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Daily oil consumption in the United Kingdom (UK) 2004-2018

Oil consumption in the United Kingdom (UK) between 2004 to 2018 (in 1,000 barrels daily)

by Ian Tiseo, last edited Jun 21, 2019
Daily oil consumption in the United Kingdom (UK) 2004-2018 Consumption of oil in the United Kingdom has seen an overall decline during this period, falling to 1.62 billion barrels per day by 2018. 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 2017 to 43 million metric tons. This was the equivalent of one 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 2018, proved reserves fell from 4.5 billion barrels to 2.5 billion barrels.
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Oil consumption in the United Kingdom (UK) between 2004 to 2018 (in 1,000 barrels daily)

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Consumption in thousands of barrels daily
20181,618
20171,637
20161,623
20151,578
20141,536
20131,532
20121,546
20111,600
20101,652
20091,669
20081,738
20071,752
20061,813
20051,828
20041,760
Consumption in thousands of barrels daily
20181,618
20171,637
20161,623
20151,578
20141,536
20131,532
20121,546
20111,600
20101,652
20091,669
20081,738
20071,752
20061,813
20051,828
20041,760

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by Ian Tiseo, last edited Jun 21, 2019
Consumption of oil in the United Kingdom has seen an overall decline during this period, falling to 1.62 billion barrels per day by 2018. 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 2017 to 43 million metric tons. This was the equivalent of one 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 2018, proved reserves fell from 4.5 billion barrels to 2.5 billion barrels.
Show more

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