Oil and oil product consumption

Global oil consumption growth averaged 1.6 million b/d, above the 10-year average of 1 million b/d for the second successive year

Oil consumption

Global oil consumption growth averaged 1.6 million b/d, above the 10-year average of 1 million b/d for the second successive year as a result of stronger than usual growth in the OECD. However, China (+400,000 b/d) and India (+330,000 b/d) still provided the largest contributions to growth.

Oil remained the world’s leading fuel, accounting for almost a third (33.3%) of global energy consumption. Oil gained global market share for the second year in a row, following 15 years of declines from 1999 to 2014.

Oil consumption per capita 2016 (tonnes)

Oil consumption per capita 2016 (tonnes)

Oil product consumption

As with 2015, the strength in oil demand was most pronounced in consumer-led fuels, such as gasoline and jet fuel, buoyed by low prices. In contrast, diesel demand, which is more exposed to the weakness in industrial activity, including in the US and China, declined for the first time since 2009.

Methodology

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 are supplied in both volume and weight measures. An extended breakdown of oil consumption by product group e.g. gasoline, diesel/gasoil, jet/kerosene is available in the Excel workbook.

Regional consumption of oil products classified in thousand barrels per day as: light distillates, middle distillates, fuel oil and others.

Light distillates

Light distillates consist of aviation and motor gasolines and light distillate feedstock (LDF).

Middle distillates

Middle distillates consist of jet, heating kerosenes, gas and diesel oils (including marine bunkers).

Fuel oil

Fuel oil includes marine bunkers and crude oil used directly as fuel.

Others

Others consist of refinery gas, liquefied petroleum gas (LPG), solvents, petroleum coke, lubricants, bitumen, wax, other refined products and refinery fuel and loss.

Related content