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
10 Countries Most Reliant on Oil
INSIDER MONKEY - 1/18/2017 11:35:42 AM
so we thought it would be nice to look into the 10 countries most reliant on oil. This is an important topic and one that should be taken into consideration every time we discuss the future of the world we live in and how we will manage the consumption of ...
Indonesia - The Next Major Oil Importer?
Seeking Alpha - 1/11/2017 5:53:14 AM
Indonesia has the 4th largest population in the world and is the 7th largest country in the world by land and sea area. Indonesia has seen its oil consumption go up rapidly as a result of the country's growing oil consumption. This combined with the ...
High consumption: Pakistan becomes third-largest importer of cooking oil
The Express Tribune - 1/21/2017 8:50:29 PM
Imports help the country meet around 75% of its domestic ... said that per-capita consumption of cooking oil in Pakistan is among the highest in the world. He said Malaysia and Indonesia remained two big sources of import of the oil into the Pakistan.
South Korea Energy Profile: Heavily Dependent On Imports – Analysis
Eurasia Review - 1/22/2017 1:36:49 AM
South Korea’s oil consumption level has fluctuated with its economic ... at the end of 2016 and ranked sixth largest for refining capacity in the world (Table 1). The country’s three largest refineries are owned by SK Energy, GS Caltex, and S-Oil ...
2017: The Year When the World Economy Starts Coming Apart
ourfiniteworld.com - 1/11/2017 10:39:34 AM
it is quite possible that China’s total energy consumption in 2017 will shrink. If this happens, there will downward pressure on world fossil fuel prices. Oil prices may fall, despite production cuts by OPEC and other countries. China’s slowing ...
When will oil demand peak?
peakoil.com - 1/21/2017 6:34:29 PM
A similar increase in consumption is expected in 2017 driven by developing countries, though if US economic ... Longer-term, the demand for oil could continue to grow. Even in 2017, there are 1.2bn world citizens who have no access to electricity and ...
China-U.S. trade tensions high on Big Oil's worry list
Reuters - 1/20/2017 7:51:25 AM
"It is not unique to our country to feel ... on par with the U.S. as the world's top oil importer and any slowdown of the Chinese economy would badly hit global demand since Beijing has been the locomotive of the global oil consumption growth for the ...
Oil freeze deal under lens as market tightens
Oman Tribune - 1/21/2017 4:47:06 PM
The agency said stronger oil consumption had led it to raise ... This year the agency expects world oil demand growth of around 1.3 million bpd. Oil production in the US and other countries outside of Opec were beginning to respond to higher prices since ...
India’s damaging reliance on oil
The National - 1/21/2017 3:54:00 AM
India’s demand for oil is huge, as the world’s third-largest importer of crude oil globally. With consumption of oil expected to continue ... growth in transport demand and air travel, and the country’s insatiable growth for petrochemicals will ...
Holding the Barrel: Nigeria and the End Of Oil, By Bámidélé Adémólá-Olátéjú
opinion.premiumtimesng.com - 1/17/2017 2:50:09 PM
In the long run, the trends in the auto industry will be devastating for the crude oil reliant economies and infrastructure deficient countries like Nigeria ... to global energy supply. Crude oil consumption doubled every decade from the 1920’s until ...
Indian Sesame Oil Industry Outlook 2017-2022 - Research and Markets
Business Wire - 1/20/2017 11:40:29 AM
The country is facing a paradigm shift in the consumption of sesame oil because of its increasing use in different cuisines, ayurveda, various massage oils, etc. Sesame Oil is one of the oldest edible oils in the world. It is extracted from the seeds of ...
India's economy projected to grow by 7.7% in FY 2017: UN report
The New Indian Express - 1/17/2017 11:25:33 PM
The United Nations World ... the country’s economic growth. The report said India has positioned itself as the most dynamic emerging economy among the largest countries and is expected to remain the fastest growing on the back of robust private ...
Reducing Consumption and Local Exchange Better than “Sustainable Consumption”
resilience.org - 1/19/2017 12:46:06 PM
To figure out where the drive for these goods is coming from, researchers traced the production of goods in one country to consumers ... The map showing the effect US consumption has on biodiversity in all parts of the world (darker areas indicate areas ...
Big Oil Frets About China-U.S. Trade Tensions
worldenergynews.com - 1/20/2017 1:49:20 PM
Saudis say tensions make many countries anxious ... with the U.S. as the world's top oil importer and any slowdown of the Chinese economy would badly hit global demand since Beijing has been the locomotive of the global oil consumption growth for the ...
$92.84 Bn market is expected for Global Palm Oil Market by 2021: Zion Market Research
abnewswire.com - 1/17/2017 8:12:17 PM
Palm oil ... countries, and growing demand for vegetable oil as a feedstock for biodiesel production are driving the palm oil market growth. Furthermore, stringent regulations on trans-fat foods in U.S. and Europe are resulting in the rapid shift in ...