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 crude oil and equivalents was 105.26 million barrels per day in December 2025, versus 104.56 in November. This represents an increase of 0.67 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. Have a look at some descriptive statistics calculated on the entire sample: consumption recorded its highest level of 105.26 million barrels per day in December 2025; it reached a trough of 63.45 in May 1993; it averaged 85.32.
Latest values
| Date | Value - Million barrels per day (Mb/d) |
|---|---|
| 2027-10-31 | 105.6643477 |
| 2027-11-30 | 106.6674268 |
| 2027-12-31 | 107.5517044 |
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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 |