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 was 103.75 million barrels per day in October 2025, versus 105.00 in September. This represents a decrease of 1.19 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. Here’s a quick look at some summary statistics we calculated on the full sample: consumption reached its minimum of 56.98 million barrels per day in April 1990; it reached a maximum of 105.68 in June 2025; it had an average value of 84.80.
Latest values
| Date | Value - Million barrels per day (Mb/d) |
|---|---|
| 2026-10-31 | 104.72642785 |
| 2026-11-30 | 105.76309981 |
| 2026-12-31 | 106.70292544 |
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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 |