Demand oil by country
Oil product consumption barely increased in Russia (+0.5%) and slightly decreased in the European Union (-0.6%) as industry and transport demand remains flat. Latin America’s oil product consumption, which has been declining since 2014, experienced its biggest drop in 2018 (-3.3%). This statistic shows the projected demand for oil by world region in 2019 and 2020. 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. 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. 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. For the United States, net consumption excludes the energy consumed by the generating units. For all other countries except the United States, total electric power consumption = total net electricity generation + electricity imports - electricity exports – electricity transmission and distribution losses.
List of Countries. VI. Notes and Methods. VIII. Oil - Supply and Demand. Oil - Production Quality. Reserves. 2. 46. Areas and Aggregates. 2. 46. The World Top
Forecaster predicts that countries will take a managed approach, spreading the to announce reduced spending in the new price and demand environment. 8 Dec 2013 The United States, the world's biggest oil consuming country, consumed 18.5 million barrels of oil per day (mbd) in 2012, which accounted for In the US, oil demand grew by 0.5 Mb/d its largest increase for well over 10 years and in The top countries in terms of reserves are Venezuela (17.5% of global 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 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 The demand for 'oil has been growing in some years at an annual rate that is 20 developing and newly industraisling countries such as China, are already at 3 Feb 2020 (Bloomberg): Chinese oil demand has dropped by about three The country consumes about 14 million barrels a day - equivalent to the
United States’s Oil Consumption data is updated yearly, averaging 17,721.826 Barrel/Day th from Dec 1965 to 2018, with 54 observations. The data reached an all-time high of 20,802.215 Barrel/Day th in 2005 and a record low of 11,522.188 Barrel/Day th in 1965.
This statistic shows the projected demand for oil by world region in 2019 and 2020. 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. 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. 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. For the United States, net consumption excludes the energy consumed by the generating units. For all other countries except the United States, total electric power consumption = total net electricity generation + electricity imports - electricity exports – electricity transmission and distribution losses. 1 Oil includes crude oil, all other petroleum liquids, and biofuels. 2 Production includes domestic production of crude oil, all other petroleum liquids, biofuels, and refinery processing gain. 3 Most recent year for which data are available when this FAQ was updated. The 10 largest oil 1 consumers and share of total world oil consumption in 2016 2. Drip gases, and liquid hydrocarbons produced from tar sands, oil sands, gilsonite, and oil shale. 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. United States’s Oil Consumption data is updated yearly, averaging 17,721.826 Barrel/Day th from Dec 1965 to 2018, with 54 observations. The data reached an all-time high of 20,802.215 Barrel/Day th in 2005 and a record low of 11,522.188 Barrel/Day th in 1965.
Breakdown by country (Mt). Excel. Share. World. Benchmark countries Increasing demand for oil products pushed consumption upwards in 2018, spurred by
2 May 2019 Offshore oil is a global industry, but what is the oil production by country around the world? Offshore Technology looks at the top ten countries. List of Countries. VI. Notes and Methods. VIII. Oil - Supply and Demand. Oil - Production Quality. Reserves. 2. 46. Areas and Aggregates. 2. 46. The World Top 17 Oct 2014 As global oil prices continue to fall, many analysts have asked why there a drastic drop in demand and what the long-term consequences will be on the for resource exploration in countries like Mozambique and Tanzania, 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
The Global Consumption Database is a one-stop source of data on household consumption patterns in developing countries. It is designed to serve a wide range of users—from researchers seeking data for analytical studies to businesses seeking a better understanding of the markets into which they are expanding or those they are already serving.
Forecaster predicts that countries will take a managed approach, spreading the to announce reduced spending in the new price and demand environment. 8 Dec 2013 The United States, the world's biggest oil consuming country, consumed 18.5 million barrels of oil per day (mbd) in 2012, which accounted for In the US, oil demand grew by 0.5 Mb/d its largest increase for well over 10 years and in The top countries in terms of reserves are Venezuela (17.5% of global 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 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 The demand for 'oil has been growing in some years at an annual rate that is 20 developing and newly industraisling countries such as China, are already at
The Global Consumption Database is a one-stop source of data on household consumption patterns in developing countries. It is designed to serve a wide range of users—from researchers seeking data for analytical studies to businesses seeking a better understanding of the markets into which they are expanding or those they are already serving.