Oil worldwide consumption

Daily demand for crude oil worldwide from 2006 to 2020 (in million barrels)*. Global demand for crude oil (including biofuels) in 2018 amounted to 99.3 million barrels per day and is projected to increase to 101.6 million barrels per day in 2020. Heating oil, also called fuel oil, is used in boilers and furnaces for heating homes and buildings, for industrial heating, and for producing electricity in power plants. Total distillate fuel oil consumption in 2018 averaged about 4.15 million b/d, which was equal to 20% of total U.S. petroleum consumption. Daily oil consumption by region from 1980 to 2006. This is a list of countries by oil consumption. [1] [2] The total worldwide oil consumption was 93 million barrels per day (bbl/day) on average in 2015 according to the International Energy Agency (IEA).

Oct 1, 2018 The United States consumes more petroleum than any other country, accounting for 20% of world consumption in 2017. Despite a 2.8 million  consumption. In the chapter “Production Quality” figures for total oil production in each area or country do not coincide with the figures in the “Production” chapter  Dec 16, 2011 Multi-Country analysis of palm oil consumption and cardiovascular disease mortality for countries at different stages of economic development:  Mar 2, 2016 World olive oil consumption in 2015 was pegged at a record 3,295,911 tons in the report. Italy led the list of consumers with 640,443 tons,  Jul 26, 2017 Shifting to plug-in cars wouldn't be enough to max out global oil consumption by 2040. But it could help make that happen if cities pitch in and 

Global oil market balance. Brent oil price on oil prices. Global oil demand. End user demand growing at 1.0%p.a. and ownership decreases oil consumption.

EIA expects global petroleum and liquid fuels consumption will average 99.1 million b/d in the first quarter of 2020, a decline of 0.9 million b/d from the same period in 2019. EIA expects global petroleum and liquid fuels demand will rise by less than 0.4 million b/d in 2020 and by 1.7 million b/d in 2021. Drip gases, and liquid hydrocarbons produced from tar sands, oil sands, gilsonite, and oil shale. Liquids produced at natural gas processing plants are excluded. Crude oil is refined to produce a wide array of petroleum products, including heating oils; gasoline, diesel and jet fuels; lubricants; asphalt; ethane, propane, and butane; and many other products used for their energy or chemical content. Annually, global consumption is even more impressive, reaching 36.4 billion barrels consumed in 2018, according to BP. That’s $2.184 trillion worth of oil consumption in a single year. Interestingly enough, 2010 was also the time that Crude Oil prices plummeted because of supply and demand concerns. World Oil Consumption is at a current level of 99.84M, up from 98.41M one year ago. This is a change of 1.46% from one year ago.

For instance, in countries such as Malaysia with abundant availability of vegetable oils at low prices, Food Balance Sheet data may not reflect real consumption 

Mar 11, 2020 EIA forecasts OPEC crude oil production will average 29.2 million barrels per EIA expects global petroleum and liquid fuels consumption will  Country, Million barrels per day, Share of world total. United States, 17.94, 18 The 10 largest oil1 consumers and share of total world oil consumption in 20172   Oct 21, 2019 Global demand for crude oil (including biofuels) in 2018 amounted to 99.3 million Countries with the highest oil consumption 2015-2018.

In 2018, Saudi Arabia, the USA, Canada, South Korea, Japan, Germany, Russia, Brazil, China and India were the top 10 oil consuming countries (see chart 

The data is categorized under World Trend Plus's Association: Energy Sector – Table RB.BP.OIL: Oil: Consumption. What was United States's Oil Consumption in 

Jun 12, 2019 Darkening Outlook. Though the International Energy Agency expects oil consumption to grow by 1.3 million barrels a day this year, Wall 

World Oil Consumption statistics by region with analysis about Oil Consumption provided by Enerdata energy experts. Export data on oil consumption for the  Aug 20, 2019 Annually, global consumption is even more impressive, reaching 36.4 billion barrels consumed in 2018, according to BP. That's $2.184 trillion 

This is a list of countries by oil consumption. The total worldwide oil consumption was 93 million barrels per day (bbl/day) on average in 2015 according to the  Mar 11, 2020 EIA forecasts OPEC crude oil production will average 29.2 million barrels per EIA expects global petroleum and liquid fuels consumption will  Country, Million barrels per day, Share of world total. United States, 17.94, 18 The 10 largest oil1 consumers and share of total world oil consumption in 20172