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
Oil nudges $50 a barrel as investors bet on shrinking overhang
Reuters - 5/25/2016 5:19:23 AM
A series of outages around the world ... and still oil is up, so it's definitely about oil fundamentals, rather than tailwinds from equities and currencies," he said. Strikes across France that crippled output from most of the country's eight refineries ...
Global Palm Oil Industry 2016 Research and Analysis Report
Empowered News - 5/20/2016 8:27:16 PM
The report provides a comprehensive study of global vegetable oil market, global palm oil production and consumption and also the regional ... and Export Trend 3.10 Global Vegetable Oil Import by Country 3.11 Global Vegetable Oil Export by Country 4.2 ...
EIA projects 48% rise in world energy consumption by 2040
Commodity Online - 5/12/2016 1:20:06 PM
Most of this growth will come from countries that are not in the ... the liquids share of world marketed energy consumption is projected to fall from 33% in 2012 to 30% in 2040. As oil prices rise in the long term, many energy users adopt more energy ...
Oil prices little changed as dollar gains, US drawdown seen
bilbaoya.com - 5/25/2016 6:09:30 AM
Tehran's stance appeared to reinforce market doubts that the Organization of the Petroleum Exporting Countries (Opec ... The IEA revised its global oil consumption growth numbers for Q1 2016 higher to 1.4 million bbl/day, mostly due to strong gains ...
Automobile Revolution Made India the Leader in Oil Consumption Growth
economiccalendar.com - 5/18/2016 2:10:15 PM
The ever-growing Indian car market has made the country a global leader in terms of oil products consumption rate growth, pushing China out into second place. This year, India is poised to take Japan’s place as the world’s third biggest oil consumer.
Clinton tried to push fracking on foreign countries, new emails reveal
RT - 5/24/2016 10:17:03 PM
Though Hillary Clinton is a vocal opponent of fracking in her 2016 presidential campaign, newly leaked emails reveal that she tried to export the practice to other countries ... we are when the world is heavily dependent on coal, and oil, but principally ...
The Fed Says Oil Market Is Oversupplied By 1 Million Barrels - That Has To Be A Buy Signal
Seeking Alpha - 5/25/2016 11:38:47 AM
What he means is that a third of this global oil inventory is slated for government ... has water levels at the crucial Guri Dam so low that the entire country is being forced to curtail consumption of electricity. The Venezuelan Government just mandated ...
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 ...
Oil prices hold gains as US crude stockpiles fall by 4.2M barrels
CNBC - 5/23/2016 11:58:27 PM
A series of outages around the world ... traders watch oil, markets starting to hear different drummer The 'Niger Delta Avengers' are real, and they're a big problem for oil Strikes across France that crippled output from most of the country's eight ...
EIA: world energy consumption to see 48% increase by 2040
World Coal - 5/13/2016 1:40:23 PM
The majority of this growth is anticipated to come from countries ... consumption over the projection period. According to the EIA, concerns about energy security, effects of fossil fuel emissions on the environment, and sustained, long-term high world oil ...
Forecast: Only a Slight Fall in Fossil Fuel Use by 2040
SoloNews - 5/16/2016 3:49:51 AM
The world will use 48 percent more energy by 2040, three-quarters of which will come from coal, oil or natural gas ... use is going to be in the non-OECD countries", Sieminski said. Reference case assumes that the consumption of natural gas worldwide ...
Oil prices push closer to $50, U.S. crude hits highest in 7 months
Win 98.5 - 5/24/2016 8:41:01 AM
"A strong U.S. economy is (also) good for oil consumption and demand," Le Brun said ... "I think the cap is not too far above that level - the world is still awash with oil even if it is off the peaks." His views were echoed by Masanobu Hamada, general ...