Top 5 Countries with the Highest Oil Consumption

3. India

Total consumption in 2020 (million barrels per day): 4,457

Total consumption in 2021 (million barrels per day): 4,679

India’s petroleum consumption may have been high in 2021, but it broke all records in 2022-2023 with the country consuming more than 222 million tonnes of petroleum products in the financial year ended March 2023, an increase of 10% from the previous year. India has been one of the biggest benefiters of the Russua-Ukraine war, having purchases oil at dirt cheap prices from Russia while most other nations boycott Russian purchases.