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
A Surprising Look At Oil Consumption
Seeking Alpha - 11/25/2015 12:34:09 AM
(click to enlarge) And Asia and Oceania's largest consumer is China. The country has increased oil consumption 6.5 percent per year since 1985. Most of the rest of the world has not seen the consumption boom that was experienced by the Middle East and Asia ...
With rising consumption, Saudi Arabia throws its weight behind gas exploration
Al Bawaba - 11/29/2015 12:25:14 PM
According to the “BP Statistical Review”, Saudi Arabia’s gas reserves at the end of 2014 were just over 288 trillion cubic feet (tcf), the fifth in the world ... gasfields and three oil and gasfields in the east of the country in 2014, the highest ...
Mark Mobius – Consumption In China: From Commodities To Karaoke
Value Walk - 11/26/2015 8:32:34 AM
Crude oil’s price gyrations tend to get the most attention, but China’s share of global oil consumption is about 12% ... model from one that has been primarily export based, the country’s overall gross domestic product (GDP) growth has slowed.
The American energy story Obama won’t tell the world
Reuters - 11/30/2015 3:27:11 AM
President Barack Obama is poised to repeat his history of weak-handed negotiations on the world ... countries gather in Paris on Monday to consider an international response to climate change. According to the president, rejecting the Keystone XL oil ...
Venezuela Energy Profile: Holds Some Of World’s Largest Oil And Natural Gas Proved Reserves – Analysis
Eurasia Review - 11/30/2015 10:08:03 AM
While Venezuela is important to the global oil market, the government’s reinvestment ... to reduce industrial production. The country also fined large users for excessive consumption. Venezuela plans to expand hydroelectric production in the future.
Global Warming's Unacknowledged Threat: The Pentagon
Truth Out - 11/29/2015 3:45:40 PM
Citing a CIA study, Sanders warned that countries around the world are "going to be struggling ... directed at protecting America's access to foreign oil and maritime shipping lanes. In short, the consumption of oil relies on consuming more oil.
India to lead global energy demand to 2040, says IEA
Big News Network - 11/27/2015 7:22:47 PM
Surging consumption of coal in power generation and industry is expected to make India the largest source of growth in global coal use. Oil demand is also expected to exceed other countries to approach 10 million barrels per day (mb/d) by 2040. Natural gas ...
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 ...
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 ... On the other hand, demand from non-OECD countries (the have-nots) is up a whopping 15% in just the last three years.
Global CO2 Emissions Slowed Down in Recent Years
capitalwired.com - 11/28/2015 12:19:16 PM
With countries like India, which increased its overall emissions ... And the reason presented by the researchers is a 0.5 percent reduction in global oil consumption, owed both to some moving to greener energies, and to the increased oil prices.
India moving to the centre of global energy affairs
Times of India - 11/28/2015 1:59:29 PM
NEW DELHI: India is putting its stamp on the global energy market, as its demand for energy shoots ahead of all other countries, said Dr Fatih Birol ... exhibiting the largest growth in coal and oil consumption, as well as becoming a major player in ...
Global Industrial Greases Market is Expected to Reach Value of US$ 1,905.9 Mn by 2021, PMR Report
Financial Content - 11/25/2015 3:18:48 AM
global industrial greases production is dominated by Mineral oil based greases, and similar trend is expected to continue during the forecast period. Consumption of mineral oil based greases is expected to be the highest in Asia Pacific due to higher ...
What the global commodity crash means for you
Economic Times - 11/30/2015 2:29:55 AM
"Global commodity prices are largely driven by China and the country's shift from investment-led growth to consumption-led growth is taking ... there has been a 65% fall in the number of oil rigs in the US. Also, the fear of an impending interest rate ...
Oil Pulls Back Following Spike After Statement by Saudi Arabia
gosporttimes.com - 11/27/2015 9:42:58 AM
"The cabinet stressed the Kingdom's role in the stability of the oil market, its constant readiness and continuing pursuit to cooperate with all oil producing and exporting countries ... 18 months as global production has outpaced consumption, and ...
Surging Fuel Consumption Shows India's Economy Picking Up Speed
Bloomberg - 11/25/2015 11:57:11 PM
Oil product consumption in India expanded at the fastest pace in a decade in October as petrol prices fell amid a global commodity slump ... jump the most in almost two years in October. Soon the country’s 1.3 billion people might have even more cash.