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.
Oil consumption projections in the European Union (EU-28) from 1970 to 2040
(in Mtoe*)
Characteristic
oil consumption in million tonnes of oil equivalent (Mtoe)
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BP. (February 20, 2018). Oil consumption projections in the European Union (EU-28) from 1970 to 2040 (in Mtoe*) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/808892/oil-consumption-projections-european-union-eu-28/
BP. "Oil consumption projections in the European Union (EU-28) from 1970 to 2040 (in Mtoe*)." Chart. February 20, 2018. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/808892/oil-consumption-projections-european-union-eu-28/
BP. (2018). Oil consumption projections in the European Union (EU-28) from 1970 to 2040 (in Mtoe*). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/808892/oil-consumption-projections-european-union-eu-28/
BP. "Oil Consumption Projections in The European Union (Eu-28) from 1970 to 2040 (in Mtoe*)." Statista, Statista Inc., 20 Feb 2018, https://www.statista.com/statistics/808892/oil-consumption-projections-european-union-eu-28/
BP, Oil consumption projections in the European Union (EU-28) from 1970 to 2040 (in Mtoe*) Statista, https://www.statista.com/statistics/808892/oil-consumption-projections-european-union-eu-28/ (last visited December 22, 2024)
Oil consumption projections in the European Union (EU-28) from 1970 to 2040 (in Mtoe*) [Graph], BP, February 20, 2018. [Online]. Available: https://www.statista.com/statistics/808892/oil-consumption-projections-european-union-eu-28/
