Oil consumption worldwide reached approximately ************* barrels per day in 2024. This was an increase of around ****percent in comparison to the previous year. Apart from the years of the financial crisis and the 2020 coronavirus pandemic, oil consumption consecutively increased in every year since 1998. Oil demand by region As a region, Asia-Pacific has the highest demand for oil in the world, followed closely by the Americas. The United States alone contributes strongly to this high regional demand in the Americas, as it is the country with the largest petroleum consumption in the world. Oil is mainly used as a raw material for motor fuels or as a feedstock in the chemicals industry for products ranging from adhesives to plastics. It has historically also been used as a source for electricity and heat generation, although to a lesser extent than other fossil fuels such as coal and natural gas. Where is oil produced? Though the U.S. holds only around **** percent of proved oil reserves, it currently accounts for the greatest share of global crude oil production, surpassing countries with far larger oil reserves such as Saudi Arabia. With the expansion of the shale oil industry through new methods of extraction like hydraulic fracturing and horizontal drilling, the United States has become less dependent on oil imports as domestic production has drastically increased.

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 United States Oil Consumption

• United States Oil Consumption was reported at 18,983.557 Barrel/Day th in Dec 2023
• This records an increase from the previous number of 18,862.210 Barrel/Day th for Dec 2022
• US Oil Consumption data is updated yearly, averaging 17,634.400 Barrel/Day th from Dec 1965 to 2023, with 59 observations
• The data reached an all-time high of 20,531.482 Barrel/Day th in 2005 and a record low of 11,512.436 Barrel/Day th in 1965
• US 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 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.

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

Key information about Japan Oil Consumption

• Japan Oil Consumption was reported at 3,237.857 Barrel/Day th in Dec 2024
• This records a decrease from the previous number of 3,421.538 Barrel/Day th for Dec 2023
• Japan Oil Consumption data is updated yearly, averaging 5,703.932 Barrel/Day th from Dec 1965 to 2024, with 60 observations
• The data reached an all-time high of 5,805.695 Barrel/Day th in 1996 and a record low of 1,727.491 Barrel/Day th in 1965
• Japan 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 China Oil Consumption

• China Oil Consumption was reported at 16,373.508 Barrel/Day th in Dec 2024
• This records a decrease from the previous number of 16,578.655 Barrel/Day th for Dec 2023
• China Oil Consumption data is updated yearly, averaging 2,965.072 Barrel/Day th from Dec 1965 to 2024, with 60 observations
• The data reached an all-time high of 16,578.655 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

Worldwide consumption for liquid fuels reached 104.34 million barrels per day in July 2025. Figures are expected to increase over the course of the year. In 2025, global crude oil demand was forecast to average some 105.5 million barrels per day. Regional differences For the last few years, liquid fuel consumption has stayed relatively constant across regions. Despite seasonal and economic variances affecting demand patterns, fluctuations have been slight. In Europe, liquid fuel consumption tended to stay below 14 million barrels per day. U.S. still greatest petroleum consumer The United States remains the largest consumer of petroleum. The fossil fuel serves a great array of functions, from being a feedstock in the petrochemical industry to its use as a raw material for transportation fuels. Population numbers, economic size, industry presence, and wealth of its residents all contribute to a country’s need for this commodity. In the U.S., petroleum consumption amounts to around 800 million metric tons.

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.

Key information about Brazil Oil Consumption

• Brazil Oil Consumption was reported at 2,575.230 Barrel/Day th in Dec 2024
• This records a decrease from the previous number of 2,577.272 Barrel/Day th for Dec 2023
• Brazil Oil Consumption data is updated yearly, averaging 1,451.542 Barrel/Day th from Dec 1965 to 2024, with 60 observations
• The data reached an all-time high of 2,770.076 Barrel/Day th in 2014 and a record low of 305.674 Barrel/Day th in 1965
• Brazil 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 average for 2022 based on 190 countries was 145.53 thousand barrels per day. The highest value was in the USA: 4025.57 thousand barrels per day and the lowest value was in Montserrat: 0.09 thousand barrels per day. The indicator is available from 1980 to 2023. Below is a chart for all countries where data are available.

Key information about Iran Oil Consumption

• Iran Oil Consumption was reported at 1,953.251 Barrel/Day th in Dec 2024
• This records an increase from the previous number of 1,931.311 Barrel/Day th for Dec 2023
• Iran Oil Consumption data is updated yearly, averaging 1,230.571 Barrel/Day th from Dec 1965 to 2024, with 60 observations
• The data reached an all-time high of 1,953.251 Barrel/Day th in 2024 and a record low of 139.289 Barrel/Day th in 1965
• Iran 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 2,051.450 Barrel/Day th in Dec 2024
• This records an increase from the previous number of 2,033.861 Barrel/Day th for Dec 2023
• Germany Oil Consumption data is updated yearly, averaging 0.000 Barrel/Day th from Dec 1965 to 2024, with 60 observations
• The data reached an all-time high of 0.522 Barrel/Day th in 1989 and a record low of 0.000 Barrel/Day th in 2004
• 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

Daily oil demand declined across all major oil consuming regions in February 2020 and fell to a low in April 2020, the following months are expected to see a slow recovery. In June 2020, oil demand is expected to amount to 20 million barrels per day in North America.

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 United Kingdom Oil Consumption

• United Kingdom Oil Consumption was reported at 1,325.100 Barrel/Day th in Dec 2024
• This records an increase from the previous number of 1,315.456 Barrel/Day th for Dec 2023
• UK Oil Consumption data is updated yearly, averaging 1,782.567 Barrel/Day th from Dec 1965 to 2024, with 60 observations
• The data reached an all-time high of 2,228.136 Barrel/Day th in 1973 and a record low of 1,199.980 Barrel/Day th in 2020
• UK 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

Indonesia: Oil consumption, thousand barrels per day: The latest value from 2014 is 1688 thousand barrels per day, an increase from 1664 thousand barrels per day in 2013. In comparison, the world average is 444.70 thousand barrels per day, based on data from 210 countries. Historically, the average for Indonesia from 1980 to 2014 is 951.74 thousand barrels per day. The minimum value, 408 thousand barrels per day, was reached in 1980 while the maximum of 1698 thousand barrels per day was recorded in 2012.

This dataset contains information about world's oil consumption for 1965-2020. Data from BP. Follow datasource.kapsarc.org for timely data to advance energy economics research.Notes:* Inland demand plus international aviation and marine bunkers and refinery fuel and loss. Consumption of biogasoline (such as ethanol), biodiesel and derivatives of coal and natural gas are also included.w Less than 0.05%.n/a not available.# Excludes Estonia, Latvia and Lithuania prior to 1985 and Slovenia prior to 1990.Notes: Differences between these world consumption figures and world production statistics are accounted for by stock changes, consumption of non-petroleum additivesand substitute fuels, and unavoidable disparities in the definition, measurement or conversion of oil supply and demand data.Annual changes and shares of total are calculated using thousand barrels daily figures.

Mali: Oil consumption, thousand barrels per day: The latest value from 2014 is 7.5 thousand barrels per day, unchanged from 7.5 thousand barrels per day in 2013. In comparison, the world average is 444.70 thousand barrels per day, based on data from 210 countries. Historically, the average for Mali from 1980 to 2014 is 3.93 thousand barrels per day. The minimum value, 1.6 thousand barrels per day, was reached in 1988 while the maximum of 7.5 thousand barrels per day was recorded in 2013.

Ireland: Oil consumption, thousand barrels per day: The latest value from 2014 is 139 thousand barrels per day, unchanged from 139 thousand barrels per day in 2013. In comparison, the world average is 444.70 thousand barrels per day, based on data from 210 countries. Historically, the average for Ireland from 1980 to 2014 is 133.51 thousand barrels per day. The minimum value, 80 thousand barrels per day, was reached in 1988 while the maximum of 202 thousand barrels per day was recorded in 2006.