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 ...
Eni: US entered top 10 in world oil reserves in 2014
Oil & Gas Journal - 11/24/2015 5:46:08 PM
... led the growth at 2.5% and overtook OECD countries in terms of oil consumption. China remained the driving force albeit at a slower rate, rising 3% in 2014 vs. the 5.9%/year averaged from 2000 to 2014. Global gas production remained flat, led by the ...
The Future of Global Oil
Value Walk - 11/18/2015 5:35:57 AM
Back then, few were aware of a new player about to enter the global oil game ... By February, oil consumption rose to a record 3.91 million barrels a day, the second highest ever recorded in the country. The trend continues despite the removal of fuel ...
Transport Uses 25 Percent of World Energy
The Maritime Executive - 11/19/2015 5:37:45 PM
Major European countries ... energy consumption, followed by residual fuel oil with 9 percent. Petroleum products account for the largest share of transportation energy use by far; non-petroleum fuels account for very small portions of the world energy ...
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 ...
Airstrikes, low oil prices sink ISIS production by 63 percent
petroglobalnews.com - 11/24/2015 5:03:11 PM
Energy Aspects chief oil analyst Amrita Sen told CNBC that ISIS oil production has fallen to about 40,000 barrels per day from a high of 110,000 barrels per day. “Some of that they probably have to use internally for their own consumption and they’re ...
Oil climbs as Turkey shoots down Russian jet
The Express Tribune - 11/25/2015 5:13:20 AM
Analysts said comments from Saudi Arabian oil minister Ali al-Naimi, who said his country was prepared to work with ... have more than halved in the past 18 months as global production outpaces consumption.
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.
UPDATE 1-Saudi deputy crown prince says considering subsidy cuts after oil price fall - NYT
Reuters - 11/25/2015 2:03:02 PM
"So even if oil falls to $30 a barrel, Riyadh will have enough revenues to keep building the country without exhausting its savings," but without making clear if that figure was its own or had been mentioned by Mohammed bin Salman. The world's top oil ...
Dollar softens, commodity currencies benefit from oil rally
Economic Times - 11/25/2015 5:27:39 AM
Commodity currencies also fared well, thanks in part to rebound in oil prices ... there are not many countries that have two-year yields of around two percent in the developed world," said Shinsei Bank's Masai. "So I suspect the Aussie cannot weaken ...
Global oil prices slump is only temporary
bna.bh - 11/25/2015 6:10:36 AM
A number of relevant topics were covered during the opening panel, such as, the global demand for GCC oil, the production and export capabilities of the GCC countries ... sources of oil and future energy consumption. The final panel, "The Impact of ...
This map shows which countries are squandering the most money on fossil fuel subsidies
Grist - 11/19/2015 3:14:35 PM
Click on a country to see its spending breakdown. Of course, the world is larger than ... and curbing electricity consumption; and has seen broad success along these lines. Certainly, with a falling price of oil, cutting subsidies can free up public ...
Even with oil price going down, production is still going up
zmescience.com - 11/19/2015 7:43:37 AM
But global ... consumption is expected to grow by an average of 0.3 million b/d in 2015 and by 0.1 million b/d in 2016. Economic conditions improved in several OECD countries in Europe and Asia as they emerged from recessions, contributing to 2015 oil ...
Cities in numbers: how patterns of urban growth change the world
The Guardian - 11/23/2015 2:26:53 PM
Aside from electricity, most of the world’s energy consumption involves directly burning fossil fuels, such as oil for transport, coal for making steel and cement industries and gas for heating. Despite recent improvements in some countries in procuring ...