WebAug 21, 2024 · The Energy Information Administration (EIA) estimates that the world consumed 96.92 million barrels per day in 2016, with the top 10 consumers accounting for 60 percent of the total consumption. That’s nearly 100 million barrels per day. At today’s average oil price of $60 per barrel for Brent crude, that’s $5.8 billion consumed. WebOriginally Answered: how much oil is consumed daily in the world? 25,739,700,000 lbs or 11,699,863,636 kg is the weight of the oil extracted from the ground each day!! 26 billion pounds! Equal to 145 million megawatts of power or 224,960,073 man years of labor. That works out to 9,401,425,425,000 lbs or 4,273,375,193,182 kg annually.
Fossil Fuels - Our World in Data
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US Oil Consumption, 1965 – 2024 CEIC Data
WebJan 29, 2024 · The U.S. Energy Information Administration (EIA) estimates that the world consumed 92.2 million barrels per day (b/d) of petroleum and other liquid fuels in 2024, a 9% decline from the previous year and the largest decline in EIA’s series that dates back to 1980. ... For this reason, EIA will have near-final data on about half of world oil ... WebApr 11, 2024 · The delivered price of Russian oil to India averaged $72.14 a barrel in February, the most recent month for available data, according to the South Asian nation’s ministry of commerce and ... WebWorld total final consumption: 4 660 Mtoe Coal: 13.6% Oil: 48.2% Natural gas: 14% Biofuels and waste: 13.1% Electricity: 9.4% Other: 1.7%. IEA. Licence: CC BY 4.0. clothing at morrisons