There are the number of things that have significance and oil is considered as one of the most important and essential commodities around the globe. Within a few couple of years, oil consumption by country has rapidly increased. And it is only why because all the types of transport, machines and their engines need the fuel to operate so it cannot be denied that without its availability no country can survive without fuel. As everyone knows that all the running industries, factories, transport and world economic system is running due to oil so no one can deny accepting it as a major and most important natural resource of the world. Energy utilization is the biggest factor although it is not produced and found in all the countries around the world, but it is being consumed all over. From last two decades statistics, estimates for united states have shown a remarkable increase in energy consumption and fortunately valuable oil resources growth percentage as well. As all nations have dissimilarity in their oil consumption and usage of different products such as petroleum, crude oil, diesel or gasoline.In this article, we are mentioning the statistics list of top ten nations that are reported to be the largest oil consuming countries around the world prepared by government ( U.S Energy information ) and world fact book.
Q : Which Country Consumes the most oil in the world?
Ans : While measuring the geographical boundaries, United States comes on the top of the list. In terms of population, it stands at third rank. However, due to best economy it is also one of the strongest, advanced and richest countries in the world.Due to good per capita income a large percentage can buy their vehicle, causing high traffic load in densely populated areas. Also, the strongest economy and fastest growing industries require huge quantity of oil that’s why daily consumption is about 19, 150, 000 barrels per day and growing. Making it world’s biggest oil consuming country and in U.S fortunately resources for production are also growing unpredictably. Every year as we can clearly see the first ranking corporation in biggest Oil companies in the world belong to Texas, United States.
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