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
Oil Under $48 Opens The Door For Income Investors
Seeking Alpha - 3/27/2017 5:28:43 AM
World oil production outpaced consumption in recent years ... and undeveloped economies worldwide and by efforts of the Organization of Petroleum Exporting Countries (OPEC) to curb production. The graph below shows production and consumption of crude ...
Iran may become net energy importer by 2025
hellenicshippingnews.com - 3/15/2017 2:04:02 PM
With the current pace of Iran’s energy consumption ... the world (two times of the world average), and has been rising on average by about 3.4 percent a year over the past 40 years. Energy intensity measures the amount of primary energy supply a country ...
Why Oil Demand May Be Higher Than Expected
Fox Business - 3/17/2017 2:15:58 PM
It involves "billions of consumers world-wide and many millions of companies ... UBS believes that demand is also harder to pin down because around half of global oil consumption now comes from countries outside the Organization for Economic Cooperation ...
Venezuela, Home to World’s Largest Oil Reserves, Runs Out of Gasoline
Breitbart News - 3/23/2017 11:55:50 PM
Hundreds of Venezuelans found themselves stranded this week as the nation’s gasoline supply ran out at stations throughout the nation’s urban centers, a stunning development in an OPEC nation believed to boast the world’s largest oil reserves.
These 10 countries are best at providing affordable and sustainable energy
World Economic Forum - 3/22/2017 5:09:00 PM
Now in its fifth year, the World ... a country’s energy architecture, or how its energy is sourced, supplied and managed, adds or detracts from economic growth. 2. Environmental sustainability – the environmental impact of energy supply and consumption.
The New Gas Guzzlers
Slate - 7/13/2012 3:34:32 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 ...
World Leaders In Lettuce Production
worldatlas.com - 3/21/2017 4:20:05 PM
However, in China, a majority of the lettuce produced is utilized for domestic consumption. Spain and then the US are the two largest exporters of lettuce in the world. Originally, the countries of ... dressing of vinegar and oil as far back as 50 AD.
Can You Guess Which Country Is the Healthiest in the World?
blog.foodnetwork.com - 3/23/2017 11:55:50 PM
Italy’s healthiness may be attributable to the country’s cuisine, with its emphasis on fresh fruits and vegetables, lean meats and fish, and extra virgin olive oil, BloombergMarkets ... childhood malnutrition and alcohol consumption, as well as a ...
Halfway into 2017’s oil supply cut, Asia remains awash with fuel
BusinessWorld Online - 3/20/2017 11:59:24 PM
The Organization of the Petroleum Exporting Countries (OPEC) and other suppliers including ... slowdown in demand growth in China and India -- the two major engines of world oil consumption growth.” -- Reuters
Oil rebounds as United States crude inventories ease off record high
celebcafe.org - 3/18/2017 4:20:39 AM
Given a bit more time, the world’s bloated oil inventories will decline as production cuts by the Organization of Petroleum Exporting Countries and Russian Federation take effect, while fuel consumption remains strong, the banks predict. Even with ...
India’s oil consumption to be fastest in world by 2035: report
Live Mint - 1/26/2017 10:14:37 AM
India, Asia’s second biggest energy consumer since 2008, had in 2015 overtaken Japan as the world’s third largest oil consuming country behind US and China. “We project that India’s energy consumption grows the fastest among all major economies by ...
Will the US lead the LNG pack? Ten energy thought leaders weigh in
Lloyd’s List - 3/28/2017 2:24:24 PM
THE US Energy Information Administration projects a 48% increase in world energy consumption by 2040 — and gas is set ... and marketers are successfully adding new countries to the list of LNG importers, while new LNG buyers are looking for lower ...
The world’s energy is getting cleaner (and cheaper) — but not fast enough
Washington Post - 3/22/2017 9:23:43 AM
The Trump administration may roll back U.S. regulations on clean power and on methane leaks from oil ... world, there are important lessons coming from developing and emerging economies. They include countries that have found ways to rationalize their ...