World Oil Consumption (I:WOCNY)
Level Chart
Basic Info
|
World Oil Consumption is at a current level of 103.04M, up from 101.72M one year ago. This is a change of 1.30% from one year ago. |
|
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. |
| Report | The Energy Institute Statistical Review of World Energy |
| Category | Energy |
| Region | N/A |
| Source | Energy Institute |
Stats
| Last Value | 103.04M |
| Latest Period | 2025 |
| Last Updated | Jun 30 2026, 10:36 EDT |
| Next Release | Nov 1 2026, 09:00 EST (E) |
| Average Growth Rate | 2.08% |
| Value from 1 Year Ago | 101.72M |
| Change from 1 Year Ago | 1.30% |
| Frequency | Yearly |
| Unit | Barrels per Day |
| Adjustment | N/A |
| Download Source File |
Historical Data
| Date | Value |
|---|---|
| December 31, 2025 | 103.04M |
| December 31, 2024 | 101.72M |
| December 31, 2023 | 100.62M |
| December 31, 2022 | 98.09M |
| December 31, 2021 | 95.04M |
| December 31, 2020 | 89.75M |
| December 31, 2019 | 98.58M |
| December 31, 2018 | 98.41M |
| December 31, 2017 | 97.10M |
| December 31, 2016 | 95.09M |
| December 31, 2015 | 93.37M |
| December 31, 2014 | 91.43M |
| December 31, 2013 | 90.54M |
| December 31, 2012 | 89.16M |
| December 31, 2011 | 88.03M |
| December 31, 2010 | 87.11M |
| December 31, 2009 | 83.97M |
| December 31, 2008 | 85.29M |
| December 31, 2007 | 86.24M |
| December 31, 2006 | 85.17M |
| December 31, 2005 | 84.09M |
| December 31, 2004 | 82.99M |
| December 31, 2003 | 80.01M |
| December 31, 2002 | 78.37M |
| December 31, 2001 | 77.59M |
| Date | Value |
|---|---|
| December 31, 2000 | 76.70M |
| December 31, 1999 | 75.47M |
| December 31, 1998 | 74.23M |
| December 31, 1997 | 73.77M |
| December 31, 1996 | 71.73M |
| December 31, 1995 | 70.09M |
| December 31, 1994 | 69.33M |
| December 31, 1993 | 67.62M |
| December 31, 1992 | 67.88M |
| December 31, 1991 | 66.86M |
| December 31, 1990 | 66.74M |
| December 31, 1989 | 65.60M |
| December 31, 1988 | 64.27M |
| December 31, 1987 | 62.29M |
| December 31, 1986 | 60.99M |
| December 31, 1985 | 59.25M |
| December 31, 1984 | 58.86M |
| December 31, 1983 | 57.59M |
| December 31, 1982 | 57.81M |
| December 31, 1981 | 59.40M |
| December 31, 1980 | 61.23M |
| December 31, 1979 | 63.86M |
| December 31, 1978 | 62.73M |
| December 31, 1977 | 59.89M |
| December 31, 1976 | 57.69M |
News
Basic Info
|
World Oil Consumption is at a current level of 103.04M, up from 101.72M one year ago. This is a change of 1.30% from one year ago. |
|
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. |
| Report | The Energy Institute Statistical Review of World Energy |
| Category | Energy |
| Region | N/A |
| Source | Energy Institute |
Stats
| Last Value | 103.04M |
| Latest Period | 2025 |
| Last Updated | Jun 30 2026, 10:36 EDT |
| Next Release | Nov 1 2026, 09:00 EST (E) |
| Average Growth Rate | 2.08% |
| Value from 1 Year Ago | 101.72M |
| Change from 1 Year Ago | 1.30% |
| Frequency | Yearly |
| Unit | Barrels per Day |
| Adjustment | N/A |
| Download Source File |
Related Indicators
| World Energy |
| Australia Coal Price | 131.90 USD/mt |
| Average Crude Oil Spot Price | 79.80 USD/bbl |
| Brent Crude Oil Spot Price | 88.90 USD/bbl |
| Brent WTI Spread | 6.94 USD/bbl |
| Dubai Fateh Crude Oil Spot Price | 79.54 USD/bbl |
| Japan Liquefied Natural Gas Import Price | 11.80 USD/MMBtu |
| OPEC Crude Oil Production | 22.05M bbl/d |
| US Liquefied Natural Gas Exports Price | 7.79 USD/thou cf |
| World Oil Production | 100.59M bbl/d |
| World Oil Rig Count | 726.00 |
| WTI Crude Oil Spot Price | 81.96 USD/bbl |