- Oil Consumption refers to the total amount of petroleum products used within a country during a given year for energy and non-energy purposes.
Australia Oil Consumption was 1,056 Thousand Barrels Daily in 2023, up 5.7% on 2022. The Oil Consumption dataset of Australia from 2015 to 2023 provides a comprehensive overview of the country's oil consumption, highlighting demand trends, consumption levels, supply patterns, and overall industry performance throughout the review period.
Australia Oil Consumption moved from 1,015 Thousand Barrels Daily in 2015 to 1,056 Thousand Barrels Daily in 2023 (+4%), an average of +0.5% a year. The series high was 1,075 Thousand Barrels Daily in 2018 and the low 915 Thousand Barrels Daily in 2020.
The gap between the series high (2018) and low (2020) is 160 Thousand Barrels Daily. The sharpest single-year move was −14% in 2020.
Among the 46 countries in this dataset, Australia ranks 22 for 2023, behind U.S. (18,984 Thousand Barrels Daily) and China (16,577 Thousand Barrels Daily). It accounts for 1.1% of the global total in 2023.
Full series
Complete annual series with year-on-year change. Values are reported in Thousand Barrels Daily.
Scroll the table sideways to see all columns.
| Year | Thousand Barrels Daily | Change vs prior year |
|---|---|---|
| 2023 | 1,056 | +5.7% |
| 2022 | 999 | +6.2% |
| 2021 | 941 | +2.8% |
| 2020 Trough | 915 | −14% |
| 2019 | 1,064 | −1% |
| 2018Peak | 1,075 | +1.2% |
| 2017 | 1,062 | +4.5% |
| 2016 | 1,016 | +0.1% |
| 2015 | 1,015 | — |
Regional context
Oil Consumption by country, 2023, Thousand Barrels Daily. Australia is highlighted.
Data definition
Oil Consumption — - Oil Consumption refers to the total amount of petroleum products used within a country during a given year for energy and non-energy purposes. It is typically measured in thousand barrels per day (kb/d) and represents the demand for oil-based fuels and products across the economy. The indicator includes the use of refined petroleum products such as gasoline, diesel, jet fuel, kerosene, fuel oil, and other oil-derived products consumed by transportation, industry, power generation, residential, commercial, and other sectors. Oil Consumption is a key measure of a country’s energy demand, economic activity, transportation intensity, and dependence on petroleum resources.
The data includes the domestic consumption of major petroleum products, including gasoline, diesel, jet fuel, kerosene, fuel oil, liquefied petroleum gas (LPG), and other refined oil products used across transportation, industrial, residential, commercial, agricultural, and power generation sectors. It covers both energy-related use and certain non-energy uses of petroleum products, such as feedstocks for petrochemical manufacturing where included in national energy balances. The indicator reflects total petroleum demand within a country regardless of whether the oil is produced domestically or imported. Data is compiled from national energy statistics, refinery reports, trade data, and standardized international energy databases, enabling consistent comparison of oil consumption trends across countries and over time.
The data excludes crude oil production, crude oil reserves, refinery throughput, and petroleum exports. It does not include consumption of natural gas, coal, nuclear energy, electricity, or renewable energy sources unless they are derived from petroleum products. The indicator excludes upstream oil extraction activities and does not directly measure fuel efficiency, carbon emissions, energy affordability, or the quality of energy services. Inventory changes, strategic petroleum reserves, and stock movements may be treated separately depending on the reporting methodology. Minor variations may occur due to differences in national accounting practices, product classifications, and estimation methods used across countries.
Oil Consumption — - Oil Consumption refers to the total amount of petroleum products used within a country during a given year for energy and non-energy purposes. It is typically measured in thousand barrels per day (kb/d) and represents the demand for oil-based fuels and products across the economy. The indicator includes the use of refined petroleum products such as gasoline, diesel, jet fuel, kerosene, fuel oil, and other oil-derived products consumed by transportation, industry, power generation, residential, commercial, and other sectors. Oil Consumption is a key measure of a country’s energy demand, economic activity, transportation intensity, and dependence on petroleum resources.
Measured in thousand barrels daily, the dataset serves as an important indicator of energy demand, transportation fuel consumption, industrial activity, and the performance of Australia's oil market. It enables assessment of long-term consumption patterns, market dynamics, and changes in petroleum demand across major consuming sectors, supporting analysis of the country's evolving energy landscape and economic activity.
Australia's oil consumption remained relatively stable during the review period, increasing from 1,015 thousand barrels daily in 2015 to 1,016 thousand in 2016, 1,062 thousand in 2017, and reaching 1,075 thousand barrels daily in 2018, the highest level before the pandemic. Consumption eased slightly to 1,064 thousand barrels daily in 2019 before declining to 915 thousand barrels daily in 2020, reflecting reduced transportation activity and broader economic disruptions. Demand recovered to 941 thousand barrels daily in 2021, increased to 999 thousand in 2022, and reached 1,056 thousand barrels daily in 2023, approaching pre-pandemic levels. The overall trend reflects resilient domestic petroleum demand supported by economic recovery.
Overall, the dataset indicates relatively stable long-term oil consumption with a temporary decline during 2020 followed by sustained recovery. The improvement recorded between 2021 and 2023 highlights strengthening transportation demand, industrial activity, and economic growth across the country. The dataset serves as a valuable resource for monitoring oil consumption trends, evaluating energy demand, supporting market analysis, forecasting future petroleum consumption, and enabling policymakers, researchers, investors, and industry stakeholders to develop informed energy policies, infrastructure strategies, and long-term investment decisions.
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Definition- Oil Consumption refers to the total amount of petroleum products used within a country during a given year for energy and non-energy purposes. It is typically measured in thousand barrels per day (kb/d) and represents the demand for oil-based fuels and products across the economy. The indicator includes the use of refined petroleum products such as gasoline, diesel, jet fuel, kerosene, fuel oil, and other oil-derived products consumed by transportation, industry, power generation, residential, commercial, and other sectors. Oil Consumption is a key measure of a country’s energy demand, economic activity, transportation intensity, and dependence on petroleum resources.
Australia Oil Consumption was 1,056 Thousand Barrels Daily in 2023, up 5.7% on 2022.
Australia Oil Consumption moved from 1,015 Thousand Barrels Daily in 2015 to 1,056 Thousand Barrels Daily in 2023 (+4%), an average of +0.5% a year. The series high was 1,075 Thousand Barrels Daily in 2018 and the low 915 Thousand Barrels Daily in 2020.
The highest value was 1,075 Thousand Barrels Daily in 2018 and the lowest was 915 Thousand Barrels Daily in 2020.
Included: The data includes the domestic consumption of major petroleum products, including gasoline, diesel, jet fuel, kerosene, fuel oil, liquefied petroleum gas (LPG), and other refined oil products used across transportation, industrial, residential, commercial, agricultural, and power generation sectors. It covers both energy-related use and certain non-energy uses of petroleum products, such as feedstocks for petrochemical manufacturing where included in national energy balances. The indicator reflects total petroleum demand within a country regardless of whether the oil is produced domestically or imported. Data is compiled from national energy statistics, refinery reports, trade data, and standardized international energy databases, enabling consistent comparison of oil consumption trends across countries and over time. Excluded: The data excludes crude oil production, crude oil reserves, refinery throughput, and petroleum exports. It does not include consumption of natural gas, coal, nuclear energy, electricity, or renewable energy sources unless they are derived from petroleum products. The indicator excludes upstream oil extraction activities and does not directly measure fuel efficiency, carbon emissions, energy affordability, or the quality of energy services. Inventory changes, strategic petroleum reserves, and stock movements may be treated separately depending on the reporting methodology. Minor variations may occur due to differences in national accounting practices, product classifications, and estimation methods used across countries.
The series is sourced from energyinst.org (https://www.energyinst.org/__data/assets/pdf_file/0006/1542714/684_EI_Stat_Review_V16_DIGITAL.pdf). It covers 2015–2023 and is reported in Thousand Barrels Daily.
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