Barrels of oil consumed per day worldwide

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  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  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  

Worldwide, approximately 99.84 million barrels of oil were consumed daily in 2018. According to the source, consumption includes inland demand plus international aviation, marine bunkers, refinery fuel and loss; consumption of fuel ethanol and biodiesel is also included. Of the almost 100 million barrels of oil consumed daily, more than 60 million bpd goes for transport, and alternative fuel systems such as battery-powered electric cars still have little market share. Much of the remaining oil is used to make plastics by a petrochemicals industry that has few alternative feed stocks. Of the almost 100 million barrels of oil consumed daily, more than 60 million bpd goes for transport, and alternative fuel systems such as battery-powered electric cars still have little market share. The U.S. Energy Information Administration (EIA) includes biofuels in consumption of petroleum products. EIA uses product supplied to represent U.S. petroleum consumption. In 2019, the United States consumed an average of about 20.46 million barrels of petroleum per day, or a total of about 7.47 billion barrels of petroleum products. Their peak consumption was in 2007 at 2,173,000 barrels per day and had declined by 9.5 percent by 2014. Japan has been in the doldrums for almost two decades. Their oil consumption peaked in 1996 at 5,704,000 barrels per day. They recovered slightly in 2012 but dropped again in 2013 and 2014, reaching a low of 4,297,000 barrels per day in 2014. The outlook for long-term demand estimates that the total global demand for oil will amount to nearly 140 million barrels per day in the year 2040. Of that amount, developing countries are

10 Jun 2011 The World Is Consuming More Oil Than It Produces, And Survived the world consumed about 5 mbpd (million barrels per day) more oil than it produced. however, is that BP's oil consumption data include global biofuels, 

11 Jun 2019 In depth view into World Oil Consumption including historical data from World Oil Consumption measures the number of barrels that are consumed worldwide on an annual basis. It is an indicator released by BP. This metric tends to trend upwards except for a small dip in the 1980s Unit, Barrels per Day. Chart and table showing yearly consumption of crude oil by country (World). 100,000 Thousand Barrels per Day Year World Crude Oil Consumption by Year. DEFINITION: This entry is the total oil consumed in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the  Oil consumption, thousand barrels per day, 2014 - Country rankings: The average for 2014 based on 192 countries was 485.24 thousand barrels per day.

The U.S. Energy Information Administration (EIA) includes biofuels in consumption of petroleum products. EIA uses product supplied to represent U.S. petroleum consumption. In 2019, the United States consumed an average of about 20.46 million barrels of petroleum per day, or a total of about 7.47 billion barrels of petroleum products.

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   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  20 Sep 2018 Sometime in the next few weeks, global oil consumption will reach 100 million barrels per day (bpd) - more than twice what it was 50 years ago  11 Jun 2019 In depth view into World Oil Consumption including historical data from World Oil Consumption measures the number of barrels that are consumed worldwide on an annual basis. It is an indicator released by BP. This metric tends to trend upwards except for a small dip in the 1980s Unit, Barrels per Day. Chart and table showing yearly consumption of crude oil by country (World). 100,000 Thousand Barrels per Day Year World Crude Oil Consumption by Year. DEFINITION: This entry is the total oil consumed in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the 

23 Apr 2010 Global oil demand—led by the United States and followed by China, oil consumption will more than double from 7.7 million barrels per day in 

World consumption has been on a steady rise for decades and neared 94 million barrels a day in 2014. Estimates from the U.S. Energy Information Administration sees the number increasing by another million barrels a day by the end of next year: BIG APPETITE: World consumption has been on

Of the almost 100 million barrels of oil consumed daily, more than 60 million bpd goes for transport, and alternative fuel systems such as battery-powered electric cars still have little market share. Much of the remaining oil is used to make plastics by a petrochemicals industry that has few alternative feed stocks.

America produces 5.4 million barrels of crude oil per day, 164 million barrels, per month, and The top five consuming countries in the world are: – Oil: United  23 Jun 2019 Today, I want to cover the production and consumption of petroleum. global oil demand has grown by 3.1 million barrels per day (BPD) since 

Rank (total), Country, Total (barrels per day), per Capita (liters per year), Date. 1, United States of America, 19,530,000, 3,526.0, 2015 est. 2, China, 11,120,000  23 Apr 2010 Global oil demand—led by the United States and followed by China, oil consumption will more than double from 7.7 million barrels per day in