World Oil Consumption:

99.84M bbl/day for 2018
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World Oil Consumption measures the number of barrels that are consumed worldwide on an annual basis. It is an indicator released by BP. This metric tends to trend upwards except for a small dip in the 1980s and 2010. Interestingly enough, 2010 was also the time that Crude Oil prices plummeted because of supply and demand concerns.

World Oil Consumption is at a current level of 99.84M, up from 98.41M one year ago. This is a change of 1.46% from one year ago.

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Historical Data

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Export Data Date Range:
Data for this Date Range  
Dec. 31, 2018 99.84M
Dec. 31, 2017 98.41M
Dec. 31, 2016 96.74M
Dec. 31, 2015 95.05M
Dec. 31, 2014 93.19M
Dec. 31, 2013 92.28M
Dec. 31, 2012 90.72M
Dec. 31, 2011 89.76M
Dec. 31, 2010 88.73M
Dec. 31, 2009 85.78M
Dec. 31, 2008 86.62M
Dec. 31, 2007 87.19M
Dec. 31, 2006 85.75M
Dec. 31, 2005 84.58M
Dec. 31, 2004 83.25M
Dec. 31, 2003 80.40M
Dec. 31, 2002 78.69M
Dec. 31, 2001 77.77M
Dec. 31, 2000 76.87M
Dec. 31, 1999 76.07M
Dec. 31, 1998 74.52M
Dec. 31, 1997 74.13M
Dec. 31, 1996 72.00M
Dec. 31, 1995 70.47M
Dec. 31, 1994 69.33M
   
Dec. 31, 1993 67.62M
Dec. 31, 1992 67.88M
Dec. 31, 1991 66.86M
Dec. 31, 1990 66.74M
Dec. 31, 1989 65.60M
Dec. 31, 1988 64.27M
Dec. 31, 1987 62.29M
Dec. 31, 1986 60.99M
Dec. 31, 1985 59.25M
Dec. 31, 1984 58.86M
Dec. 31, 1983 57.59M
Dec. 31, 1982 57.81M
Dec. 31, 1981 59.40M
Dec. 31, 1980 61.23M
Dec. 31, 1979 63.86M
Dec. 31, 1978 62.73M
Dec. 31, 1977 59.89M
Dec. 31, 1976 57.69M
Dec. 31, 1975 54.33M
Dec. 31, 1974 54.79M
Dec. 31, 1973 55.56M
Dec. 31, 1972 51.42M
Dec. 31, 1971 47.87M
Dec. 31, 1970 45.35M
Dec. 31, 1969 41.81M

There is no data for the selected date range.

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Stats

Last Value 99.84M
Latest Period 2018
Last Updated Jun 11 2019, 11:37 EDT
Average Growth Rate 2.28%
Value from 1 Year Ago 98.41M
Change from 1 Year Ago 1.46%
Frequency Yearly
Unit Barrels per Day
Adjustment N/A
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Excel Add-In Codes

  • Indicator Code: I:WOCNY
  • Indicator Name: =YCI("I:WOCNY","name")
  • Data Point Example: =YCP("I:WOCNY")
  • Data Series Example: =YCS("I:WOCNY",,-4)

To find the codes for any of our financial metrics, see our Complete Reference of Metric Codes.

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