B06 · Oil and Gas · Global

Oil demand growth

Global: 2.5 million barrels per day in 2024–2030.

  • Annual Release cadence
  • 3 Records · 1 region · 2018–2030

Verified 27 Sep 2026 · 1 publisher

Over time

Global over time. Forecasts are dashed with hollow markers; the underlying values are one click away under the chart.

Fig 1 · B06 · Global Annual

Oil demand growth

Global, 2018 to 2024–2030

3 observations · 2018 to 2024–2030

Forecast: dashed line, hollow markers, shaded band

Oil demand growthOil demand growth. 3 observations from 2018 to 2024–2030, ranging from 1 million barrels per day to 2.5 million barrels per day, of which 3 are forecasts. Latest value 2.5 million barrels per day (2024–2030). million barrels per day 0 0.5 1 1.5 2 2.5 2018 2019 2020 2021 2022 2023 2024 FORECAST 2.5
Oil demand growthOil demand growth. 3 observations from 2018 to 2024–2030, ranging from 1 million barrels per day to 2.5 million barrels per day, of which 3 are forecasts. Latest value 2.5 million barrels per day (2024–2030). million barrels per day 0 1 2 3 2018 2019 2020 2021 2022 2023 2024 FORECAST 2.5
Oil demand growthOil demand growth. 3 observations from 2018 to 2024–2030, ranging from 1 million barrels per day to 2.5 million barrels per day, of which 3 are forecasts. Latest value 2.5 million barrels per day (2024–2030). million barrels per day 0 1 2 3 2018 2019 2020 2021 2022 2023 2024 FORECAST 2.5
View the underlying data
Oil demand growth
Period Type Value
2018 Forecast 1.4 million barrels per day
2023 Forecast 1 million barrels per day
2024–2030 Forecast 2.5 million barrels per day
Source: IEA · million barrels per day · CC BY 4.0 · statorigin.org

Forecasts are dashed, with hollow markers.

Every record

3 records · 1 region · 2018–2030. Each period links to its record: the value, its source evidence and original document.

Oil demand growth: every record, grouped by region, newest first.
Period Value Source Type
Global 3 records
2024–2030 2.5 million barrels per day IEA · 31 Dec 2030 forecast
2023 1 million barrels per day IEA · 31 Dec 2023 forecast
2018 1.4 million barrels per day IEA · 31 Dec 2018 forecast

Download this data

Every file carries its provenance: the CSV has a source column per row, and the chart images print the publisher, the licence and this page's address under the drawing. Source: IEA. Licence: CC BY 4.0.

Embed this chart

For automatic sizing and multiple charts, see the JavaScript embed guide.

Free to embed anywhere, including commercially. The attribution bar is part of the chart. The link under the frame is optional: keep it, remove it or mark it rel="nofollow".

<iframe src="https://statorigin.org/embed/oil-and-gas--oil-demand-growth--trend" width="100%" height="380" style="border:1px solid #e2e5e3;border-radius:8px" title="Oil demand growth" loading="lazy"></iframe>
<p><a href="https://statorigin.org/indicators/oil-demand-growth">Data: IEA via StatOrigin</a> · CC BY 4.0</p>
Preview embed

Use and publication rights

  • View, cite and link: free

    Quote any number, cite this page or a single record, and link to it anywhere.

  • Copy, chart and republish: free with attribution

    The data is published under CC BY 4.0, commercial use included. Credit StatOrigin and the original publisher (IEA); the chart files already carry that line.

  • The source documents: the publisher's terms

    Figures are facts read from the publishers' own documents. The documents themselves, their text and design, stay under each publisher's terms; follow the source links for those.

How this measure is built

Definition
The projected net increase in total oil consumption or demand over a specified period.
Measure
One slice of Oil demand ( form: growth ) . Total volume of oil and other liquid fuels consumed or demanded. Region and period are columns on every record, not slices.
Limitations
3 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 · 2 documents

Other slices of oil demand

Frequently asked questions

What is the latest oil demand growth?

Global: 2.5 million barrels per day in 2024–2030.

Where does this data come from?

From 2 documents published by IEA. 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 2030. 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.

Cite this page

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

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

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

@misc{statorigin_oil_demand_growth_2026, title = {Oil demand growth}, author = {{StatOrigin}}, year = {2026}, url = {https://statorigin.org/indicators/oil-demand-growth}, note = {Data set. Accessed 2026-10-28} }