Articles for Financial Advisors

World's Largest Oil Consumers

World's Largest Oil Consumers

The U.S. has been the world’s largest oil consumer for decades. The table below shows recent world consumption.


Oil Consumption Per Day [millions of barrels]


U.S.  18.9

Brazil  2.7

China  9.8

Saudi Arabia  2.6

Japan  4.5

Germany  2.4

India  3.4

Canada  2.3

Russia  3.1

S. Korea  2.2


According to the International Energy Agency, the U.S. imported 13 million barrels a day in 2005, just over 9 million in 2011, and is projected to import less than 6 million by 2020 and just over 3 million by 2035. In contrast, China imported 3 million barrels in 2005, 5 million in 2011, and is expected to import over 8 million in 2020 and just over 12 million barrels of oil in 2035.

Previous Post
Your Credit Score

Next Post

For Advisors by Advisors. Browse all Programs.