OECD Americas is the region with the greatest oil demand, followed by China. In 2022, daily oil demand in the OECD Americas amounted to 25 million barrels. This figure is set to decrease to 21.5 million barrels by 2045, although it would remain the largest oil consuming region. India is forecast to see the greatest growth in daily oil demand, with figures expected to double by 2045.
Long-term oil demand worldwide in 2022, with a forecast for 2045, by region
(in million barrels per day)
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OPEC. (December 14, 2023). Long-term oil demand worldwide in 2022, with a forecast for 2045, by region (in million barrels per day) [Graph]. In Statista. Retrieved November 16, 2024, from https://www.statista.com/statistics/283443/world-oil-demand-outlook-by-key-region/
OPEC. "Long-term oil demand worldwide in 2022, with a forecast for 2045, by region (in million barrels per day)." Chart. December 14, 2023. Statista. Accessed November 16, 2024. https://www.statista.com/statistics/283443/world-oil-demand-outlook-by-key-region/
OPEC. (2023). Long-term oil demand worldwide in 2022, with a forecast for 2045, by region (in million barrels per day). Statista. Statista Inc.. Accessed: November 16, 2024. https://www.statista.com/statistics/283443/world-oil-demand-outlook-by-key-region/
OPEC. "Long-term Oil Demand Worldwide in 2022, with a Forecast for 2045, by Region (in Million Barrels per Day)." Statista, Statista Inc., 14 Dec 2023, https://www.statista.com/statistics/283443/world-oil-demand-outlook-by-key-region/
OPEC, Long-term oil demand worldwide in 2022, with a forecast for 2045, by region (in million barrels per day) Statista, https://www.statista.com/statistics/283443/world-oil-demand-outlook-by-key-region/ (last visited November 16, 2024)
Long-term oil demand worldwide in 2022, with a forecast for 2045, by region (in million barrels per day) [Graph], OPEC, December 14, 2023. [Online]. Available: https://www.statista.com/statistics/283443/world-oil-demand-outlook-by-key-region/
