Tag: Oil demand

In 2024, the United States alone consumed an estimated 19 million barrels of oil per day, representing nearly one-fifth of the global total. This astonishing figure reveals that our dependence on oil goes far beyond just powering cars, impacting countless aspects of modern life, industrial production, and international relations.

According to the U.S. Energy Information Administration (EIA) data cited in a September 2025 Visual Capitalist report, the United States consumed approximately 19.0 million barrels of petroleum products per day in 2024. This staggering figure reinforces the nation's position as the world's largest consumer of oil.

In 2024, global oil consumption reached a new record high, slightly surpassing the previous year's levels. This continued reliance prompts a closer look at exactly how much oil per day is consumed and the complex factors shaping this crucial market.