Oil and equivalents consumption (Mb/d) - World - EIA STEO - Monthly
This series is part of the dataset: Oil consumption / demand by country (EIA STEO)
Download Full Dataset (.xlsx)Latest updates. In the world, the consumption of oil and equivalents stood at 104.48 million barrels per day in August 2025, compared to 104.34 in the previous month. This constitutes an increase of 0.13 percent.
Sample. There are 444 observations overall in the monthly time series shown in the plot above. The time period covered by the series goes from January 1990 to December 2026.
History. Have a look at some statistics we computed on the full sample: consumption was equal on average to 84.65 million barrels per day; it recorded a minimum of 56.98 in April 1990; it reached its highest level of 104.84 in June 2025.
Latest values
| Date | Value - Million barrels per day (Mb/d) |
|---|---|
| 2026-10-31 | 104.51066413 |
| 2026-11-30 | 105.45962849 |
| 2026-12-31 | 106.45706984 |
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Series Metadata
| Field | Value |
|---|---|
| Description | Crude oil and liquid fuels (oil equivalents) consumption / demand |
| Country or region | World |
| Economic concept | Flow |
| Data type | Quantity |
| Seasonally adjusted | No |
| Frequency | Monthly |
| Unit | Million barrels per day (Mb/d) |
| Source | U.S. Energy Information Administration (EIA) |
| Source type | Government Agency |
| Data licence | Public domain |
| Measure type | Level |
Series in the same data set: World
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Oil and equivalents consumption (Mb/d) - Africa - EIA STEO - Monthly | 444 | 1990-01-31 | 2026-12-31 |
| Oil and equivalents consumption (Mb/d) - Asia (ex Middle East and former Soviet Union countries) and Oceania - EIA STEO - Monthly | 444 | 1990-01-31 | 2026-12-31 |
| Oil and equivalents consumption (Mb/d) - Europe - EIA STEO - Monthly | 444 | 1990-01-31 | 2026-12-31 |
| Oil and equivalents consumption (Mb/d) - Former Soviet Union countries - EIA STEO - Monthly | 420 | 1992-01-31 | 2026-12-31 |
| Oil and equivalents consumption (Mb/d) - Middle East - EIA STEO - Monthly | 444 | 1990-01-31 | 2026-12-31 |
| Oil and equivalents consumption (Mb/d) - North America - EIA STEO - Monthly | 444 | 1990-01-31 | 2026-12-31 |
| Oil and equivalents consumption (Mb/d) - Central and South America - EIA STEO - Monthly | 444 | 1990-01-31 | 2026-12-31 |
| Oil and equivalents consumption (Mb/d) - World - EIA STEO - Monthly | 444 | 1990-01-31 | 2026-12-31 |
Series in the same data set: Countries
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Oil and equivalents consumption (Mb/d) - Brazil - EIA STEO - Monthly | 444 | 1990-01-31 | 2026-12-31 |
| Oil and equivalents consumption (Mb/d) - Canada - EIA STEO - Monthly | 444 | 1990-01-31 | 2026-12-31 |
| Oil and equivalents consumption (Mb/d) - China - EIA STEO - Monthly | 444 | 1990-01-31 | 2026-12-31 |
| Oil and equivalents consumption (Mb/d) - India - EIA STEO - Monthly | 444 | 1990-01-31 | 2026-12-31 |
| Oil and equivalents consumption (Mb/d) - Japan - EIA STEO - Monthly | 444 | 1990-01-31 | 2026-12-31 |
| Oil and equivalents consumption (Mb/d) - Mexico - EIA STEO - Monthly | 444 | 1990-01-31 | 2026-12-31 |
| Oil and equivalents consumption (Mb/d) - Russia - EIA STEO - Monthly | 420 | 1992-01-31 | 2026-12-31 |
| Oil and equivalents consumption (Mb/d) - United States - EIA STEO - Monthly | 444 | 1990-01-31 | 2026-12-31 |