Global oil consumption barrels per day
13 Feb 2020 Worldwide oil consumption reached approximately 99.84 million barrels per day in 2018. Up by 20 million barrels per day since 1998, global oil 1998 2000 2002 2004 2006 2008 2010 2012 0 20,000 40,000 60,000 80,000 100,000 Thousand Barrels per Day Year World Crude Oil Consumption by Year. Bar chart showing consumption of crude oil by country (World). Country rankings Rank, Country, Consumption (Thousand Barrels per Day). 1, United States 20 Aug 2019 That's the average daily rate. Annually, global consumption is even more impressive, reaching 36.4 billion barrels consumed in 2018, according China consumes 12,791,553 barrels per day (B/d) of oil as of the year 2016. China ranks 2nd in the world for oil consumption, accounting for about 13.2% of the 13 Feb 2020 World fuel consumption -- which had previously been expected to grow by 800,000 barrels a day during the three-month period, compared with 1 Mar 2020 Brent crude, the international standard, dropped 14% for the week to its coronavirus to shave 400,000 barrels a day from global consumption
13 Feb 2020 World fuel consumption -- which had previously been expected to grow by 800,000 barrels a day during the three-month period, compared with
This chart shows current oil consumption in the world. Current Oil Consumption in the World: 84,455,330 barrels per day (bbl/day) 1 barrel = (42 US gallons, 158.9873 litres,or 34.9723 Imperial (UK) gallons) The world oil consumption per day is 91.7 million barrels as of May 2014. The U.S. is the largest oil consumer in the world, using up 18.83 million barrels a day. China uses 10% of the world’s oil. Over the past decade, oil demand has grown each year by 1.1 million BPD. Over the past five years, 1.4 million BPD. Last week the bible of energy statistics was released -- the BP Statistical Review of World Energy 2017 -- and it showed that oil consumption grew by 1.6 million BPD last year: World oil demand 1965-2016. 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.
27 Jul 2018 In 2017, the US oil consumption was 913 million tons of oil equivalent (19.9 million barrels per day), accounting for 20 percent of the world oil
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 11 Mar 2020 EIA delayed the release of the March STEO update by one day to EIA forecasts OPEC crude oil production will average 29.2 million barrels per day (b/d) from 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 21 Oct 2019 Global demand for crude oil (including biofuels) in 2018 amounted to 99.3 million barrels When compared to the daily oil demand of 86.4 million barrels in 2010, the Countries with the highest oil consumption 2015-2018. 13 Feb 2020 Worldwide oil consumption reached approximately 99.84 million barrels per day in 2018. Up by 20 million barrels per day since 1998, global oil 1998 2000 2002 2004 2006 2008 2010 2012 0 20,000 40,000 60,000 80,000 100,000 Thousand Barrels per Day Year World Crude Oil Consumption by Year. Bar chart showing consumption of crude oil by country (World). Country rankings Rank, Country, Consumption (Thousand Barrels per Day). 1, United States
OECD oil consumption fell by 590,000 barrels a day year-on-year in August before rising 540,000 barrels a day in September, the largest year-on-year gain in nearly 12 months.
3 Feb 2020 The country consumes about 14 million barrels a day - equivalent to The collapse in Chinese oil consumption is starting to reverberate across the global The price of Brent, the global oil benchmark, has fallen 10 per cent 23 Jun 2019 global oil demand has grown by 3.1 million barrels per day (BPD) since that article published. A New Consumption Record. Today In: Energy 23 Jan 2020 Global oil consumption hit 100 million barrels per day in October 2018, more than twice what it was 50 years prior. Nasser pointed to the 14 Jan 2020 The EIA forecasts that U.S. crude oil production will reach new records in 2020 and 2021. crude oil production in 2020 and 13.7 million barrels per day in 2021. demand, resulting in lower total U.S. energy consumption. 9 Nov 2019 By 2040, global oil demand is anticipated to increase to 106.3 million barrels per day (b/d). Across the Asia Pacific region, oil consumption and 13 Sep 2018 World oil consumption will top 100 million barrels per day (bpd) in the next three months, putting upward pressure on prices, although emerging
For the purposes of the GFP ranking, oil consumption is applied as a penalty to each nation, the higher its consumption the worse effect on a theoretical war effort. Oil consumption can be offset by the oil production value and this is factored in along with a given nation's proven oil reserves. Data presented on this list is through 2018. Values are presented in bbl/day (Barrels Per Day).
For the purposes of the GFP ranking, oil consumption is applied as a penalty to each nation, the higher its consumption the worse effect on a theoretical war effort. Oil consumption can be offset by the oil production value and this is factored in along with a given nation's proven oil reserves. Data presented on this list is through 2018. Values are presented in bbl/day (Barrels Per Day). 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. When compared to the daily oil demand of 86.4 million barrels in 2010, the increasing demand trajectory is clear. The world keeps consuming more oil. That's not a surprise, but one unconventional look at the numbers gives you a better idea of the dramatic extent of the global demand. World consumption has been on a steady rise for decades and neared 94 million barrels a day in 2014. The total worldwide oil consumption was 93 million barrels per day (bbl/day) on average in 2015 according to the International Energy Agency (IEA). Global liquid fuels. EIA forecasts that global liquid fuels consumption will increase by 0.9 million barrels per day (b/d) in 2019, down from year-over-year growth of 1.3 million b/d in 2018.
Source: Adapted from BP Statistical Review of World Energy. Its initial output was about 50 barrels of oil per day and after more than 155 years of Between 1990 and 2000, annual oil consumption increased by 14% with expectations that