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 ...
Global Industrial Greases Market is Expected to Reach Value of US$ 1,905.9 Mn by 2021, PMR Report
GlobeNewswire - 11/25/2015 8:19:27 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 ...
Paris is another reason for the world to kick its oil addiction
Sydney Morning Herald - 11/17/2015 11:59:30 PM
Oil accounted for 48 per cent cent of global energy consumption and was the source of just under ... but oil's 33.6 per cent share is not far behind. Middle Eastern countries meanwhile have seen their dominance of the oil market decline only slightly ...
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.
Oil Price Rebound Not Imminent, But Underway
NASDAQ - 11/24/2015 11:19:35 AM
Global supplies hit 97 mb/d in September, still outstripping total worldwide consumption ... one of the country’s largest, is losing about 4 percent of its output each year, for example. Lukoil’s oil fields in Western Siberia have seen declines ...
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 - 11/23/2015 11:59:33 PM
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.
Global growth in carbon dioxide emissions stagnates
Science Daily - 11/25/2015 3:36:06 PM
After a decade of rapid growth in global carbon dioxide emissions ... a mild winter which resulted in a 10% lower heating demand and 3) a 0.5% reduction in oil consumption for transport. Significant reductions in national CO₂ emissions were recorded ...
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 ...
Oil is Stuck in the Trenches
Bloomberg - 11/25/2015 2:53:09 PM
In this case, one way is to measure oil inventories versus consumption. OECD oil stocks spent most ... Assume this all flowed into tanks in OECD countries -- where much of the world's commercial oil storage resides -- and stocks would rise above 70.
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 Liquefied Natural Gas (LNG) Developments 2015
prnewswire.com - 11/25/2015 9:26:51 PM
most of the LNG consumption originates from the Asia-Pacific regions Japan consumes about % of the world's total LNG supply, followed by China and India-On the supply side, Qatar has, so far, controlled the world's LNG supply market-However, technological ...
Global growth in CO2 emissions plateaus
Phys.org - 11/25/2015 1:12:56 PM
After a decade of rapid growth in global CO 2 emissions, which increased at an average ... a mild winter which resulted in a 10% lower heating demand and 3) a 0.5% reduction in oil consumption for transport. Significant reductions in national CO 2 ...