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
Mexico’s Peso Feels Heat from Falling Oil Prices
Wall Street Journal - 11/28/2014 8:36:34 PM
MEXICO CITY—Mexico’s peso fell Friday to its weakest level against the U.S. dollar in more than two years as the continuing decline in world oil prices ... the Petroleum Exporting Countries decided against cutting crude oil output to address falling ...
World Sets New Oil Production and Consumption Records
Energy Trends Insider - 7/9/2014 11:53:36 PM
Last month BP (NYSE: BP) released the Statistical Review of World Energy 2014. This report is one of the most comprehensive sources of global and country level statistics on production and consumption of oil, natural gas, coal, nuclear power and renewables.
U.S. Shale Boom Masks Threats to World Oil Supply, IEA Says
Businessweek - 11/12/2014 8:12:35 PM
Global oil consumption will rise to 104 million barrels ... markets have raised concerns about security of supply from the world’s largest energy exporter, the IEA said. With Asian countries set to import two out of every three barrels of crude traded ...
OPEC might get the last laugh on oil
Market Watch - 11/28/2014 12:08:20 PM
In addition to hobbling world economic growth, the prices encouraged more exploration. More oil from the North Sea, Russia, Alaska and elsewhere came online. Meanwhile, U.S. oil consumption cratered ... make sure that non-OPEC countries share the burden ...
The Surprising Reasons Why Price Is No Object In Poorer Countries Thirsty For Oil
Forbes - 8/9/2012 7:48:51 PM
In poorer countries, where per capita oil consumption is only ... 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 lonely locomotive
The Economist online - 11/28/2014 11:57:00 PM
This is all the more remarkable because the rest of the world ... oil prices dropped as much as this year: in 2001 and 2008, when the world was entering recession, and in 1997-98, during the Asian financial crisis. The latter event was followed by a ...
China increases tax on gasoline, diesel consumption
presstv.com - 11/28/2014 4:47:30 PM
China’s measure to increase fuel consumption tax comes as world oil prices have dropped to fresh four-year lows following the recent decision by the Organization of the Petroleum Exporting Countries (OPEC) to maintain its current level of production.
Why Are OPEC Countries Abandoning Oil Consumption?
The Motley Fool - 5/17/2013 1:43:58 AM
This collection of countries is responsible for over 40% of all oil production around the world. For many of these ... Yet, Saudi Arabia and several other OPEC countries in the Middle East have made moves to halt the consumption of oil within their own ...
China will overtake the U.S. as the world’s biggest oil consumer, energy agency says
The Kansas City Star - 11/11/2014 7:37:59 PM
“A landmark is reached in the early 2030s, when China becomes the largest oil consuming country, crossing paths with the United States,” the agency said in a summary of its World Energy Outlook ... the IEA said. Consumption in developed economies ...
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 ...
Falling Oil Prices Could Boost Jamaica’s Economy
Economy Watch - 11/28/2014 2:52:58 PM
Countries capable of exporting oil to other locations around the world have limited their supply to make sure ... More Supply = Lower Oil Prices The expected global oil consumption by the end of this year should be approximately 91.6 million barrels ...
Oil price plunge linked not only to market factors — Libyan vice-premier
en.itar-tass.com - 11/27/2014 12:38:09 PM
A fall in world oil prices in recent ... barrels per day while global consumption will increase to 92.3 million barrels per day. To a considerable extent, the demand growth will continue to be ensured by the countries outside the Organization for Economic ...
New emissions from Canada’s oil sands ‘extremely low,’ says IEA’s chief economist
Financial Post - 11/27/2014 8:30:36 PM
Despite the best efforts of developed countries to reduce their carbon footprint, the emerging economies of the world are offsetting the decline. For each barrel of oil eliminated from consumption in OECD countries, two additional barrels of oil are ...
A mixed blessing for India
The Hindu - 11/28/2014 7:32:08 PM
countries that export Gulf oil try to tighten their belts by emphasising local production and downsizing their foreign labour force in which Indians dominate. Thanks largely to over five million Indian expatiates there, India was the world’s largest ...
The New Gas Guzzlers
Slate - 7/13/2012 5:36:14 PM
Starting next year, for the first time on record the wealthy nations of Europe, North America, and Japan will account for less than one-half the world ... countries has been falling for six years. In North America and Europe, year-on-year oil consumption ...