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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
Coal consumption in South Africa 1998-2023; Coal consumption...
- Italy
Premium Statistic Annual WCS oil price 2012-2023; Premium...
- 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
Premium Statistic Global oil exports 2023, by...
- U.S. Oil Consumption Change 2022
The global demand for crude oil (including biofuels) in 2023 amounted to 102.21 million barrels per day. The source expects economic activity and related oil demand to pick up by the end of the ...
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 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.
Jun 1, 2018 · Canada Oil Consumption data is updated yearly, averaging 1,943.487 Barrel/Day th from Dec 1965 to 2023, with 59 observations. The data reached an all-time high of 2,486.002 Barrel/Day th in 2019 and a record low of 1,108.116 Barrel/Day th in 1965. Canada Oil Consumption data remains active status in CEIC and is reported by BP PLC.
Jan 24, 2024 · Growing energy efficiency and EV uptake could advance the timeline for oil demand decline. After a steep decline due to COVID-19, oil demand increased to pre-pandemic levels in 2023 at 101.7 million barrels per day (MMb/d). However, growth may not last long, as peak demand is projected to materialize before 2030 across our four bottom-up energy ...
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Jun 20, 2024 · Oil consumption per capita. Measured in kilowatt-hours per person. Source. Energy Institute - Statistical Review of World Energy (2024); Population based on various sources (2023) – with major processing by Our World in Data. Last updated.
