Daily global crude oil demand 2006-2020

Global demand for crude oil (including biofuels) in 2018 amounted to 99.3 million barrels per day and is projected to increase to 101.6 million barrels per day in 2020. When compared to the daily oil demand of 86.4 million barrels in 2010, the increasing demand trajectory is clear.

Who is the most demanding?

  The outlook for long-term demand estimates that the total global demand for oil will amount to nearly 140 million barrels per day in the year 2040. Of that amount, developing countries are expected to account for a demand of nearly 67 million barrels per day, and OECD nations will account for a total of 38.7 million barrels daily. The Organization of Petroleum Exporting Countries (OPEC), which currently has 14 member countries, is projected to demand some 12.3 million barrels of oil per day in 2040.

What is the most demanding?

  Oil is an important and versatile substance, used in different ways and in different forms for many applications. As of 2017, the ‘road’ sector accounted for more than 50 percent of the global demand for oil. Petrochemicals were the second largest oil demanding sector that year, although this sector accounted for considerably less than the road sector, at 14.4 percent. Aviation was ranked fourth at 7.8 percent.

Daily demand for crude oil worldwide from 2006 to 2020 (in million barrels)*

Demand in million barrels per day
Exclusive Premium statistic

You need a Premium Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Premium Account

only $59 / month *
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in

Release date

September 2019



Survey time period

as of September 2019

Supplementary notes

* This statistic was assembled from several editions of the report. All figures are annual averages and include biofuels.
** Projected.

Open this statistic in...
Statista Accounts: Access All Statistics. Starting from $708 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$59 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.

Statistics on "Oil industry in Latin America"

Statista Accounts: Access All Statistics. Starting from $708 / Year
Learn more about how Statista can support your business.