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Global crude oil price, measured in US dollars per cubic meter, against total oil consumption, measured in average cubic meters per day. Prices are adjusted for inflation.
Jun 20, 2024 · Differences between the world consumption figures and world production statistics are accounted for by stock changes, consumption of non-petroleum additives and substitute fuels and unavoidable disparities in the definition, measurement or conversion of oil supply and demand data.
Industry consumption by sub-sector of top five countries by total final consumption, 2019. Top five countries by total final consumption by sector, 2019. Key World Energy Statistics 2021 - Analysis and key findings. A report by the International Energy Agency.
Jul 29, 2021 · World oil supply and demand, 1971-2020. Last updated 29 Jul 2021. Download chart. Cite Share. Supply/demand, million tons Supply-demand gap, million tons 1980 1990 2000 2010 2020 -2000 0 2000 4000 6000 -80 0 80 160 240. Crude oil and NGL production.
World oil production fell for the first time since 2009 by 6.6 million b/d in 2020 driven by both OPEC (-4.3 million b/d) and non-OPEC (-2.3 million b/d). Country wise, Russia (-1 million b/d), Libya (-920,000 b/d) and Saudi Arabia (-790,000 b/d).
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Jun 20, 2024 · Global crude oil prices, measured in US dollars per cubic meter. This data is not adjusted for inflation.
May 21, 2024 · Oil consumption worldwide reached approximately 97.3 million barrels per day in 2022. This was an increase of around three percent in comparison to the previous year, when global oil...
