Oil is one of the most essential commodities in the world. This is attributedto the fact that most machinery and engines run using oil. It means thatindustries, motor vehicles and other machineries require oil to function. Asa 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 fiftymillion people. The country has experienced much development in the last twentyyears 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 paston 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.
Canada is a developed country whose majority population is economicallywell. The country is also significantly bigger geographically compared to mostother countries in the world. As a result, the demand for oil in the country ishigh with transport, individuals and industries all requiring oil to workeffectively. Its total oil consumption is 2, 220, 000 barrels per day.
Brazil is emerging as one of the fastest growing economies in the worldaccording to the latest statistics. This is attributed to the administrative policyof putting more emphasis on the growth of industries consequently leading toimprovements 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.
Germany has been dominant in economical and industrial development wherefor a long time it has been rated amongst the most developed and mostindustrious countries in the world. Germany is also renowned for itsmanufacturing prowess due to the many manufactured products it exports toother countries. Consequently, Germany, for a long time, has had a high demandfor oil to sustain the many industries with its daily consumption beingestimated to be 2, 495, 000 barrels per day.
India is big country geographically and is amongst the most populatedcountries in the world. The country also has a significant percentage of poorpeople who use oil for various day to day activities. As a result, the countryrequires big quantities of oil to sustain the requirements of the bigpopulation. India's daily oil consumption is 3, 182, 000 barrels per day.
Russia is among the largest countries geographically with an equally largepopulation. The country is also economically well allowing the residentsto readily afford and purchase different types of machinery that use oil.Furthermore, the country also produces different products and it has ahigh number of industries. The approximate daily oil consumption of Russia is3, 199, 000 barrels per day.
Japan is also a very populated country with most of the country's residents beingeconomically stable. The country is also very industrious with numerousindustries in various parts of the country. Furthermore, Japan is also known forhaving efficient transport systems which increases the number of vehicles in theroad. All these parts of the economy demands high quantities of oilmaking it a huge oil consumer. The country's approximate daily oilconsumption is 4, 452, 000 barrels every day.
China has grown tremendously since the recent past making it the largestindustrious 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 geographicalmeasurements. Its population is also big with people spread through out thevarious states. Furthermore, the country is an economic power house with thebiggest population being able to purchase personal motor vehicles and otherassorted machines that use oil. Furthermore, the country is also renowned forbeing industrious since it has diverse industries to manufacture differentproducts. These sectors require a high quantity of oil to be able to sustainthem all. The United States drills some of the oils consumed in the country butalso imports other quantities. The approximate daily consumption in UnitedStates is 19, 150, 000 barrels per day according to the latest statistics.