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4 days ago · Published by Statista Research Department, Jul 15, 2024. Oil consumption worldwide reached approximately 100.2 million barrels per day in 2023. This was an increase of around three percent in ...
- U.S. Oil Consumption Change 2022
U.S. Oil Consumption Change 2022 - Global oil consumption...
- Italy
Italy - Global oil consumption 2023 - Statista
- Germany
West Texas Intermediate (WTI) crude oil price monthly...
- China
In 2023, China consumed 768.6 million metric tons of oil,...
- Saudi Arabia
Saudi Arabia consumed 172.4 million metric tons of oil in...
- Turkey
Turkey - Global oil consumption 2023 - Statista
- Canada
Canada's oil consumption amounted to 99.8 million metric...
- Global crude oil demand 2024
In 2023, world oil demand exceeded 100 million bbl/d for the...
- U.S. Oil Consumption Change 2022
Jun 20, 2024 · How to cite this page. To cite this page overall, including any descriptions, FAQs or explanations of the data authored by Our World in Data, please use the following citation: “Data Page: Oil consumption”, part of the following publication: Hannah Ritchie, Pablo Rosado and Max Roser (2023) - “Energy”. Data adapted from Energy Institute.
World Oil Consumption. The world consumes 35,442,913,090 barrels of oil as of the year 2016, equivalent to 97,103,871 barrels per day. Global oil consumption per capita is 5 barrels of oil (197 gallons) per person yearly (based on the 2016 world population of 7,558,554,526 people) or 0.5 gallons per capita per day.
In 2023, world oil demand exceeded 100 million bbl/d for the first time since the pandemic. ... Average daily time spent on social media worldwide 2012-2024 ... tailored to your specific needs. As ...
- Evidence of demand destruction is appearing with preliminary September data showing that US gasoline consumption fell to two-decade lows. Buoyant demand growth in China, India and Brazil, nevertheless underpins an increase of 2.3 mb/d to 101.9 mb/d in 2023, of which China accounts for 77%.
- World oil output rose 270 kb/d in September to 101.6 mb/d, led by higher production from Nigeria and Kazakhstan. The Israel-Hamas conflict has not had any direct impact on oil flows.
- Refinery margins fell sharply from near-record levels over the course of September and into October, as gasoline and fuel oil cracks collapsed, but overall remained above the seasonal average.
- Global observed oil inventories tumbled by 63.9 mb in August, led by a massive 102.3 mb draw in crude oil stocks. Preliminary data suggest that on land inventories continued to draw in September, while oil on water rebounded as exports recovered.
Oct 9, 2023 · World Oil Outlook 2023 sees global oil demand at 116 mb/d in 2045. The 2023 OPEC World Oil Outlook (WOO) was launched today at the King Abdullah Petroleum Studies and Research Center (KAPSARC) in the Kingdom of Saudi Arabia. First published in 2007, the WOO offers a detailed review and assessment of the medium- and long-term prospects for the ...
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As a result, world oil demand growth in 2023 has been adjusted lower by 90 kb/d from last month’s Report to 2.3 mb/d. China accounts for 78% of this year’s increase. Oil consumption growth is expected to ease significantly in 2024, to 1.1 mb/d, with demand baselines normalising as Covid-related distortions fade.
