The global demand for crude oil (including biofuels) in 2024 amounted to 103.75 million barrels per day. The source expects economic activity and related oil demand to pick up by the end of the year, with forecast suggesting it could increase to more than 105 million barrels per day. Motor fuels make up majority of oil demand Oil is an important and versatile substance, used in different ways and in different forms for many applications. The road sector is the largest oil consuming sector worldwide. It accounts for nearly one half of the global demand for oil, largely due to reliance on motor spirits made from petroleum. The OPEC projects global oil product demand to reach 120 million barrels per day by 2050, with transportation fuels such as gasoline and diesel expected to remain the most consumed products. Diesel and gasoil demand is forecast to amount to 32.5 million barrels per day in 2050, up from 29 million barrels in 2023. Gasoline demand is forecast at 27 million barrels by 2050. Differences in forecast oil demand widen between major energy institutions Despite oil producing bodies such as the OPEC seeing continued importance for crude oil in the future, other forecast centers have been more moderate in their demand outlooks. For example, between the EIA, IEA, and OPEC, the latter was the only one to expect significant growth for oil demand until 2030.

OECD Americas is the region with the greatest oil demand, followed by China. In 2023, daily oil demand in the OECD Americas amounted to 25 million barrels. This figure is set to decrease to 21.5 million barrels by 2050, although it would remain the largest oil consuming region. India is forecast to see the greatest growth in daily oil demand, with figures expected to double by 2050.

This statistic shows the daily oil consumption worldwide from 1980 to 2008, with forecasted figures for 2015 and 2030. In 2008, global oil consumption amounted to ** million barrels a day. It is forecasted that the global consumption of oil will amount to some *** million barrels per day in 2030.

Key information about China Oil Consumption

• China Oil Consumption was reported at 16,576.537 Barrel/Day th in Dec 2023
• This records an increase from the previous number of 14,969.983 Barrel/Day th for Dec 2022
• China Oil Consumption data is updated yearly, averaging 2,965.072 Barrel/Day th from Dec 1965 to 2023, with 59 observations
• The data reached an all-time high of 16,576.537 Barrel/Day th in 2023 and a record low of 215.494 Barrel/Day th in 1965
• China Oil Consumption data remains active status in CEIC and is reported by BP PLC
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.OIL: Oil: Consumption

Asia Pacific is the greatest consumer of oil and oil products in the world. In 2024, the region accounted for around ** percent of total oil demand worldwide. This was up from **** percent in 2010 and largely buoyed by greater Chinese oil consumption. Oil consumption in North America, as well as in Europe, experienced a decline in the same time period.

Key information about Russia Oil Consumption

• Russia Oil Consumption was reported at 3,634.960 Barrel/Day th in Dec 2023
• This records an increase from the previous number of 3,614.618 Barrel/Day th for Dec 2022
• Russia Oil Consumption data is updated yearly, averaging 3,276.729 Barrel/Day th from Dec 1985 to 2023, with 39 observations
• The data reached an all-time high of 5,111.449 Barrel/Day th in 1989 and a record low of 2,489.814 Barrel/Day th in 1998
• Russia Oil Consumption data remains active status in CEIC and is reported by BP PLC
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.OIL: Oil: Consumption

Key information about Germany Oil Consumption

• Germany Oil Consumption was reported at 1,954.716 Barrel/Day th in Dec 2023
• This records a decrease from the previous number of 2,072.366 Barrel/Day th for Dec 2022
• Germany Oil Consumption data is updated yearly, averaging 2,632.047 Barrel/Day th from Dec 1965 to 2023, with 59 observations
• The data reached an all-time high of 3,336.601 Barrel/Day th in 1979 and a record low of 1,708.632 Barrel/Day th in 1965
• Germany Oil Consumption data remains active status in CEIC and is reported by BP PLC
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.OIL: Oil: Consumption

Key information about France Oil Consumption

• France Oil Consumption was reported at 1,347.801 Barrel/Day th in Dec 2023
• This records a decrease from the previous number of 1,360.348 Barrel/Day th for Dec 2022
• France Oil Consumption data is updated yearly, averaging 1,863.937 Barrel/Day th from Dec 1965 to 2023, with 59 observations
• The data reached an all-time high of 2,499.079 Barrel/Day th in 1973 and a record low of 1,065.497 Barrel/Day th in 1965
• France Oil Consumption data remains active status in CEIC and is reported by BP PLC
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.OIL: Oil: Consumption

View yearly updates and historical trends for US Oil Consumption. from United States. Source: Energy Institute. Track economic data with YCharts analytics.

Key information about Mexico Oil Consumption

• Mexico Oil Consumption was reported at 1,961.618 Barrel/Day th in Dec 2023
• This records an increase from the previous number of 1,931.355 Barrel/Day th for Dec 2022
• Mexico Oil Consumption data is updated yearly, averaging 1,769.700 Barrel/Day th from Dec 1965 to 2023, with 59 observations
• The data reached an all-time high of 2,328.952 Barrel/Day th in 2008 and a record low of 315.871 Barrel/Day th in 1965
• Mexico Oil Consumption data remains active status in CEIC and is reported by BP PLC
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.OIL: Oil: Consumption

Key information about Italy Oil Consumption

• Italy Oil Consumption was reported at 1,221.035 Barrel/Day th in Dec 2023
• This records a decrease from the previous number of 1,236.406 Barrel/Day th for Dec 2022
• Italy Oil Consumption data is updated yearly, averaging 1,814.703 Barrel/Day th from Dec 1965 to 2023, with 59 observations
• The data reached an all-time high of 2,035.513 Barrel/Day th in 1979 and a record low of 978.986 Barrel/Day th in 1965
• Italy Oil Consumption data remains active status in CEIC and is reported by BP PLC
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.OIL: Oil: Consumption

Key information about India Oil Consumption

• India Oil Consumption was reported at 5,446.103 Barrel/Day th in Dec 2023
• This records an increase from the previous number of 5,208.699 Barrel/Day th for Dec 2022
• India Oil Consumption data is updated yearly, averaging 1,416.726 Barrel/Day th from Dec 1965 to 2023, with 59 observations
• The data reached an all-time high of 5,446.103 Barrel/Day th in 2023 and a record low of 252.234 Barrel/Day th in 1965
• India Oil Consumption data remains active status in CEIC and is reported by BP PLC
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.OIL: Oil: Consumption

Key information about Iraq Oil Consumption

• Iraq Oil Consumption was reported at 772.000 Barrel/Day th in Dec 2022
• This records an increase from the previous number of 700.000 Barrel/Day th for Dec 2021
• Iraq Oil Consumption data is updated yearly, averaging 397.000 Barrel/Day th from Dec 1965 to 2022, with 58 observations
• The data reached an all-time high of 830.000 Barrel/Day th in 2017 and a record low of 30.000 Barrel/Day th in 1965
• Iraq Oil Consumption data remains active status in CEIC and is reported by BP PLC
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.OIL: Oil: Consumption

The United States and China are the top largest consumers of oil in the world, totaling ********** and ************ barrels per day, respectively. In the last decade, the share of global oil consumption from Europe and North America have begun to decline, whereas consumption levels from Asia Pacific and other regions have risen. As other sources of energy become more cost effective and due to the prominence of new transportation technologies, oil consumption worldwide is expected to reach a peak in the near future. Refining oil Crude oil is refined into petroleum products, such as gasoline and diesel fuel, and used for a wide variety of products, although many refineries focus on transportation fuels. Generally, crude oil feedstocks are processed by an oil production plant and is an essential part of the downstream petroleum industry.

Key information about Saudi Arabia Oil Consumption

• Saudi Arabia Oil Consumption was reported at 4,051.907 Barrel/Day th in Dec 2023
• This records an increase from the previous number of 3,854.152 Barrel/Day th for Dec 2022
• Saudi Arabia Oil Consumption data is updated yearly, averaging 1,354.266 Barrel/Day th from Dec 1965 to 2023, with 59 observations
• The data reached an all-time high of 4,099.724 Barrel/Day th in 2016 and a record low of 389.574 Barrel/Day th in 1965
• Saudi Arabia Oil Consumption data remains active status in CEIC and is reported by BP PLC
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.OIL: Oil: Consumption

This dataset provides values for CRUDE OIL CONSUMPTION reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Key information about Poland Oil Consumption

• Poland Oil Consumption was reported at 699.843 Barrel/Day th in Dec 2023
• This records an increase from the previous number of 698.348 Barrel/Day th for Dec 2022
• Poland Oil Consumption data is updated yearly, averaging 356.417 Barrel/Day th from Dec 1965 to 2023, with 59 observations
• The data reached an all-time high of 699.843 Barrel/Day th in 2023 and a record low of 108.745 Barrel/Day th in 1965
• Poland Oil Consumption data remains active status in CEIC and is reported by BP PLC
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.OIL: Oil: Consumption

Key information about Turkey Oil Consumption

• Turkey Oil Consumption was reported at 1,135.886 Barrel/Day th in Dec 2023
• This records an increase from the previous number of 1,071.568 Barrel/Day th for Dec 2022
• Turkey Oil Consumption data is updated yearly, averaging 561.899 Barrel/Day th from Dec 1965 to 2023, with 59 observations
• The data reached an all-time high of 1,135.886 Barrel/Day th in 2023 and a record low of 69.374 Barrel/Day th in 1965
• Turkey Oil Consumption data remains active status in CEIC and is reported by BP PLC
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.BP.OIL: Oil: Consumption

The dataset contains the country-wise consumption of Crude Oil. Inland demand plus international aviation and marine bunkers and refinery fuel and loss. Consumption of bio gasoline (such as ethanol) and biodiesel are excluded while derivatives of coal and natural gas are included. Total may not add up due to rounding off.

The average for 2014 based on 192 countries was 485.24 thousand barrels per day. The highest value was in the USA: 19106 thousand barrels per day and the lowest value was in Kiribati: 0.4 thousand barrels per day. The indicator is available from 1980 to 2014. Below is a chart for all countries where data are available.