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
GCC countries 'must prioritise efficient energy use'
Trade Arabia - 9/2/2015 7:57:22 AM
In the context of sustained lower oil prices ... Kuwait and Qatar are among the world’s top nations in terms of desalination capacity. With water consumption rates in the region continuing to swell, many of the GCC countries are considering how to ...
Oil, gas stocks rally ‘a temporary run’
Dawn - 9/4/2015 1:49:56 AM
On Thursday, however, oil prices settled down, with Brent falling back below $50 a barrel on concerns about global demand for petroleum ... Although the E&P companies drilling in the country have been able to spud with greater success than ever before ...
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 ...
Edible oil producers fight losing battle against cheap palm oil imports
Economic Times - 9/3/2015 10:08:01 PM
At the current price level other oils can't compete with palm oil," said Nitesh Shahra, president of the refinery division of Ruchi Soya, the country's biggest ... to keep pace with growing consumption, making it the world's top buyer of cooking oils.
India edible oil producers fight losing battle against cheap palm oil imports | Reuters
Firstpost - 9/4/2015 2:40:02 AM
At the current price level other oils can't compete with palm oil," said Nitesh Shahra, president of the refinery division of Ruchi Soya (RCSY.NS), the country's biggest ... keep pace with growing consumption, making it the world's top buyer of cooking ...
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 ...
OPEC Will be the Winners of 2015's Oil Price War
Ship Bunker - 9/4/2015 7:12:03 AM
The International Energy Agency (IEA) says with supplies outside the Organization of the Petroleum Exporting Countries (OPEC ... Last year, due to growing output from U.S. shale oil producers, OPEC’s world oil market share is said to have dwindled ...
The controversy over Shell's Arctic oil drilling, explained
Vox - 9/2/2015 1:48:08 PM
The only way to stop global warming, he's argued, is to zero out fossil fuel consumption by developing ... And in the interim, we're still going to need oil. If we block drilling in the United States, some other country will just drill to satisfy that ...
Urban homesteading, earth-wise consumption possible even in apartments
The Vancouver Sun - 9/2/2015 11:56:35 PM
Fill with olive oil. Top with seals and lids and store in a cool, dark place or refrigerator for up to 3 months. Makes four 125-ml (1/2-cup) jars. Source: “The Urban Homesteading Cookbook: Forage, Farm, Ferment and Feast for a Better World” by Michelle ...
World’s top oil trader Vitol sees price stuck at $40-$60 to 2016
Businessday - 9/2/2015 11:27:57 PM
The forecast, if realized, would mean oil-producing countries and the energy industry would need ... said oil demand growth was the only bullish factor in the market. Global daily consumption will increase this year and next by about 1.5 million barrels ...
Global Demand Picture For Natural Gas Looks Increasingly Sour
Inside Futures - 9/1/2015 4:26:48 PM
The first and most obvious victim of the nosediving oil prices has ... even while total gas consumption would increase by more than 70 percent in the same period. Lower demand for LNG from second-largest economy in the world means that the gas glut could ...
It’s time to lift the crude oil export ban
tribtalk.org - 8/31/2015 11:58:57 PM
In just 10 years, imported petroleum consumption ... prices are tied to global oil prices. The ban represents an outdated, protectionist policy that negatively impacts our national security interests. Our allies — including NATO countries in Europe ...
Volatile Oil Markets Hitting Canada Hard
Energy and Capital - 9/2/2015 6:41:37 PM
Canada has officially entered a recession, driven largely by the harsh global oil market. While the country has business ties to the ... Ongoing oil demand and consumption is expected to boost oil extraction expansion and investment, which will, given ...
How badly will Singapore be hurt by the new shipping regulations?
Yahoo Singapore Finance - 9/3/2015 6:51:46 AM
They expect residual fuel oil to retain its dominant share of refined fuels consumption in Singapore up to 2024 due to the country's position as one of the world's busiest ports. However, new shipping regulations will see a slight shift in consumption away ...
Global Oil Consumption Report: What Countries Have Increased or Decreased Oil Usage Since 2009?
Howe Street - 12/6/2014 4:06:24 AM
Reader David Epperson sent in some interesting charts on global oil usage that he produced from U.S. Energy Information Administration (EIA) data. The data is through the end of 2013. I was curious how much oil consumption had declined over the last few ...