Global oil usage by year

Global liquid fuels. EIA forecasts that global liquid fuels consumption will increase by 0.9 million barrels per day (b/d) in 2019, down from year-over-year growth of 1.3 million b/d in 2018.

18 Nov 2019 For the whole year 2019 and 2020, IEA's global demand growth Gasoil/diesel consumption dropped by 50,000 b/d y-o-y and naphtha  9 Nov 2019 CAPP's annual Crude Oil Forecast, Markets and Transportation report provides Across the Asia Pacific region, oil consumption and energy demand are b/d in 2018 – a growth rate decline of 12% from last year's forecast. 25 Sep 2019 Fossil fuel use will keep climbing for the next 30 years, the report said. “Global energy consumption continues to outpace renewables growth  14 Jul 2014 The world has 53.3 years left to find an alternative to oil before current proved reserves run dry, according to BP. Of course, nations are finding 

15 Nov 2019 Global oil demand in the third quarter of 2019 grew by 1.1 million barrels OECD oil consumption fell by 590,000 barrels a day year-on-year in 

This is a list of countries by oil consumption. The total worldwide oil consumption was 93 million barrels per day (bbl/day) on average in 2015 according to the International Energy Agency (IEA). 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. If China's oil consumption does follow the projections shown in Figure 11, it can be expected that China's oil demand will impose an overwhelming burden on the global oil market over the coming The world keeps consuming more oil. That's not a surprise, but one unconventional look at the numbers gives you a better idea of the dramatic extent of the global demand. World consumption has been on a steady rise for decades and neared 94 million barrels a day in 2014.

If China's oil consumption does follow the projections shown in Figure 11, it can be expected that China's oil demand will impose an overwhelming burden on the global oil market over the coming

11 Mar 2020 EIA expects global petroleum and liquid fuels consumption will average quarter and then rise to $42/b during the second half of the year. Chart and table showing yearly consumption of crude oil by country (World). Data obtained from the US Energy Information Administration. 20 Aug 2019 That's $2.184 trillion worth of oil consumption in a single year. In gallons, the world's annual consumption is 1.134 trillion—roughly half the  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 World Oil Consumption is at a current level of 99.84M, up from 98.41M one year ago. This is a change of 1.46% from one year ago. Category:  15 Nov 2019 Global oil demand in the third quarter of 2019 grew by 1.1 million barrels OECD oil consumption fell by 590,000 barrels a day year-on-year in 

10 Jul 2014 After declining in 2009, global crude oil production has now increased 4 years in a row. But as I noted in last month's short article, while global 

Global oil supply will outpace demand throughout 2019, as a relentless rise in output swamps growth in consumption that is at risk from a slowing economy, the International Energy Agency said. Global oil consumption will reach 100 million barrels per day (bpd), more than twice what it was 50 years ago, in the next few weeks and it shows no immediate sign of falling. Despite overwhelming Global crude oil production rose (+2%) driven by explosive growth in the United States (+16.5%) OPEC members in June 2018 agreed to increase oil production to prevent a supply shortage and reduce prices after previous production cuts were deemed excessive and raised prices too much.

22 Jan 2019 In a report, Wood Mackenzie said India's oil demand growth recovered centre globally in 2019 on back of buoyant auto fuel and LPG consumption, is projected to grow by 6.4 per cent or 1,12,000 bpd year-on-year in 2019 

23 Sep 2018 The world's airlines will be the single fastest growing user of oil, increasing consumption by 2.2% a year on average, to 2040. However, the  22 Jan 2019 In a report, Wood Mackenzie said India's oil demand growth recovered centre globally in 2019 on back of buoyant auto fuel and LPG consumption, is projected to grow by 6.4 per cent or 1,12,000 bpd year-on-year in 2019  22 Feb 2019 At 13 million b/d, global petrochemical feedstock is 13% of total oil demand. To illustrate, out of nowhere this year's BP's forecast boomed the today reside in still developing nations, where oil usage has really just begun.

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. If China's oil consumption does follow the projections shown in Figure 11, it can be expected that China's oil demand will impose an overwhelming burden on the global oil market over the coming The world keeps consuming more oil. That's not a surprise, but one unconventional look at the numbers gives you a better idea of the dramatic extent of the global demand. World consumption has been on a steady rise for decades and neared 94 million barrels a day in 2014. Global oil supply will outpace demand throughout 2019, as a relentless rise in output swamps growth in consumption that is at risk from a slowing economy, the International Energy Agency said. Global oil consumption will reach 100 million barrels per day (bpd), more than twice what it was 50 years ago, in the next few weeks and it shows no immediate sign of falling. Despite overwhelming