia
Business Recorder - 7/26/2016 8:19:23 PM
PARIS: Vegetable oils on the European market rose on Tuesday, following palm oil futures in Malaysia and boosted by the country's commitment to raise the minimum bio content in biodiesel, which will lift palm oil consumption ... the world's second-largest ...
Oil slumps on surging supply but global economy picks up speed
Daily Telegraph - 7/27/2016 7:17:57 AM
The International Energy Agency (IEA) estimates that global demand for crude rose a respectable 1.2m barrels a day (b/d) in the second quarter to 96m, driven by the fastest rise in oil consumption by the rich OECD countries since 2010. The IEA expects ...
Global Methyl Tert-Butyl Ether (MTBE) Industry
prnewswire.com - 7/26/2016 5:06:07 PM
The report profiles 27 companies including many key and niche players such as - China Petrochemical Corporation Emirates National Oil Company ... Demand II-3 Table 1: Global MTBE Market (2015): Percentage Breakdown of MBTE Consumption by End-Use ...
A world map of subsidies for renewable energy and fossil fuels
Financial Times - 7/26/2016 3:58:42 AM
The IEA calculates that the global subsidy bill ... It is non-OECD countries that lead the list of carbon subsidisers. Data show that in some oil-producing states, large-scale subsidies of public consumption of fossil fuels represent between 15 per cent ...
Wishful Thinking Driving Oil’s Foes
Investing Daily - 7/26/2016 8:40:52 PM
In the 32 years since 1984, global crude oil demand ... response to much higher oil prices). Nearby countries like Denmark (-14%), Sweden (-16%), and Finland (-21%) all had big declines. But Norway’s oil consumption actually rose during that time ...
Research details developments in the global bunker oil consumption
Whatech - 7/20/2016 12:19:44 PM
Secondly, the report states the global Bunker Oil market size (volume and value), and the segment markets by regions, types, applications and companies are also discussed. Third, the Bunker Oil market analysis is provided for major regions including USA ...
Busting Media Myths On Peak Oil
theburningplatform.com - 7/24/2016 5:58:36 PM
The term “peak oil” simply means that crude oil production for any field, region or country eventually reaches a peak ... and resulted in the first ever sustained decline in world oil consumption and flat consumption for many years thereafter.
The Surprising Reasons Why Price Is No Object In Poorer Countries Thirsty For Oil
Forbes - 8/9/2012 7:48:51 PM
Because the oil markets are global, the answer to that question is, “It depends on how much value people in developing countries place on increasing their oil consumption to two or three barrels of oil per year.” Or, an alternative way to think about ...
Industrial Greases Market – On Road Vehicle Segment to Dominate the Consumption by 2021
Empowered News - 7/26/2016 7:04:49 AM
With the anticipated increase in manufacturing in China in the coming years, the demand for industrial greases in the country is ... categorized the global industrial greases market into key segments based on thickener type, base oil type, applications ...
Innovative Motor Fuel Chemist Wins Global Energy Prize
Environment News Service - 7/22/2016 10:01:22 AM
“The worldwide statistics show that energy consumption from traditional sources ... renewables develop not as fast as we would like – oil and gas continue to the main fuel in all countries of the world. Renewables only represent 2.8 percent of global ...
Medium Voltage Cables Industry Global Analysis by Region, Consumption, Competition and Technology
EIN Newsdesk - 7/19/2016 5:57:22 PM
PUNE, INDIA, July 19, 2016 /EINPresswire.com/ -- Wiseguyreports.Com Adds “Medium Voltage Cables Market - Global Industry Analysis ... These cables are used across industrial (power, oil & gas, mining, chemicals and others), renewables, and infrastructure ...
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: This is the only chart you need to look at to know that unless you have your own oil well in your backyard, you’re soon going ...
When Will Global Oil Consumption Rebound?
International Business Times - 9/10/2009 2:43:02 PM
What made the total global oil consumption decline so severe earlier this year was not only the magnitude of the drop in the OECD countries, but something seen very rarely—a decline in non-OECD oil consumption. During the past half century, the only time ...
S&P Global Platts Preview of U.S. EIA Data: Likely to Show Gasoline Stocks Drop of 700,000 Barrels
Platts - 7/25/2016 9:25:00 PM
But other proxies for U.S. gasoline consumption ... in over 150 countries look to our expertise in news, pricing and analytics to deliver greater transparency and efficiency to markets. S&P Global Platts coverage includes oil and gas, power, petrochemicals ...