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OPEC oil demand 2016-2040

Projected OPEC oil demand from 2016 to 2040 (in million barrels per day)

OPEC oil demand 2016-2040

This statistic displays a projection of the OPEC crude oil demand from 2016 to 2040. For 2016, the crude oil demand in the OPEC member countries was estimated to be 9.1 million barrels per day. This figure is expected to increase up to 12.4 million barrels in 2040.

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This statistic displays a projection of the OPEC crude oil demand from 2016 to 2040. For 2016, the crude oil demand in the OPEC member countries was estimated to be 9.1 million barrels per day. This figure is expected to increase up to 12.4 million barrels in 2040.

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Release date: November 2017

Region: Worldwide
Survey time period: 2016

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Other interesting statistics

OPEC oil price annually 1960-2018

OPEC oil price annually 1960-2018

OPEC oil price annually 1960-2018

Monthly average crude oil prices of the OPEC basket 2017-2018

Monthly average crude oil prices of the OPEC basket 2017-2018

Monthly average crude oil prices of the OPEC basket 2017-2018

OPEC's net oil export revenue 2005-2018

OPEC's net oil export revenue 2005-2018

OPEC's net oil export revenue 2005-2018

OPEC - share of total global crude oil production 2009-2017

OPEC - share of total global crude oil production 2009-2017

OPEC - share of total global crude oil production 2009-2017

Daily oil production output of OPEC countries 2012-2017

Daily oil production output of OPEC countries 2012-2017

Daily oil production output of OPEC countries 2012-2017

OPEC net oil export revenue streams by country 2016

OPEC net oil export revenue streams by country 2016

OPEC net oil export revenue streams by country 2016

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Statistics on "OPEC"

Reserves

The most important statistics

Crude oil reserves in OPEC countries from 2012 to 2017 (in billion barrels)*OPEC countries - oil reserves 2012-2017
OPEC's share of global crude oil reserves from 2009 to 2017*OPEC - share of global crude oil reserves 2009-2017
Natural gas reserves in OPEC countries from 2012 to 2017 (in billion cubic meters)*Natural gas reserves - OPEC countries 2012-2017
OPEC's share of global natural gas reserves from 2009 to 2017*OPEC - share of global natural gas reserves 2009-2017

Production and refinery

The most important statistics

Total OPEC crude oil production from 1998 to 2017 (in 1,000 barrels per day)OPEC countries - oil production in barrels daily 1998-2017
OPEC's share of total global crude oil production from 2009 to 2017*OPEC - share of total global crude oil production 2009-2017
Daily production of crude oil in OPEC countries from 2012 to 2017 (in 1,000 barrels)Daily oil production output of OPEC countries 2012-2017
OPEC's share of total global natural gas production from 2009 to 2017*OPEC - share of total global natural gas production 2009-2017
Natural gas production of OPEC countries from 2012 to 2017 (in million cubic meters)Natural gas production - OPEC countries 2012-2017
Total OPEC refinery capacity from 2010 to 2017 (in 1,000 barrels per day)*Total OPEC refinery capacity 2010-2017
Refinery capacities of OPEC countries from 2012 to 2017 (in 1,000 barrels per day)*Refinery capacities of OPEC countries 2012-2017

Oil export

The most important statistics

OPEC (ex. Iran) net oil export revenue from 2005 to 2018 (in billion U.S. dollars)*OPEC's net oil export revenue 2005-2018
OPEC* net oil export revenue streams in 2016, by member country (in billion U.S. dollars)OPEC net oil export revenue streams by country 2016
Global crude oil exports of OPEC countries from 2012 to 2017 (in 1,000 barrels per day)Global crude oil exports by OPEC countries 2012-2017
Global oil exports of OPEC regions in 2017 (in 1,000 barrels per day)Oil exports - OPEC regions 2017
OPEC oil exports from 2012 to 2017, by region of destination (in 1,000 barrels per day)*OPEC oil exports - regions of destination 2012-2017

The U.S. and OPEC

The most important statistics

U.S. petroleum imports from OPEC countries between 2000 and 2017 (in 1,000 barrels per day)*U.S. petroleum imports from OPEC countries 2000-2017
U.S. petroleum imports from OPEC countries as a percentage of total imports from 2000 to 2017*U.S. petroleum imports from OPEC countries as share of total imports 2000-2017
U.S. petroleum net imports from OPEC countries as share of consumption* from 2000 to 2015Petroleum net imports from OPEC countries: share of consumption 2000-2015

Transportation

The most important statistics

Total OPEC tanker fleet deadweight tonnage from 2009 to 2016 (in 1,000 dwt)*Total OPEC tanker fleet deadweight tonnage 2009-2016
Tanker fleets of OPEC countries from 2012 to 2016 (in 1,000 dwt)*Tanker fleets of OPEC countries 2012-2016
Number of tanker ships in OPEC countries from 2012 to 2016*Number of tanker ships - OPEC countries 2012-2016
OPEC's share of the total global tanker fleet deadweight tonnage from 2009 to 2016*OPEC share of total global tanker fleet deadweight tonnage 2009-2016

Oil prices

The most important statistics

Prices of OPEC Reference Basket oils from 2002 to 2017 (in U.S. dollars per barrel)Prices of OPEC Reference Basket oils 2002-2017
Average annual OPEC crude oil price from 1960 to 2018 (in U.S. dollars per barrel)OPEC oil price annually 1960-2018
Average monthly OPEC basket crude oil price from June 2017 to June 2018 (in U.S. dollars per barrel)Monthly average crude oil prices of the OPEC basket 2017-2018
Projected OPEC reference basket oil price in 2016 and 2040 (in U.S. dollars per barrel)OPEC reference basket - oil price 2016-2040

Outlook

The most important statistics

Projected total OPEC liquids supply from 2016 to 2040 (in million barrels per day)Total OPEC liquids supply 2016-2040
Projected OPEC liquids supply from 2016 to 2040, by type (in million barrels per day)OPEC liquids supply by type 2016-2040
Projected OPEC oil demand from 2016 to 2040 (in million barrels per day)OPEC oil demand 2016-2040

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