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, 2012See also: Oil - consumption map
Who Benefits Most From Cheap Oil?
Oil Price - 3/26/2015 11:02:57 PM
With a consumption of more than 3 million barrels of oil per day, India is the fourth largest global consumer of oil in the world. Since the country imports around 80% of its total crude oil requirement, cheap oil has drastically reduced India’s import ...
Oil Producers Sound Retreat From China
Wall Street Journal - 3/27/2015 4:17:55 AM
BEIJING—Global oil companies ... has the world’s biggest technically recoverable shale-gas reserves, according to the U.S. Energy Information Administration, and natural-gas demand was growing as the government looked to shift energy consumption ...
Oil's role in the world economy and in the global crises
CNN iReport - 3/21/2015 8:24:15 PM
In this issue the Middle East is in the first position and the lowest consumption is done by the countries in Europe. According to the statistics the amount of oil consumed by the world every year is as many as 30 billion barrel among which nearly 25 ...
Angola Energy Profile: Second-Largest Oil Producer In Sub-Saharan Africa – Analysis
Eurasia Review - 3/21/2015 6:36:52 PM
Angola’s primary energy consumption, 2012. Solid biomass and waste data: International Energy Agency, World Energy Statistics ... Global view of crude oil imports, partner country as Angola, accessed February 2015.
Why Are OPEC Countries Abandoning Oil Consumption?
The Motley Fool - 5/17/2013 1:43:58 AM
The first thought that comes to mind with OPEC is oil. This collection of countries is responsible for over 40% of all oil production around the world. For many of these ... East have made moves to halt the consumption of oil within their own borders.
Chinese tax hikes slash fuel oil imports 30 per cent so far this year
Economic Times - 3/25/2015 11:36:57 AM
This adds to the impact of a slowing economy and is expected to weigh heavily on consumption of fuel oil, although crude oil imports have been buoyed by purchases for the country's strategic reserves. "I would expect a decline in fuel imports into China as ...
Chinese airline completes cooking oil fuel flight
AsiaOne - 3/21/2015 10:37:16 AM
SHANGHAI - A Chinese airline on Saturday completed the ... Used cooking oil, called "gutter oil" in Chinese, has been the target of media exposes about how the waste product is sometimes illegally reused for human consumption. Sinopec, which was criticised ...
Fossil fuels will save the world (really)
Beaufort Observer - 3/23/2015 4:08:21 AM
In 2013, about 87% of the energy that the world consumed ... categories of use: oil used mainly for transport, gas used mainly for heating, and coal used mainly for electricity. Over this period, the overall volume of fossil-fuel consumption has increased ...
World Oil Consumption – 3D Charts in Google Earth
Google Earth Blog - 2/26/2007 11:58:23 PM
World Oil Consumption by Country – height based on barrel of oil per day World Oil Consumption Per Capita by Country Here are some interesting notes on what he did to produce the “Per Capita” chart: I had to mess with this data a little bit to get it ...
The Surprising Reasons Why Price Is No Object In Poorer Countries Thirsty For Oil
Forbes - 8/9/2012 7:48:51 PM
For developing countries, affordable energy can offer a pathway ... and aspires to higher standards of living. The average consumption of oil in the world—87 million bpd in 2010 (Source: 2011 BP Statistical Review of World Energy) divided by a global ...
The Oil Price Crash And Economic Slowdown In China
Seeking Alpha - 3/25/2015 10:32:31 AM
The change in 2005 is coincident with a change in growth and oil consumption in many OECD countries, and therefore indicates that ... China has grown to become the world's second largest economy and strong Chinese growth has underpinned global growth ...
In the depths
The Economist online - 3/27/2015 3:49:17 AM
It is still the world’s biggest coal consumer, and has accounted for four-fifths of global demand growth since 2000. But Chinese consumption dipped by 1.6% in 2014, despite economic growth of 7.3%. The country’s voracious appetite for steel is peaking ...
Rice News Release: Saudi Arabia's role in global energy markets is changing
Newsroom America - 3/26/2015 10:05:41 PM
"A Refined Approach: Saudi Arabia Moves Beyond Crude" examines the growth of Saudi refining, the ... domestic oil consumption would double by 2025. Saudi Arabia's move also risks undermining its long-held geostrategic role, Krane said. "The world's ...
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 ...
Low Global Oil Prices To Linger For Long (1)
Leadership - 3/26/2015 1:27:18 AM
By the end of 1974, average world crude oil price had spiked to $12 ... energy efficiency revolutions in OECD nations and adopted by other countries, the share of oil in total energy consumption in OECD for instance declined by 15 per cent from 46 per ...