The United States and China are the top largest consumers of oil in the world, totaling 19 million and 16.6 million barrels per day, respectively. In the last decade, the share of global oil consumption from Europe and North America have begun to decline, whereas consumption levels from Asia Pacific and other regions have risen. As other sources of energy become more cost effective and due to the prominence of new transportation technologies, oil consumption worldwide is expected to reach a peak in the near future.
Refining oil
Crude oil is refined into petroleum products, such as gasoline and diesel fuel, and used for a wide variety of products, although many refineries focus on transportation fuels. Generally, crude oil feedstocks are processed by an oil production plant and is an essential part of the downstream petroleum industry.
Leading oil-consuming countries worldwide in 2023
(in 1,000 barrels per day)
This report was previously published by BP.
Figures refer to inland demand as well as international aviation and marine bunkers and refinery fuel and loss. Biogasoline and biodiesel consumption are excluded.
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Energy Institute. (June 20, 2024). Leading oil-consuming countries worldwide in 2023 (in 1,000 barrels per day) [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/271622/countries-with-the-highest-oil-consumption-in-2012/
Energy Institute. "Leading oil-consuming countries worldwide in 2023 (in 1,000 barrels per day)." Chart. June 20, 2024. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/271622/countries-with-the-highest-oil-consumption-in-2012/
Energy Institute. (2024). Leading oil-consuming countries worldwide in 2023 (in 1,000 barrels per day). Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/271622/countries-with-the-highest-oil-consumption-in-2012/
Energy Institute. "Leading Oil-consuming Countries Worldwide in 2023 (in 1,000 Barrels per Day)." Statista, Statista Inc., 20 Jun 2024, https://www.statista.com/statistics/271622/countries-with-the-highest-oil-consumption-in-2012/
Energy Institute, Leading oil-consuming countries worldwide in 2023 (in 1,000 barrels per day) Statista, https://www.statista.com/statistics/271622/countries-with-the-highest-oil-consumption-in-2012/ (last visited November 26, 2024)
Leading oil-consuming countries worldwide in 2023 (in 1,000 barrels per day) [Graph], Energy Institute, June 20, 2024. [Online]. Available: https://www.statista.com/statistics/271622/countries-with-the-highest-oil-consumption-in-2012/
