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4 days ago · Oil consumption worldwide reached approximately 100.2 million barrels per day in 2023. This was an increase of around three percent in comparison to the previous year, when global oil consumption ...
- U.S. Oil Consumption Change 2022
Biggest companies in the world by market value 2023. Largest...
- Italy
Oil price of Dubai Fateh 1973-2023; Venezuela's Merey...
- Germany
Winter heating oil prices in the U.S. 2005/06-2022/23;...
- 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
Biggest companies in the world by market value 2023. Largest...
- 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.
In 2023, world oil demand exceeded 100 million bbl/d for the first time since the pandemic. ... Largest crude oil production increases in a single year by country 1973-2018 ... Oil consumption in ...
- World oil demand is on track to rise 2.3 mb/d to 101.7 mb/d in 2023, but this masks the impact of a further weakening of the macroeconomic climate. Global 4Q23 demand growth has been revised down by almost 400 kb/d, with Europe making up more than half the decline.
- US oil supply growth continues to defy expectations, with output shattering the 20 mb/d mark. This, combined with record Brazilian and Guyanese production along with surging Iranian flows will lift world output by 1.8 mb/d to 101.9 mb/d in 2023.
- Russian crude export prices declined sharply in November, with Urals falling below the $60/bbl price cap on 6 December. The lower prices and a 200 kb/d drop in oil shipments pushed November export revenues for crude and products down 17% m-o-m to $15.2 billion, a level not seen since July 2023.
- Refinery margins in Europe and Singapore rebounded marginally in November, but the US Gulf Coast underperformed again, slipping for the third month running.
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 ...
Oct 24, 2023 · The World Energy Outlook 2023 provides in-depth analysis and strategic insights into every aspect of the global energy system. Against a backdrop of geopolitical tensions and fragile energy markets, this year’s report explores how structural shifts in economies and in energy use are shifting the way that the world meets rising demand for ...
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Oct 12, 2023 · Global refinery throughput rates reached a summer peak of 83.6 mb/d in August, underpinned by record Chinese runs. Refinery crude runs are expected to rise by 1.7 mb/d in 2023 and by 1 mb/d next year. Global observed oil inventories tumbled by 63.9 mb in August, led by a massive 102.3 mb draw in crude oil stocks.
