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The 10 Biggest Oil Consuming Countries In The World

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The 10 Biggest Oil Consuming Countries In The World

Oil is one of the most essential commodities in the world. This is attributed
to the fact that most machinery and engines run using oil. It means that
industries, motor vehicles and other machineries require oil to function. As
a result, oil is rightfully a necessity for countries producing different products and have an efficient transport system. However, different countries have different levels of oil consumption with some countries consuming more oil than others. Here is a list of the 10 biggest oil consuming countries in the world.

10. South Korea


South Korea is a country in Asia and it has a population of more than fifty
million people. The country has experienced much development in the last twenty
years with infrastructure, industries and a tremendous growth of general economy. These developments have also been accompanied by a growth in population with more resources available to provide for the increased population. These developments have directly led to growth in oil consumption with current South Korea’s oil consumption being 2, 195, 000 barrels per day.

9. Saudi Arabia


This is another country which has experienced major growth in the recent past
on sectors of its economy. The growth has mainly been attributed to the country producing its own oil with the surplus being sold to other countries in the world. The exported oil generates a lot of money which is invested in the economy consequently resulting in the massive growth. The main sectors that consume oil in Saudi Arabia include transport and industry. Its approximate oil consumption is 2,209, 000 barrels per day.

8. Canada


Canada is a developed country whose majority population is economically
well. The country is also significantly bigger geographically compared to most
other countries in the world. As a result, the demand for oil in the country is
high with transport, individuals and industries all requiring oil to work
effectively. Its total oil consumption is 2, 220, 000 barrels per day.

7. Brazil


Brazil is emerging as one of the fastest growing economies in the world
according to the latest statistics. This is attributed to the administrative policy
of putting more emphasis on the growth of industries consequently leading to
improvements of the existing industries and also the establishment of new industries. This growth has also led to development in other sectors of the economy including infrastructure and economic well being of the country’s resident. The direct impact of these developments is an increased oil consumption so as to sustain the industries and fuel the increased number of vehicles in the country. Brazil’s approximate oil consumption is 2, 229, 000 barrels per day.

6. Germany


Germany has been dominant in economical and industrial development where
for a long time it has been rated amongst the most developed and most
industrious countries in the world. Germany is also renowned for its
manufacturing prowess due to the many manufactured products it exports to
other countries. Consequently, Germany, for a long time, has had a high demand
for oil to sustain the many industries with its daily consumption being
estimated to be 2, 495, 000 barrels per day.

5. India


India is big country geographically and is amongst the most populated
countries in the world. The country also has a significant percentage of poor
people who use oil for various day to day activities. As a result, the country
requires big quantities of oil to sustain the requirements of the big
population. India’s daily oil consumption is 3, 182, 000 barrels per day.

4. Russia


Russia is among the largest countries geographically with an equally large
population. The country is also economically well allowing the residents
to readily afford and purchase different types of machinery that use oil.
Furthermore, the country also produces different products and it has a
high number of industries. The approximate daily oil consumption of Russia is
3, 199, 000 barrels per day.

3. Japan


Japan is also a very populated country with most of the country’s residents being
economically stable. The country is also very industrious with numerous
industries in various parts of the country. Furthermore, Japan is also known for
having efficient transport systems which increases the number of vehicles in the
road. All these parts of the economy demands high quantities of oil
making it a huge oil consumer. The country’s approximate daily oil
consumption is 4, 452, 000 barrels every day.

2. China


China has grown tremendously since the recent past making it the largest
industrious nation in the world. The country is also highly populated and combines the rich as well as the poor people tpgether. Furthermore, the infrastructure of the country is top class and a significant percentage of the population can afford to buy vehicles to use on these roads. The tremendous growth is primarily attributed to the fact that the majority of the residents are very hard working and the many industries have adequate manpower. These factors have made the oil consumption of the country to be high with the approximate daily consumption being 9, 400, 000 barrels.

1. United States


The United States is one of the biggest countries when it comes to geographical
measurements. Its population is also big with people spread through out the
various states. Furthermore, the country is an economic power house with the
biggest population being able to purchase personal motor vehicles and other
assorted machines that use oil. Furthermore, the country is also renowned for
being industrious since it has diverse industries to manufacture different
products. These sectors require a high quantity of oil to be able to sustain
them all. The United States drills some of the oils consumed in the country but
also imports other quantities. The approximate daily consumption in United
States is 19, 150, 000 barrels per day according to the latest statistics.

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