Oil consumption in the European Union (EU-28) 1970-2040,
This statistic displays oil consumption projections in the European Union (EU-28) from 1970 to 2040. Oil consumption peaked at 724 Mtoe in 1980. After a decline in the following years, consumption of oil increased during the years between 1985 and 2005. Since then oil consumption has been decreasing and is expected to decrease further, dropping to 382 Mtoe by 2040.