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This question is about oil and gas industry statistics.

How much oil is consumed each day?

By Zippia Team - Jun. 29, 2022

97.39 million barrels of oil are consumed each day. This accounts for global oil consumption, and it's estimated that this will increase, hitting 99.61 million barrels per day in 2022 and 101.55 million barrels per day in 2023.

The U.S. alone consumes 17.178 million barrels of oil every day, and it's the largest consumer of oil in the world. China comes close behind, however, consuming 14.225 million barrels per day.

48.6% of this oil goes to road transportation, by far the largest share of any use for oil.

How much oil is consumed each day?

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