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    Asian Pacific Oil Market

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    Blas
    1) The United States ranked first in oil consumption in 1998, 2008, and 2019, consuming 19.4 million barrels per day in 2019. China saw the highest average consumption growth rate from 1998 to 2019 at 239.59%. 2) In 2019, the Asia Pacific region consumed the most oil at 36.18 million barrels per day, followed by North America at 23.54 million barrels per day. 3) Overall global oil consumption increased from 74.12 million barrels per day in 1998 to 98.27 million barrels per day in 2019.

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    Asian Pacific Oil Market

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    Blas
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    1) The United States ranked first in oil consumption in 1998, 2008, and 2019, consuming 19.4 million barrels per day in 2019. China saw the highest average consumption growth rate from 1998 to 2019 at 239.59%. 2) In 2019, the Asia Pacific region consumed the most oil at 36.18 million barrels per day, followed by North America at 23.54 million barrels per day. 3) Overall global oil consumption increased from 74.12 million barrels per day in 1998 to 98.27 million barrels per day in 2019.

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    1) The United States ranked first in oil consumption in 1998, 2008, and 2019, consuming 19.4 million barrels per day in 2019. China saw the highest average consumption growth rate from 1998 to 2019 at 239.59%. 2) In 2019, the Asia Pacific region consumed the most oil at 36.18 million barrels per day, followed by North America at 23.54 million barrels per day. 3) Overall global oil consumption increased from 74.12 million barrels per day in 1998 to 98.27 million barrels per day in 2019.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    7 views3 pages

    Asian Pacific Oil Market

    Uploaded by

    Blas
    1) The United States ranked first in oil consumption in 1998, 2008, and 2019, consuming 19.4 million barrels per day in 2019. China saw the highest average consumption growth rate from 1998 to 2019 at 239.59%. 2) In 2019, the Asia Pacific region consumed the most oil at 36.18 million barrels per day, followed by North America at 23.54 million barrels per day. 3) Overall global oil consumption increased from 74.12 million barrels per day in 1998 to 98.27 million barrels per day in 2019.

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    Table Error! No text of specified style in document.-1.

    Countries and Regions Ranking by Oil Consumption and Average Consumption Growth
    Rate of Oil 1998/2019 (1.000 barrels a day)
    Rank Countries 1998 % 2008 % 2019 % ACGR
    1998 to 2019
    1 US 18.827 25,40% 18.841 22,12% 19.400 19,74 % 3,05%
    2 China 4.139 5,58% 7.904 9,28% 14.056 14,30% 239,59%
    3 India 1.959 2,64% 3.132 3,68% 5.271 5,36% 169,00%
    4 Japan 5.526 7,46% 4.846 5,69% 3.812 3,88% -31,02%
    5 Russia 2.490 3,36% 2.861 3,36% 3.319 3,38% 33,21%
    6 Brazil 1.838 2,48% 2.096 2,46% 2.398 2,44% 30,42%
    Rank Regions
    1 Asia Pacific 19.676 26,55% 25.879 30,39% 36.178 36,81% 83,86%
    2 North America 22.291 30,64% 23.221 27,26% 23.536 23,95% 3,64%
    3 Total Europa 16.591 22,38% 16.297 19,13% 14.896 15,16% -10,22%
    4 Middle East 4.862 6,56 7.391 8,68% 9.416 9,58% 93,66%
    5 South and Central
    4.710 6,35% 5.586 6,56% 5.923 6,03% 25,77%
    America
    6 Eurasia Commonwealth of
    3.203 4,32% 3.600 4,23% 4.227 4,30% 31,96%
    Independent States (CIS)
    7 Africa 2.368 3,19% 3.196 3,75% 4.096 4,17% 73,03%
    Total 74.119 100,00% 85.170 100,00% 98.272 100,00%
    Data Source: BP Annual Statistical 2020. Average Consumption Growth Rate (ACGR) calculated by the author.

    (1.000 barrels a day)

    1) China (14,3%)
    2) India (5,4%)
    3) Japón (3,9%)
    4) Corea del Sur (2,8%)
    5) Indonesia (1,8%)
    6) Tailandia (1,5%)
    7) Singapur (1,4%)
    8) Australia (1,1%)
    9) Taiwán (1,0%)
    Fuente: British Petroleum (2020).
    Austria
    Belgium
    Bulgaria
    Croatia
    Cyprus
    Czech Republic
    Denmark
    Estonia
    Finland
    France
    Germany
    Greece
    Hungary
    Iceland
    Ireland
    Italy
    Latvia
    Lithuania
    Luxembourg
    Netherlands
    North Macedonia
    Norway
    Poland
    Portugal
    Romania
    Slovakia
    Slovenia
    Spain
    Sweden
    Switzerland
    Turkey
    Ukraine
    United Kingdom
    Other Europe
    Total Europe

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