TBS Report

26 November, 2025, 04:40 pm

Last modified: 26 November, 2025, 05:39 pm

An illustration depicts oil barrels next to a globe and a rising golden arrow, symbolizing the increase in global oil consumption and prices in 2024. | Illustration: Ashrafun Naher Ananna/TBS Creative

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A conceptual illustration of rising global oil consumption, featuring a world globe, black oil barrels with one spilling, and a golden arrow graph trending upwards.

An illustration depicts oil barrels next to a globe and a rising golden arrow, symbolizing the increase in global oil consumption and prices in 2024. | Illustration: Ashrafun Naher Ananna/TBS Creative

In 2024, total global daily oil consumption rose by 0.7%, reaching 101.42 million barrels from 100.69 million in 2023. Bangladesh’s daily oil consumption increased by 13.5% to 0.26 million barrels in 2024, up from 0.23 million the previous year. The country accounts for about 0.3% of daily global oil consumption.

This infographic details the world’s largest oil-consuming countries in 2024, with the United States (19.0M bpd), China (16.4M bpd), and India (5.6M bpd) leading the list.

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Infographic titled 'World's Largest Oil Consuming Countries 2024,' listing the USA, China, India, Saudi Arabia, Russia, and Japan with their daily consumption in million barrels and global share percentage.

This infographic details the world’s largest oil-consuming countries in 2024, with the United States (19.0M bpd), China (16.4M bpd), and India (5.6M bpd) leading the list.

Note:  Includes crude oil, shale oil, oil sands, condensates, and natural gas liquids.