FinzData

Fuel consumption & oil demand data

Global oil demand and fuel consumption, by country and by fuel

943 point-in-time series of oil demand: a 47-country world panel monthly since 2009, 118 countries including China and India since 2002, and US weekly gasoline, diesel and jet fuel demand since 1990. In barrels per day, updated daily, ready for your models, your backtests and your AI agents.

Buy the Energy theme · $29 Oil demand dashboard Free key

Global oil demand at a glance

World panel demand, Jul 2026

65.1M b/d

−6.0% vs a year earlier

US weekly demand, 4 weeks to Oct 23

20.8M b/d

+0.2% vs the same weeks last year

Rest of world vs US, May 2026 to Jul 2026

−10.8% vs −1.5%

Demand change, rest of world panel against the US

Steepest monthly fall since 2020

−9.2%

Jun 2026, world panel year on year

See every chart and all 60 countries on the oil demand dashboard.

Oil demand destruction in 2026

As oil and diesel prices climbed in 2026, fuel demand answered. In the FinzData world panel, demand for oil products fell 9.2% year on year in Jun 2026, the steepest fall since 2020, and was −6.0% in Jul 2026. Over May 2026 to Jul 2026, the rest of the world panel was −10.8% against a year earlier while the US was −1.5%; without China the rest of the world was −4.0%.

-8%+8%Jan 2024: +5.2%Feb 2024: -1.0%Mar 2024: -1.9%Apr 2024: +2.1%May 2024: -1.5%Jun 2024: -2.9%Jul 2024: +1.1%Aug 2024: +0.1%Sep 2024: +0.5%Oct 2024: +0.3%Nov 2024: +1.9%Dec 2024: +0.3%Jan 2025: +0.2%Feb 2025: +1.3%Mar 2025: +0.9%Apr 2025: +1.3%May 2025: -0.8%Jun 2025: +1.5%Jul 2025: +2.0%Aug 2025: -1.0%Sep 2025: +2.1%Oct 2025: +1.0%Nov 2025: +0.5%Dec 2025: +3.6%Jan 2026: +3.5%Feb 2026: +4.2%Mar 2026: -0.1%Apr 2026: -6.5%May 2026: -8.7%Jun 2026: -9.2%Jul 2026: -6.0%Jan 2024Jul 2026

All oil products, 47-country world panel (FZFUEL_WORLD_TOTPRODS). Teal: growth; amber: decline. Open the oil demand dashboard.

World oil demand by fuel

FuelThousand b/dvs year earlierSeries
All oil products65,125−6.0%FZFUEL_WORLD_TOTPRODS
Gasoline18,612−3.6%FZFUEL_WORLD_GASOLINE
Diesel / gasoil17,320−5.2%FZFUEL_WORLD_GASDIES
Jet fuel4,771−1.2%FZFUEL_WORLD_JETKERO
LPG5,914−5.5%FZFUEL_WORLD_LPG
Naphtha3,033−10.6%FZFUEL_WORLD_NAPHTHA
Fuel oil2,668−14.6%FZFUEL_WORLD_RESFUEL
Other kerosene6,237+3.7%FZFUEL_WORLD_KEROSENE

Jul 2026, 47-country world panel.

Oil consumption by country

The largest oil consumers in the data, latest month reported, in thousand barrels per day.

CountryMonthAll products (kb/d)vs year earlierGasolineDieselJet fuelSeries
United StatesAug 202621,168+0.7%9,2933,6691,774FZFUEL_US_TOTPRODS
ChinaAug 202613,289−20.3%3,0393,626FZFUEL_CN_TOTPRODS
IndiaMar 20265,612+1.1%1,0322,122204FZFUEL_IN_TOTPRODS
JapanAug 20262,959−3.6%813606213FZFUEL_JP_TOTPRODS
CanadaAug 20262,775+11.0%759627196FZFUEL_CA_TOTPRODS
Saudi ArabiaAug 20262,582−7.4%4976800FZFUEL_SA_TOTPRODS
South KoreaAug 20262,498−11.3%270313166FZFUEL_KR_TOTPRODS
GermanyAug 20261,609−26.9%382621175FZFUEL_DE_TOTPRODS
MexicoJul 20261,551−0.4%67533796FZFUEL_MX_TOTPRODS
IndonesiaAug 20261,549−24.1%64974884FZFUEL_ID_TOTPRODS
FranceAug 20261,368−6.3%287575193FZFUEL_FR_TOTPRODS
United KingdomAug 20261,352+0.7%322527294FZFUEL_GB_TOTPRODS
TurkeyAug 20261,350+1.9%173639162FZFUEL_TR_TOTPRODS
SpainAug 20261,295+1.2%195529203FZFUEL_ES_TOTPRODS
ThailandJul 20261,120+0.1%20739797FZFUEL_TH_TOTPRODS

All 60 countries

Coverage

FamilySeries idFrequencyFromWhat it covers
World panelFZFUEL_WORLD_<fuel>Monthly2009Demand summed over 47 countries that have reported every month since 2009, so the trend is free of reporting changes
By countryFZFUEL_<ISO2>_<fuel>Monthly2002118 countries, from the United States, China, Japan and India to Saudi Arabia, Brazil and Nigeria
US weeklyFZFUEL_USW_<fuel>Weekly1990US product supplied, the standard weekly measure of US fuel consumption

943 series in all, in thousand barrels per day.

Fuels

World and country fuels

  • TOTPRODS All oil products
  • GASOLINE Motor gasoline
  • GASDIES Diesel / gasoil
  • JETKERO Jet fuel (kerosene-type)
  • KEROSENE Other kerosene
  • LPG LPG
  • NAPHTHA Naphtha
  • RESFUEL Fuel oil
  • ONONSPEC Other oil products

US weekly fuels

  • TOTAL All petroleum products
  • GASOLINE Finished motor gasoline
  • DISTILLATE Distillate fuel oil
  • JET Kerosene-type jet fuel
  • RESID Residual fuel oil
  • PROPANE Propane / propylene
  • OTHER Other oils

How customers use it

Nowcast oil demand

Track world, country and US demand month by month and week by week, ahead of the quarterly balances most desks wait for.

Trade crude and refined products

Pair demand with FinzData continuous futures for crude oil, gasoline and heating oil to test demand-led signals on prices, spreads and cracks.

Read the travel cycle

Jet fuel demand in the US weekly and by country is a direct gauge of air travel for airline, travel and leisure exposure.

Watch China and emerging markets

Country gasoline and diesel show where consumer driving and freight activity are turning, from China and India to Brazil and the Gulf.

Proxy industrial activity

Diesel and gasoil follow trucking, construction, farming and mining, a timely complement to industrial production.

Backtest without look-ahead

Every series is point in time: ask for any series as of a date and get what was published by then.

Get it in Python

import finzdata as yf
c = yf.Client()

# world oil demand, 47-country panel, monthly since 2009
world = c.macro("FZFUEL_WORLD_TOTPRODS")

# China gasoline and diesel demand
cn_gas = c.macro("FZFUEL_CN_GASOLINE")
cn_diesel = c.macro("FZFUEL_CN_GASDIES")

# US weekly jet fuel, exactly as published by a date (point in time)
jet = c.macro("FZFUEL_USW_JET", as_of="2026-10-30")

Also over the REST API (/v1/macro?series=FZFUEL_WORLD_TOTPRODS) and the MCP server for AI agents: get_macro_vintage(series='FZFUEL_USW_JET'), or search_datasets('fuel consumption') to browse.

Pricing

ProductWhat you getOne-time
FreeLast 12 months of every fuel series$0Free key
Energy themeAll 943 fuel consumption series plus 1,000+ electricity series, full history$29Buy
Macro LatestEvery macro series, full history$95Buy
Macro CompleteEvery series and every vintage, plus licensed series, liquidity and the Quantitative Model$395Buy

Institutional includes all macro. See macro data for every theme.

Sources

World and country series are built from the JODI Oil World Database (Joint Organisations Data Initiative). US weekly series come from the US Energy Information Administration Weekly Petroleum Status Report.

Frequently asked questions

How much oil does the world use per day?

The 47 countries in the FinzData world panel used 65.1 million barrels of oil products a day in Jul 2026, −6.0% against a year earlier. The panel is a fixed set of countries that have reported every month since 2009, so it tracks the trend in world oil demand consistently.

Which countries consume the most oil?

The largest consumers in the data are United States, China, India, Japan, Canada. The full table of 60 countries is on the oil demand dashboard, with gasoline, diesel and jet fuel for each.

How much oil does China use?

China used 13.3 million barrels a day of oil products in August 2026, −20.3% against a year earlier. FinzData has China's gasoline, diesel, jet fuel, LPG, naphtha and fuel oil demand monthly.

How much gasoline does the US use per day?

US gasoline demand (product supplied) averaged 8.63 million barrels a day over the four weeks to October 23, 2026, −0.7% against the same weeks a year earlier. Weekly data runs back to 1991.

What is oil demand destruction?

Demand destruction is a lasting fall in oil use caused by high prices or a weak economy. It shows up in fuel consumption data before it shows up in annual statistics: in the FinzData world panel, demand fell 9.2% year on year in Jun 2026, the steepest drop since 2020.

What is fuel consumption?

Fuel consumption is how much of each oil product an economy uses, measured in thousand barrels per day: gasoline, diesel / gasoil, jet fuel, kerosene, LPG, naphtha and fuel oil. (A car's fuel consumption, in litres per 100 km or miles per gallon, is a different measure.)

How is the world series built?

The world panel adds up the 47 countries that have reported every month since 2009. Holding the panel fixed keeps the trend consistent: a change in the series is a change in demand, not a change in which countries reported.

How often is it updated?

Every day. Country data refreshes as new monthly figures are published, and US weekly data follows each Weekly Petroleum Status Report.

Do you have electricity data?

Yes. The same Energy theme carries 1,000+ electricity series: electricity prices per kilowatt-hour across US cities, utility producer prices and electric power output, with energy prices for other countries.

How do I buy it?

Fuel consumption is part of the Energy theme ($29 once), and of Macro Latest and Macro Complete. A free API key gets the last 12 months of every series.

Where does the data come from?

Country and world series are built from the JODI Oil World Database (Joint Organisations Data Initiative). US weekly series come from the US Energy Information Administration Weekly Petroleum Status Report.

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