B06 · Oil and Gas · 2 regions

Oil demand

Global: 104.3 million barrels per day in 2025, +1.2% on 2024. IEA projects 105.5 million barrels per day for 2030.

  • 104.3 million barrels per day Latest · Global · 2025
  • +1.2% vs 2024
  • Annual Release cadence
  • 10 Records · 2 regions · 2023–2030

Verified 15 Sep 2026 · 2 publishers · Next period 2026

Across regions

2 regions on one axis, spaced by time. Below it, selected latest values by region. Forecasts are dashed with hollow markers; the underlying values are one click away under the chart.

Fig 1 · B06 · 2 regions Annual

Oil demand by region

2 regions, 2023 to 2030

2 regions · 10 observations · 2023 to 2030

Forecast: dashed line, hollow markers, shaded band

Oil demand by regionOil demand by region. 2 regions on one axis: Global, United States. 10 observations from 2023 to 2030, ranging from 20.5 million barrels per day to 105.5 million barrels per day, of which 6 are forecasts. Latest values: Global 105.5 million barrels per day (2030); United States 20.8 million barrels per day (2027). million barrels per day 0 30 60 90 120 2023 2024 2025 2026 2027 2028 2029 2030 FORECAST 106 Global United States 20.8
Oil demand by regionOil demand by region. 2 regions on one axis: Global, United States. 10 observations from 2023 to 2030, ranging from 20.5 million barrels per day to 105.5 million barrels per day, of which 6 are forecasts. Latest values: Global 105.5 million barrels per day (2030); United States 20.8 million barrels per day (2027). million barrels per day 0 30 60 90 120 2023 2024 2025 2026 2027 2028 2029 2030 FORECAST 106 Global United States 20.8
Oil demand by regionOil demand by region. 2 regions on one axis: Global, United States. 10 observations from 2023 to 2030, ranging from 20.5 million barrels per day to 105.5 million barrels per day, of which 6 are forecasts. Latest values: Global 105.5 million barrels per day (2030); United States 20.8 million barrels per day (2027). million barrels per day 0 30 60 90 120 2023 2024 2025 2026 2027 2028 2029 2030 FORECAST 106 Global United States 20.8
View the underlying data
Oil demand by region
Region Period Type Value
Global 2030 Forecast 105.5 million barrels per day
Global 2027 Forecast 105 million barrels per day
Global 2026 Forecast 102.6 million barrels per day
Global 2025 Actual 104.3 million barrels per day
Global 2024 Actual 103.1 million barrels per day
Global 2023 Forecast 104.7 million barrels per day
United States 2027 Forecast 20.8 million barrels per day
United States 2026 Forecast 20.6 million barrels per day
United States 2025 Actual 20.6 million barrels per day
United States 2024 Actual 20.5 million barrels per day
Source: IEA, EIA · million barrels per day · CC BY 4.0 · statorigin.org

Forecasts are dashed, with hollow markers.

Fig 2 · B06 · Latest by region

Oil demand by region

Latest value per region, 2025

2 entries
Oil demand by regionOil demand by region. 2 categories, highest is Global at 104.3 million barrels per day. United States Global 20.6 million barrels per day 104.3 million barrels per day
Oil demand by regionOil demand by region. 2 categories, highest is Global at 104.3 million barrels per day. United States Global 20.6 million barrels per day 104.3 million barrels per day
Oil demand by regionOil demand by region. 2 categories, highest is Global at 104.3 million barrels per day. United States Global 20.6 million barrels per day 104.3 million barrels per day
View the underlying data
Oil demand by region
Category Source Type Value
Global EIA Actual 104.3 million barrels per day
United States EIA Actual 20.6 million barrels per day
Source: EIA · million barrels per day · CC BY 4.0 · statorigin.org

Every record

10 records · 2 regions · 2023–2030. Each period links to its record: the value, its source evidence and original document.

Oil demand: every record, grouped by region, newest first.
Period Value Source Type
Global 6 records
2030 105.5 million barrels per day IEA · 31 Dec 2030 forecast
2027 105 million barrels per day EIA · 31 Dec 2027 forecast
2026 102.6 million barrels per day EIA · 31 Dec 2026 forecast
2025 104.3 million barrels per day EIA · 31 Dec 2025
2024 103.1 million barrels per day EIA · 31 Dec 2024
2023 104.7 million barrels per day IEA · 31 Dec 2023 forecast
United States 4 records
2027 20.8 million barrels per day EIA · 31 Dec 2027 forecast
2026 20.6 million barrels per day EIA · 31 Dec 2026 forecast
2025 20.6 million barrels per day EIA · 31 Dec 2025
2024 20.5 million barrels per day EIA · 31 Dec 2024

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How this measure is built

Definition
Total volume of oil and other liquid fuels consumed or demanded within a given year.
Measure
One slice of Oil demand ( form: level ) . Total volume of oil and other liquid fuels consumed or demanded. Region and period are columns on every record, not slices.
Limitations
6 figures are projections, drawn dashed and labelled in the table. Values are shown as published; StatOrigin does not revise, fill gaps or convert currencies.
Verification
Each value, unit, period and place was checked against its source evidence before publication. See the methodology and the corrections process.

Sources · 4 documents

Other slices of oil demand

Frequently asked questions

What is the latest oil demand?

Global: 104.3 million barrels per day in 2025, +1.2% on 2024. IEA projects 105.5 million barrels per day for 2030.

Where does this data come from?

From 4 documents published by IEA and EIA. Every figure on this page links to its record, which preserves the original source evidence.

How often is it updated?

Annual. The newest published period is 2025; the next release should cover 2026. A new figure appears here once the publisher releases it and it passes verification.

Can I use this data?

Yes. StatOrigin publishes it under CC BY 4.0: you may copy, chart and republish it, including commercially, with attribution to StatOrigin and to the original publisher.

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Cite the page as a data set, or open any record to cite one figure: each record carries APA, MLA, Chicago and BibTeX forms that credit the original publisher.

StatOrigin. (2026). Oil demand [Data set]. Retrieved October 28, 2026, from https://statorigin.org/indicators/oil-demand

"Oil demand." StatOrigin, 2026, https://statorigin.org/indicators/oil-demand. Accessed 28 Oct. 2026.

StatOrigin. "Oil demand." Data set, 2026. Accessed October 28, 2026. https://statorigin.org/indicators/oil-demand.

@misc{statorigin_oil_demand_2026, title = {Oil demand}, author = {{StatOrigin}}, year = {2026}, url = {https://statorigin.org/indicators/oil-demand}, note = {Data set. Accessed 2026-10-28} }