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Global oil demand dashboard

World fuel consumption, oil demand by country and US weekly demand, from FinzData's 943 fuel consumption series. Latest world month: Jul 2026. Page refreshed 2026-10-31.

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Headline figures

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

World oil demand since 2009

54M60M66M72M200920112013201520172019202120232025

All oil products, 47-country world panel, barrels per day. Yearly average: 2019 67.4M, 2020 61.7M, 2025 68.6M b/d.

Change from a year earlier

-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

Demand fell 9.2% year on year in Jun 2026, the steepest fall since 2020: oil demand destruction, measured.

World 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

US versus the rest of the world

United States

−1.5%

May 2026 to Jul 2026 vs a year earlier

Rest of world panel

−10.8%

May 2026 to Jul 2026 vs a year earlier

Rest of world, excluding China

−4.0%

May 2026 to Jul 2026 vs a year earlier

Gap, US minus rest of world

+9.2 pts

Positive: US demand running stronger

US weekly fuel demand

US weekly fuel4-week average (kb/d)vs same weeks last year
All products20,799+0.2%
Gasoline8,629−0.7%
Distillate (diesel)3,978−0.6%
Jet fuel1,703−3.4%

EIA product supplied, four weeks to October 23, 2026.

Oil consumption by country

60 countries that reported within six months of the latest data, largest first.

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
ItalyAug 20261,095−2.2%226476138FZFUEL_IT_TOTPRODS
AustraliaAug 20261,010−6.4%246530158FZFUEL_AU_TOTPRODS
NetherlandsAug 2026927+14.7%9112987FZFUEL_NL_TOTPRODS
PolandAug 2026773+3.8%16838043FZFUEL_PL_TOTPRODS
TaiwanAug 2026737−14.4%14710581FZFUEL_TW_TOTPRODS
BelgiumAug 2026558−4.9%6613545FZFUEL_BE_TOTPRODS
AlgeriaAug 2026481+1.1%10523717FZFUEL_DZ_TOTPRODS
NigeriaAug 2026449−27.9%2391227FZFUEL_NG_TOTPRODS
LibyaAug 2026365n/a1431569FZFUEL_LY_TOTPRODS
KuwaitAug 2026363−7.6%86700FZFUEL_KW_TOTPRODS
GreeceJul 2026343−7.0%5910871FZFUEL_GR_TOTPRODS
ChileAug 2026338−9.4%9816032FZFUEL_CL_TOTPRODS
Hong KongAug 2026292−11.2%544135FZFUEL_HK_TOTPRODS
SwedenAug 2026289−1.0%4911318FZFUEL_SE_TOTPRODS
NorwayAug 2026268+48.9%169416FZFUEL_NO_TOTPRODS
CzechiaAug 2026240+9.6%5011314FZFUEL_CZ_TOTPRODS
PortugalAug 2026230+3.6%379049FZFUEL_PT_TOTPRODS
AustriaAug 2026229−1.3%4611323FZFUEL_AT_TOTPRODS
RomaniaJul 2026223−21.8%40138FZFUEL_RO_TOTPRODS
SwitzerlandAug 2026163−6.9%485944FZFUEL_CH_TOTPRODS
HungaryAug 2026160−2.4%387311FZFUEL_HU_TOTPRODS
DenmarkAug 2026145−1.4%247326FZFUEL_DK_TOTPRODS
IrelandAug 2026145−1.4%207631FZFUEL_IE_TOTPRODS
New ZealandAug 2026144−4.6%455927FZFUEL_NZ_TOTPRODS
FinlandAug 2026133−21.3%335918FZFUEL_FI_TOTPRODS
AzerbaijanAug 2026131+21.3%395016FZFUEL_AZ_TOTPRODS
BulgariaAug 2026111−10.0%2269FZFUEL_BG_TOTPRODS
CroatiaJul 2026102+21.6%1763FZFUEL_HR_TOTPRODS
SlovakiaAug 202698−3.0%18414FZFUEL_SK_TOTPRODS
SerbiaJul 202688−0.3%1449FZFUEL_RS_TOTPRODS
LithuaniaAug 202672+12.8%839FZFUEL_LT_TOTPRODS
CyprusJul 202660+1.3%918FZFUEL_CY_TOTPRODS
SloveniaAug 202649+8.9%13321FZFUEL_SI_TOTPRODS
GeorgiaJun 202647+14.6%17155FZFUEL_GE_TOTPRODS
LuxembourgAug 202647+9.3%112115FZFUEL_LU_TOTPRODS
LatviaAug 202639+11.4%5263FZFUEL_LV_TOTPRODS
BahrainAug 202638−26.9%2051FZFUEL_BH_TOTPRODS
IcelandAug 202628+21.7%41014FZFUEL_IS_TOTPRODS
MoldovaAug 202625−19.4%6132FZFUEL_MD_TOTPRODS
EstoniaAug 202624−4.0%6170FZFUEL_EE_TOTPRODS
BruneiAug 202614+0.0%652FZFUEL_BN_TOTPRODS
MaltaJul 202613+14.6%35FZFUEL_MT_TOTPRODS
Papua New GuineaJul 20268−7.1%17FZFUEL_PG_TOTPRODS
PhilippinesJul 20260−100.0%FZFUEL_PH_TOTPRODS
VenezuelaAug 20260n/a000FZFUEL_VE_TOTPRODS

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.

Get the data

Every figure here is a FinzData series you can pull by API, in Python or from an AI agent, point in time. Fuel consumption data · Macro data · Docs.

Sources: JODI Oil World Database; US Energy Information Administration Weekly Petroleum Status Report.