Global medium-term oil demand outlook by key region 2022-2028

Published by Statista Research Department, May 22, 2024
By 2028, global oil demand is forecast to reach 110.2 million barrels per day. China is expected to account for 17.5 million barrels of daily oil demand while India is expected to account for 6.8 million barrels worth.

Medium-term oil demand worldwide in 2022, with a forecast until 2028, by key region (in million barrels per day)

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Release date

2023

Region

Worldwide

Survey time period

2022

Supplementary notes

* Also including China and India.

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