How much oil is consumed in the world

Around the world, over 34 billion barrels of oil are used every year. At this rate of consumption, how much oil do we have left? The world oil consumption per day is 91.7 million barrels as of May 2014. The U.S. is the largest oil consumer in the world, using up 18.83 million barrels a day. China uses 10% of the world’s oil. Gasoline is the most consumed petroleum product in the United States. In 2018, consumption of finished motor gasoline averaged about 9.33 million b/d (392 million gallons per day), which was equal to about 45% of total U.S. petroleum consumption. Distillate fuel oil is the second most-consumed petroleum product in the United States. News > World > Africa Global oil consumption set to hit 100 million barrels per day sooner than expected. Demand for oil has almost doubled in countries across Asia, Central and South America and

The world pumps an extraordinary amount of oil out of the ground. are the certainty of how much oil is there, and the concentration of that oil. the International Energy Agency predicts that world oil consumption will

The world oil consumption per day is 91.7 million barrels as of May 2014. The U.S. is the largest oil consumer in the world, using up 18.83 million barrels a day. China uses 10% of the world’s oil. Gasoline is the most consumed petroleum product in the United States. In 2018, consumption of finished motor gasoline averaged about 9.33 million b/d (392 million gallons per day), which was equal to about 45% of total U.S. petroleum consumption. Distillate fuel oil is the second most-consumed petroleum product in the United States.

Fossil fuels, including coal, oil and natural gas, are currently the world's primary The United States leads the world in petroleum consumption at 19.88 million to the United States, while Russia remains the main supplier for much of Europe.

Dec 16, 2019 Canada is the fifth-largest crude oil producer in the world World Oil Production (2014)* Canada produces more oil than it can consume.

Mar 25, 2019 In 2018, we consumed more oil than any prior year in history – about 99.3 See how the world's future energy mix is expected to change by

Mar 12, 2018 Cumulative world oil production at the end of 2017 was approximately or EIA) is predicting that global petroleum consumption (this includes all The much higher energy per unit mass for gasoline and diesel fuel provides a

World consumption has been on a steady rise for decades and neared 94 million barrels a day in 2014. 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 Oil Consumption statistics by region with analysis about Oil Consumption provided by Enerdata energy experts. Export data on oil consumption for the Oct 11, 2019 The United States is the top oil-producing country in the world, with an average Much of the increased U.S. production is attributable to fracking in the China is a net importer of oil, as the country consumed an average of