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
WORLD ECONOMIES IN TROUBLE: Middle East Oil Exports Lower Than 40 Years Ago
zerohedge.com - 12/7/2016 5:40:28 PM
Here is a breakdown of the some of the Middle Eastern countries oil consumption: In 1976 ... the petroleum available on the world market will decline much more steeply than the decline in total production. A perfect example of this is Indonesia.
IEA’s World Energy Outlook 2016 Includes the Paris Agreement, But Doesn’t Reach the Goal
instituteforenergyresearch.org - 12/6/2016 7:07:33 PM
According to the IEA, LNG will become the dominant fossil fuel in international markets by 2035 as more and more countries switch from oil to natural gas. Natural gas consumption is growing across the world except in Japan, and because there is plenty of ...
3D printing could reduce global oil consumption, says top Nordea analyst
3ders.org - 11/25/2016 10:33:52 PM
3D printing and electric cars could reduce global oil consumption The IEA, a Paris-based intergovernmental organization that acts as an energy policy adviser to members states and other countries ... consumption around the world. Speaking at an IEA ...
An Updated Version of the “Peak Oil” Story
peakoil.com - 12/6/2016 7:50:30 PM
According to EIA data, the countries with the five largest increases in crude oil production in 2015 were (1 ... making workers more productive. If energy consumption per capita is falling, the world economy is likely moving in the direction of contraction.
South Korea’s third-quarter crude oil imports, domestic consumption up, exports down
theiranproject.com - 11/29/2016 8:02:59 AM
The world’s fifth-largest crude importer shipped in ... The energy ministry releases the country’s oil imports, exports and consumption data every quarter but does not provide any outlook for the next quarter.
OPEC cut pushes oil prices up to 16-month high
The Christian Science Monitor - 12/4/2016 11:56:15 PM
OPEC, founded in Baghdad in 1960, was originally made up of the world’s five largest oil producing countries: Iraq ... In 2015, only 24 percent of the United States’ oil consumption came from net imports: the lowest annual level since 1970, according ...
Higher oil prices a risk to India's growth trajectory: Dharmendra Pradhan
larampadinapoli.com - 12/5/2016 12:27:53 PM
India has used the slump in oil prices ... point of India on consumption of petroleum products being price sensitive, the minister said there is a genuine issue of affordability for a sizable population in India and other developing countries.
Peak Oil In A Fact-Free World: The New “Oil Bonanza” In West Texas
Counter Currents - 12/1/2016 5:08:48 AM
Here are some data, taken from Bloomberg (not exactly a den of Cassandras). Let’s compare these data with the world’s oil consumption that, according to “Index Mundi,” is today a little more than 33 billion barrels per year. So, you see from the ...
Oil & Gas Industry Outlook - December 2016
investing.com - 12/5/2016 3:38:10 AM
However, indications that supply was easing helped oil prices rebound to $50/barrel mark in early Jun. The surge was driven by outages in Nigeria, Libya, Venezuela and Canada – countries that hold some of the world’s major sources of crude. The upward ...
Russia Says OPEC, non-OPEC Countries to Discuss Oil Cuts
diy-home-garden.com - 12/7/2016 5:58:57 AM
he said consumption of petroleum products is price sensitive as there is a genuine issue of affordability for a sizable population in India and other developing countries. Tighter supply is good news for oil investors over the longer term, but for now ...
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 Oil Consumption – 3D Charts in Google Earth
Google Earth Blog - 2/26/2007 11:58:23 PM
World ... 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 to show up on google earth.
Oil demand growth in India likely to take a hit post demonetisation
ET Auto.com - 12/5/2016 10:54:49 AM
Oil demand growth ... Expansion in the world’s fastest-growing major economy is widely expected to ease temporarily after Prime Minister Narendra Modi last month withdrew high-value currency notes in a country where almost all consumer payments are ...
What will lift world economy? Goldman says higher oil prices
BusinessMirror. - 11/27/2016 3:36:19 PM
Things changed in the 2000s, Currie and Sprogis wrote. Modern financial systems took savings that were building up in lower-consumption, oil-producing countries and circulated them around the world. The theory helps explain why the global economy surged in ...
The Surprising Reasons Why Price Is No Object In Poorer Countries Thirsty For Oil
Forbes - 8/9/2012 7:48:51 PM
I am frequently asked why, if oil demand is down and production is up in the U.S., we aren’t seeing more relief from high oil prices. The short answer: because of rising demand in developing countries ... average consumption of oil in the world—87 ...