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Countries with the highest oil consumption 2015-2018
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Countries with the highest oil consumption 2015-2018
Countries with the highest oil consumption from 2015 to 2018 (in 1,000 barrels per day)
by T. Wang,
last edited
Aug 9, 2019
The United States and China are two of the largest consumers of oil in the world, totaling 20.45 million barrels per day and 13.5 million barrels per day, respectively. In the last few decades, 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 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. In the United States, Texas is by far the largest producer of crude oil in the country, boosted by effective drilling technologies in the region’s reserves.
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by T. Wang,
last edited
Aug 9, 2019
The United States and China are two of the largest consumers of oil in the world, totaling 20.45 million barrels per day and 13.5 million barrels per day, respectively. In the last few decades, 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 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. In the United States, Texas is by far the largest producer of crude oil in the country, boosted by effective drilling technologies in the region’s reserves.
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- Release date
- June 2019
- Region
- Worldwide
- Survey time period
- 2015 to 2018
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Source
- Show sources information
- Show publisher information
- Release date
- June 2019
More information
- Region
- Worldwide
- Survey time period
- 2015 to 2018
- Open this statistic in...
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Statistics on "Global oil industry and market"
- Reserves and production
The most important statistics
- Volume of global oil reserves from 1990 to 2018 (in billion barrels)Crude oil global reserves 1990-2018
- Distribution of proved oil reserves worldwide from 1992 to 2018, by regionOil - distribution of proved reserves worldwide 2018
- Distribution of global oil reserves in 2018, by countryGlobal oil reserves - share of leading countries 2018
- Global oil production from 1998 to 2018 (in million metric tons)World oil production - in million metric tons 1998-2018
- Distribution of oil production worldwide from 2009 to 2018, by region*Distribution of global oil production 2009-2018
- Share of global crude oil production among the leading oil-producing countries in 2018Crude oil production share of leading oil-producing countries 2018
- Oil production in the leading oil-producing countries worldwide in 2018 (in 1,000 barrels per day)*Oil production in barrels per day - top fifteen countries 2018
- OPEC's share of total global crude oil production from 2009 to 2018*OPEC - share of total global crude oil production 2009-2018
- Leading companies
The most important statistics
- 2019 ranking of the leading global oil and gas companies based on revenue (in billion U.S. dollars)2019 global list of the top oil and gas companies based on revenue
- Leading oil and gas companies worldwide based on market capitalization as of 2019 (in billion U.S. dollars)Leading oil and gas companies based on market cap 2019
- 2019 ranking of leading global oil equipment and oil services providers based on revenue (in billion U.S. dollars)Global 2019 ranking of oil equipment and oil services providers based on revenue
- 2019 ranking of leading global oil equipment and oil services providers based on market capitalization (in billion U.S. dollars)Global 2019 ranking of oil equipment and oil services providers based on market cap
- Revenue of land drilling companies within the global energy equipment and services sector from 2015 to 2020 (in million U.S. dollars)Revenue of top land drilling energy services and equipment companies 2015-2020
- Sinopec's operating revenue from 2009 to 2018 (in billion yuan)Sinopec's operating revenue 2018
- Royal Dutch Shell's revenue from 2005 to 2018 (in billion U.S. dollars)Royal Dutch Shell's revenue 2005-2018
- PetroChina's revenue from 2008 to 2018 (in million euros)*Revenue of PetroChina 2008-2018
- Refinery
The most important statistics
- Global refinery capacity for crude oil from 1970 to 2018 (in 1,000 barrels per day)Crude oil - global refinery capacity 1970-2018
- Countries with the largest oil refinery capacity worldwide from 2010 to 2018 (in 1,000 barrels per day)*Oil refinery capacity worldwide by leading country 2010-2018
- Oil refinery capacity in the United States from 1970 to 2018 (in 1,000 barrels per day)U.S. oil refinery capacity 1970-2018
- China's oil refinery capacity from 1970 to 2018 (in 1,000 barrels per day)Petroleum refinery capacity of China 2018
- Trade
The most important statistics
- Global oil demand in 2018 and 2019, by region (in million barrels daily)*Global oil demand by region 2018-2019
- Oil exports worldwide in 2018 by region (in 1,000 barrels per day)*Oil exporters worldwide by region in 2018
- Ranking of global oil importers in 2018 (in 1,000 barrels per day)*Ranking of oil importers worldwide 2018
- Gross imports of crude oil into the U.S. from 2015 to 2050 (in million barrels per day)*U.S. gross crude oil imports 2015-2050
- Transport volume of crude oil in global seaborne trade from 2010 to 2017 (in million metric tons)Transport volume of crude oil in seaborne trade 2010-2017
- Prices
The most important statistics
- Average annual Brent crude oil price from 1976 to 2019 (in U.S. dollars per barrel)Brent crude oil price annually 1976-2019
- Average annual West Texas Intermediate (WTI) crude oil price from 1976 to 2019 (in U.S. dollars per barrel)West Texas Intermediate annual average oil price 1976-2019
- Average annual OPEC crude oil price from 1960 to 2019 (in U.S. dollars per barrel)OPEC oil price annually 1960-2019
- Prices of OPEC Reference Basket oils from 2002 to 2018 (in U.S. dollars per barrel)Prices of OPEC Reference Basket oils 2002-2018
- Spot price of Dubai Fateh crude oil from 1973 to 2018 (in U.S. dollars per barrel)*Oil price of Dubai Fateh 1973-2018
- Returns on crude oil investments from 2008 to 2018Rate of return on crude oil investments worldwide 2018
- Consumption
The most important statistics
- Global oil consumption from 1970 to 2018 (in million metric tons)Oil - global consumption in million metric tons 1970-2018
- Global distribution of oil consumption between 2016 to 2018, by regionDistribution of oil consumption worldwide by region 2016-2018
- Distribution of oil demand in the OECD in 2017 by sector*Leading oil demanding sectors in the OECD 2017
- Share of the leading countries in global oil consumption in 2016 to 2018World oil consumption - consumer countries 2016-2018
- Countries with the highest oil consumption from 2015 to 2018 (in 1,000 barrels per day)Countries with the highest oil consumption 2015-2018
- Oil consumption in China from 2005 to 2018 (in million metric tons)China - oil consumption 2005-2018
- Outlook
The most important statistics
- Distribution of global oil demand from 2017 to 2050, by sectorOil demand shares by sector 2017-2050
- Global demand outlook for selected oil products worldwide from 2017 to 2040 (in million barrels per day)Oil products demand outlook worldwide 2017-2040
- Oil refinery capacity worldwide by region from 2017 to 2040 (in million barrels per day)*Global oil refinery capacity by region 2017-2040
- Projected OPEC reference basket oil price in 2016 and 2040 (in U.S. dollars per barrel)OPEC reference basket - oil price 2016-2040
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Further Content: Statistics, Studies, and Topic Pages
Statistics
- Share of crude oil in total energy consumption in China 2007-2017
- Oil - consumption in the Netherlands 1990-2018
- Oil consumption in Saudi Arabia 1990-2018
- Oil - consumption in Spain 1990-2017
- Consumption of oil in Russia 1995-2018
- Oil - consumption in Italy 1990-2018
- Oil consumption in France 1990-2018
- Oil consumption in Canada 1990-2018
- Germany's oil consumption 1990-2018
- U.S. oil consumption in barrels per day 1998-2018
- Oil consumption in France 2006-2016
- Central & South America: oil consumption 2018, by product group
- Central and South America: oil consumption 2004-2018
- Macadamia consumption per capita in Singapore 2012-2017
- Bulgaria: turnover of the crude oil & natural gas extraction industry 2008-2016
- Value of crude oil exported from Egypt to Germany 2010-2017
- France: Extraction of crude petroleum & natural gas employment figures 2008-2013
- Changes in the U.S. production of crude oil and natural gas liquids 2011-2013
Studies
- Crude oil industry of the Gulf Cooperation Council
- Oil production and consumption in the United Kingdom (UK)
- 2019 Crude Oil Forecast, Markets & Transportation
- Russian oil industry
- 2018 Crude Oil Forecast, Markets & Transportation
- Global oil industry and market
- United States oil industry
- Crude Oil: Forecast, Markets & Transportation 2015
- Gasoline market in the United States
- 2017 Crude Oil Forecast, Markets & Transportation
- 2016 Crude Oil Forecast, Markets & Transportation
- The United Kingdom Continental Shelf (UKCS)
- Murphy Oil Corporation - 2018 Form 10-K
- Heavy Barrel Competition in the US Gulf Coast: Can Canadian Barrels Compete?
- Prumo Logística S.A. Annual Report 2017
Statistics on "Global oil industry and market"
- Crude oil global reserves 1990-2018
- Oil - distribution of proved reserves worldwide 2018
- Global oil reserves - share of leading countries 2018
- World oil production - in million metric tons 1998-2018
- Distribution of global oil production 2009-2018
- Crude oil production share of leading oil-producing countries 2018
- Oil production in barrels per day - top fifteen countries 2018
- OPEC - share of total global crude oil production 2009-2018
- Number of offshore rigs worldwide 2018 by region
- 2019 global list of the top oil and gas companies based on revenue
- Leading oil and gas companies based on market cap 2019
- Global 2019 ranking of oil equipment and oil services providers based on revenue
- Global 2019 ranking of oil equipment and oil services providers based on market cap
- Revenue of top land drilling energy services and equipment companies 2015-2020
- Sinopec's operating revenue 2018
- Royal Dutch Shell's revenue 2005-2018
- Revenue of PetroChina 2008-2018
- BP's revenue 2003-2018
- ExxonMobil's revenue 2001-2018
- Schlumberger Limited's revenue 2007-2018
- Brand value of global oil and gas companies by country 2019
- Crude oil - global refinery capacity 1970-2018
- Oil refinery capacity worldwide by leading country 2010-2018
- U.S. oil refinery capacity 1970-2018
- Petroleum refinery capacity of China 2018
- Global oil demand by region 2018-2019
- Oil exporters worldwide by region in 2018
- Ranking of oil importers worldwide 2018
- U.S. gross crude oil imports 2015-2050
- Transport volume of crude oil in seaborne trade 2010-2017
- Brent crude oil price annually 1976-2019
- West Texas Intermediate annual average oil price 1976-2019
- OPEC oil price annually 1960-2019
- Prices of OPEC Reference Basket oils 2002-2018
- Oil price of Dubai Fateh 1973-2018
- Rate of return on crude oil investments worldwide 2018
- Oil - global consumption in million metric tons 1970-2018
- Distribution of oil consumption worldwide by region 2016-2018
- Leading oil demanding sectors in the OECD 2017
- World oil consumption - consumer countries 2016-2018
- Countries with the highest oil consumption 2015-2018
- China - oil consumption 2005-2018
- Oil demand shares by sector 2017-2050
- Oil products demand outlook worldwide 2017-2040
- Global oil refinery capacity by region 2017-2040
- OPEC reference basket - oil price 2016-2040
- Share of crude oil in total energy consumption in China 2007-2017
- Oil - consumption in the Netherlands 1990-2018
- Oil consumption in Saudi Arabia 1990-2018
- Oil - consumption in Spain 1990-2017
- Consumption of oil in Russia 1995-2018
- Oil - consumption in Italy 1990-2018
- Oil consumption in France 1990-2018
- Oil consumption in Canada 1990-2018
- Germany's oil consumption 1990-2018
- U.S. oil consumption in barrels per day 1998-2018
- Oil consumption in France 2006-2016
- Central & South America: oil consumption 2018, by product group
- Central and South America: oil consumption 2004-2018
- Macadamia consumption per capita in Singapore 2012-2017
- Bulgaria: turnover of the crude oil & natural gas extraction industry 2008-2016
- Value of crude oil exported from Egypt to Germany 2010-2017
- France: Extraction of crude petroleum & natural gas employment figures 2008-2013
- Changes in the U.S. production of crude oil and natural gas liquids 2011-2013
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