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Daily oil consumption by region from 1980 to 2006. This is a list of countries by oil consumption. [1] [2] In 2022, the International Energy Agency (IEA) announced that the total worldwide oil consumption would rise by 2% [3] year over year compared to 2021 despite the COVID-19 pandemic.
By 1993, internal demand for oil exceeded domestic production, and China became a net oil importer. [10] China became dependent on imported oil for the first time in its history in 1993 due to demand rising faster than domestic production. [4] In 2006, it imported 145 million tons of crude oil, accounting for 47% of its total oil consumption.
Top 5 oil-producing countries 1980–2022 World oil production. This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.
The oil market could see a surplus of one million barrels of crude a day in 2025, the IEA forecast. The excess will be driven by low demand in China and booming output from non-OPEC countries.
List of countries by oil consumption [3] List of countries by oil exports [4] List of countries by oil imports [5 ... China: 17,300,000,000: 1 January 2013 est ...
HOUSTON (Reuters) -Oil prices were little changed on Monday, as hopes of stronger demand stemming from higher factory activity in China was largely offset by concerns that the U.S. Federal Reserve ...
This is a list of countries by total primary energy consumption and production. 1 quadrillion BTU = 293 TW·h = 1.055 EJ 1 quadrillion BTU/yr = 1.055 EJ/yr = 293 TW·h/yr = 33.433 GW. The numbers below are for the total energy consumption or production in a whole year, so should be multiplied by 33.433 to get the average value in GW in that year.
HOUSTON (Reuters) -Oil prices fell 2% on Monday as OPEC again lowered its outlook for 2024 and 2025 global oil demand growth while China's oil imports fell for the fifth straight month. China's ...