Daily oil consumption in the United Kingdom (UK) 2004-2019

Consumption of oil in the United Kingdom has seen an overall decline during this period, falling to 1.55 billion barrels per day by 2019. Most oil consumption in the UK is used for transport, especially road transport. However, demand is expected to decline in the following decades. In comparison, the consumption by the aviation sector is set to increase.

Imports higher than production

Since 2010, the UK’s crude oil production has mostly been in decline, despite recording increases in 2015 and 2016. Production fell in 2019 to 51.8 million metric tons. This was the equivalent of 1.1 million barrels per day. In comparison, imports have remained higher than production, only dropping lower in 2016. Projections for production show a gradual decrease to an estimated 25 million Mtoe by 2035. Demand is set to remain steady at approximately 73 million Mtoe.

Oil reserves in decline

  Along with Norway, the UK sectors of the North Sea hold most of the large oil reserves. However, these have been in decline for decades. Between the end of 1995 and the end of 2019, proved reserves fell from 4.5 billion barrels to 2.7 billion barrels.

Oil consumption in the United Kingdom (UK) from 2004 to 2019

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Source

Release date

June 2020

Region

United Kingdom

Survey time period

2004 to 2019

Age group

Supplementary notes

The source adds the following information about consumption: "inland demand plus international aviation and marine bunkers and refinery fuel and loss. Consumption of biogasoline (such as ethanol), biodiesel and derivatives of coal and natural gas are also included."
Data not in PDF was taken from the BP Statistical Review all data workbook.

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Statistics on "Oil industry in the UK"

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