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 million barrels daily, the dataset serves as an important indicator of energy demand, transportation fuel consumption, industrial activity, and the performance of India'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 expanding economy and evolving energy landscape.
India's oil consumption increased steadily from 4.18 million barrels daily in 2015 to 4.57 million in 2016, 4.75 million in 2017, 5.00 million in 2018, and 5.18 million in 2019. Demand declined to 4.74 million barrels daily in 2020, reflecting temporary economic disruptions and lower transportation activity. Consumption recovered to 4.84 million barrels daily in 2021, increased to 5.21 million in 2022, and reached 5.45 million barrels daily in 2023, the highest level during the review period. The sustained increase reflects expanding industrial production, rapid urbanization, rising vehicle ownership, and growing energy demand across residential, commercial, and transportation sectors.
Overall, the dataset demonstrates consistent long-term growth in India's oil consumption, with only a temporary decline during 2020. The rapid recovery and record consumption levels achieved in 2022 and 2023 highlight resilient domestic petroleum demand supported by strong economic growth, infrastructure expansion, and increasing mobility. 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.