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Monthly global liquid fuels consumption by region 2019-2021

Published by N. Sönnichsen, Feb 10, 2021
China is the only country which had not seen its liquid fuels consumption affected by the 2020 oil crisis. China is forecast to have a daily petroleum product consumption of nearly 16 million barrels by the end of 2021. Meanwhile, the United States would have a consumption of 19.85 million barrels per day by December 2021, up from 14.69 million barrels in April 2020. That month, global liquid fuel consumption fell by roughly one fourth.

Monthly petroleum and other liquids consumption worldwide from 2019 to 2020, with a forecast for 2021, by select region and country (in million barrels per day)

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Source

Release date

January 2021

Region

Worldwide

Survey time period

2019 to 2020

Supplementary notes

* Forecast from January 2021 onwards.

For OECD countries, consumption is synonymous with petroleum product supply.

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