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)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
OPEC. (December 14, 2023). Medium-term oil demand worldwide in 2022, with a forecast until 2028, by key region (in million barrels per day) [Graph]. In Statista. Retrieved October 15, 2024, from https://www.statista.com/statistics/282767/oil-demand-outlook-worldwide/
OPEC. "Medium-term oil demand worldwide in 2022, with a forecast until 2028, by key region (in million barrels per day)." Chart. December 14, 2023. Statista. Accessed October 15, 2024. https://www.statista.com/statistics/282767/oil-demand-outlook-worldwide/
OPEC. (2023). Medium-term oil demand worldwide in 2022, with a forecast until 2028, by key region (in million barrels per day). Statista. Statista Inc.. Accessed: October 15, 2024. https://www.statista.com/statistics/282767/oil-demand-outlook-worldwide/
OPEC. "Medium-term Oil Demand Worldwide in 2022, with a Forecast until 2028, by Key Region (in Million Barrels per Day)." Statista, Statista Inc., 14 Dec 2023, https://www.statista.com/statistics/282767/oil-demand-outlook-worldwide/
OPEC, Medium-term oil demand worldwide in 2022, with a forecast until 2028, by key region (in million barrels per day) Statista, https://www.statista.com/statistics/282767/oil-demand-outlook-worldwide/ (last visited October 15, 2024)
Medium-term oil demand worldwide in 2022, with a forecast until 2028, by key region (in million barrels per day) [Graph], OPEC, December 14, 2023. [Online]. Available: https://www.statista.com/statistics/282767/oil-demand-outlook-worldwide/