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 104.47 Mb/d in February 2026, compared to 102.69 in January. This represents a rise of 1.73 percent.
Sample. There are 456 records in the monthly series displayed in the figure above. The span of time covered by the series goes from January 1990 to December 2027.
History. Here are a few summary statistics calculated on the whole sample: consumption reached a trough of 63.45 million barrels per day in May 1993; it reached a maximum of 105.18 in December 2025; it had a mean of 85.40.
Latest values
| Date | Value - Million barrels per day (Mb/d) |
|---|---|
| 2027-10-31 | 105.7193847 |
| 2027-11-30 | 106.5922258 |
| 2027-12-31 | 107.6165412 |
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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
Discover the other time series included in this data set.
World
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Oil and equivalents consumption (Mb/d) - Africa - EIA STEO - Monthly | 456 | 1990-01-31 | 2027-12-31 |
| Oil and equivalents consumption (Mb/d) - Asia (ex Middle East and former Soviet Union countries) and Oceania - EIA STEO - Monthly | 456 | 1990-01-31 | 2027-12-31 |
| Oil and equivalents consumption (Mb/d) - Europe - EIA STEO - Monthly | 456 | 1990-01-31 | 2027-12-31 |
| Oil and equivalents consumption (Mb/d) - Former Soviet Union countries - EIA STEO - Monthly | 432 | 1992-01-31 | 2027-12-31 |
| Oil and equivalents consumption (Mb/d) - Middle East - EIA STEO - Monthly | 456 | 1990-01-31 | 2027-12-31 |
| Oil and equivalents consumption (Mb/d) - North America - EIA STEO - Monthly | 456 | 1990-01-31 | 2027-12-31 |
| Oil and equivalents consumption (Mb/d) - Central and South America - EIA STEO - Monthly | 456 | 1990-01-31 | 2027-12-31 |
| Oil and equivalents consumption (Mb/d) - World - EIA STEO - Monthly | 456 | 1990-01-31 | 2027-12-31 |
Countries
| Series Name | Observations | Start Date | End Date |
|---|---|---|---|
| Oil and equivalents consumption (Mb/d) - Brazil - EIA STEO - Monthly | 456 | 1990-01-31 | 2027-12-31 |
| Oil and equivalents consumption (Mb/d) - Canada - EIA STEO - Monthly | 456 | 1990-01-31 | 2027-12-31 |
| Oil and equivalents consumption (Mb/d) - China - EIA STEO - Monthly | 456 | 1990-01-31 | 2027-12-31 |
| Oil and equivalents consumption (Mb/d) - India - EIA STEO - Monthly | 456 | 1990-01-31 | 2027-12-31 |
| Oil and equivalents consumption (Mb/d) - Japan - EIA STEO - Monthly | 456 | 1990-01-31 | 2027-12-31 |
| Oil and equivalents consumption (Mb/d) - Mexico - EIA STEO - Monthly | 456 | 1990-01-31 | 2027-12-31 |
| Oil and equivalents consumption (Mb/d) - Russia - EIA STEO - Monthly | 432 | 1992-01-31 | 2027-12-31 |
| Oil and equivalents consumption (Mb/d) - United States - EIA STEO - Monthly | 456 | 1990-01-31 | 2027-12-31 |