Global Oil Use Exceeded 100 Million Barrels Per Day in 2023

June 24, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Global oil demand averaged slightly over 100 million barrels per day (BBL/d) in 2023, the highest level ever, the Energy Institute (London, England) reported last week in its Statistical Review of World Energy 2024. But there were no celebrations of this milestone at the June 20 launch event for the report. Instead, speakers at the London press conference spent more time fretting about rising carbon dioxide (CO2) emissions, climate change and energy inequality between advanced and advancing economies.