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
The Oil Patch Will Rise Again
econintersect.com - 7/30/2015 4:48:38 AM
Global oil consumption increased by an average of 900,000 bpd annually over the last decade, rising in 18 of the past 20 years. Demand did decline in member countries of the Organisation for Economic Co-operation and Development (OECD) - the grouping of ...
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 ...
Saudi Arabia’s soaring domestic energy consumption
Gulf News - 8/2/2015 8:15:39 PM
As a company, Aramco ranks fourth in the world in refining capacity jointly with Shell. In its Country Analysis Report ... Arabia consumed 2.9 million barrels per day of oil in 2013, almost double the consumption in 2000, because of strong industrial ...
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 ...
Who Benefits The Most From Cheap Oil?
Seeking Alpha - 7/29/2015 4:59:58 PM
... consumer of oil in the world. With 80% of its oil consumption being imported, lower prices are doing wonders for government finances and consumer pocketbooks. India's finance minister recently said that the country is on track to reach a current ...
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 ...
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 ...
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 ...
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 ...
Exalmar produces more fishmeal, but sales plummet
FIS - 8/2/2015 3:22:10 PM
The company has six fishmeal and fish oil production plants and two frozen goods plants, engaged in processing aquatic products for direct human consumption.
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 ...
Oil Shouldn't Fall Further, Stability Seen in 2016: OPEC
NDTV - 7/30/2015 11:39:38 PM
Moscow: The Organization of the Petroleum Exporting Countries (OPEC) expects increasing oil ... OPEC position based on expectations that China and the developing world will increase oil consumption. "Despite current uncertainties, signs of a more balanced ...
China to be world's 3rd largest nuclear energy generating country: EIA
Economic Times - 7/21/2015 11:54:29 AM
BEIJING: China is expected to become the world ... country by 2017 surpassing South Korea and Japan, said US energy information administration (EIA). Chinese government has set a goal to increase the share of non-fossil fuels in its primary energy ...
NYMEX-U.S. crude falls on global glut fears despite stocks drawdown
CNBC - 7/29/2015 12:10:39 AM
The gap between world oil production and consumption has grown even wider after the Organization of the Petroleum Exporting Countries pumped 31.25 million barrels of oil per day (bpd) in the second quarter against demand of 28.26 million bpd, Reuters ...
Shayne Heffernan Oil Price Report
Live Trading News - 8/2/2015 5:02:23 PM
The latest boost from the Organization of the Petroleum Exporting Countries adds to excess ... in the second half of the year as global consumption reaches its annual peak. In 2016 OPEC forecasts demand for its oil will be nearly 1 million bpd higher ...