Global oil demand by country
For 2019, a total global demand of 101.6 million barrels of oil per day was estimated. Of that amount, almost one third goes to the Asian-Pacific and the Americas regions, respectively. For 2019, a total global demand of some 100.3 million barrels per day was predicted. EIA expects global petroleum and liquid fuels consumption will average 99.1 million b/d in the first quarter of 2020, a decline of 0.9 million b/d from the same period in 2019. EIA expects global petroleum and liquid fuels demand will rise by less than 0.4 million b/d in 2020 and by 1.7 million b/d in 2021. Lower global oil demand growth for 2020 in the March STEO reflects a reduced assumption for global economic growth along with reduced expected travel globally because of the 2019 novel Liquids produced at natural gas processing plants are excluded. Crude oil is refined to produce a wide array of petroleum products, including heating oils; gasoline, diesel and jet fuels; lubricants; asphalt; ethane, propane, and butane; and many other products used for their energy or chemical content. Oil Consumption by Country (2020) Examination of the oil consumption commitment of countries. Oil remains the lifeblood of any war effort today and drives many components of the modern military complex including aircraft, vehicles, warships, small arms, and general industry. Global demand for oil products grew again in 2018, up 0.9%, on expansions in the transport and petrochemical sectors. Increasing demand for oil products pushed consumption upwards in 2018, spurred by petrochemicals, especially in the US and increasing fuel consumption in the transport sector. The United States of America is the top country by petroleum consumption in the world. As of December 2019, petroleum consumption in the United States of America was 21,039.9 thousand barrels per day. The top 5 countries also includes China, India, Japan, and Republic of Korea. Per capita consumption data for 2011 by continent is coming up strangely. For global consumption of 529 Quad BTUs, it's showing per capita 9.5 trillion BTUs (which would assume a world pop. ~56,000).
For 2019, a total global demand of 101.6 million barrels of oil per day was estimated. Of that amount, almost one third goes to the Asian-Pacific and the Americas regions, respectively. For 2019, a total global demand of some 100.3 million barrels per day was predicted.
3 Feb 2020 As the coronavirus hits China's economy, threatening fuel demand, Officials of some of the world's largest oil producers are scrambling to stem a officials from the Organization of the Petroleum Exporting Countries, as well 4 Feb 2020 The sharp fall in oil demand is a clear symptom of a drop in business activity in China and a sign that the country's economic growth, which was 26 May 2016 Petro-states are different from other countries because the fates of their global oil demand will continue to outpace world petroleum supplies 7 Oct 2019 In October 2017, China's President Xi Jinping said his country was in Strong economic growth has helped drive global oil consumption energy demand and supplyshape international politics—and vice versa. Worldwide crude oil production is growing across the board, starting with the world's. 28 Feb 2019 As India closes the development gap on China the country's reliance on oil is set to grow. This makes India one of the fundamental components of
8 Nov 2016 This is 21 percent of the total world consumption of oil which, as reported by the World Bank, is almost identical to the share of the US economy in
13 Feb 2020 The country accounted for about 75% of last year's oil-demand growth, according to the IEA, which advises most major economies. Earlier this 5 Feb 2020 But the projections of senior executives in China — the world's top oil Chinese oil demand in February 2019 was just under 13m barrels a day, Opec countries and allies including Russia are scrambling to thrash out a 3 Feb 2020 As the coronavirus hits China's economy, threatening fuel demand, Officials of some of the world's largest oil producers are scrambling to stem a officials from the Organization of the Petroleum Exporting Countries, as well
7 Oct 2019 In October 2017, China's President Xi Jinping said his country was in Strong economic growth has helped drive global oil consumption
28 Feb 2019 As India closes the development gap on China the country's reliance on oil is set to grow. This makes India one of the fundamental components of 8 Nov 2016 This is 21 percent of the total world consumption of oil which, as reported by the World Bank, is almost identical to the share of the US economy in The price of oil is of critical importance to today's world economy, given that oil is the exporting countries found an increasing demand for their crude oil and a 9 Jun 2005 This promises to increase the world's dependence on the Persian Gulf members of the Organization of Petroleum Exporting Countries, especially 13 Oct 2009 The Other Peak Oil: Demand from Developed World Falling. Oil demand in industrialized countries peaked in 2005 and will not reach that high 20 Mar 2019 Increasing crude oil demand from industries including refineries in developing countries will drive global hydraulic fracturing market growth. By. 21 Aug 2019 Total estimated world oil consumption, from 1950 to 2018, then, and even fewer countries kept good records on how much oil it consumed.
Lowering Consumption, Boosting Exports. In 2005, the UAE became one of the first major oil-producing countries to ratify the Kyoto Protocol to the UN Convention
28 Feb 2019 As India closes the development gap on China the country's reliance on oil is set to grow. This makes India one of the fundamental components of 8 Nov 2016 This is 21 percent of the total world consumption of oil which, as reported by the World Bank, is almost identical to the share of the US economy in The price of oil is of critical importance to today's world economy, given that oil is the exporting countries found an increasing demand for their crude oil and a
The United States of America is the top country by petroleum consumption in the world. As of December 2019, petroleum consumption in the United States of This table contains data on world oil statistics while focusing on trade flows amongst countries, oil demand and output. Data are expressed in kilotonnes or 13 Feb 2020 Lower-than-expected consumption in the OECD countries trimmed 2019 growth to 885,000 b/d, it also said. The forecast downgrade comes as 13 Jan 2010 In 2008 the United States imported oil from 10 countries currently on As a major contributor to the global demand for oil the United States is Global economic growth is lifting more people into the middle class in developing countries and higher incomes mean sharply rising demand for consumer goods 11 Feb 2020 EIA's global petroleum supply forecast assumes that the Organization of the Petroleum Exporting Countries (OPEC) will reduce crude production Current and historical Reserves, Production, and Consumption of Oil in China. Global rank and share of world's total. Data, Statistics and Charts. See also: List of countries by Oil Reserves. China holds 25,132,122,000 barrels of proven oil