World's top 10 consumers of oil

World's top 10 consumers of oil

Oil, or black gold, is the single most important commodity in the world today.

Scientists say that the world's oil reserves could run dry over the next 30 to 50 years, crippling the world's economy. Which means that new oil reserves will have to be found, or alternative sources of energy will have to be developed, or the consumption of oil will have to drastically reduced.

The globe uses up almost 82 million barrels of oil every day, or 30 billion barrels per year, and the consumption is constantly growing by the day, with economies like India and China growing at breakneck speed.
So which are the world's largest users of petroleum? Read on to find out the top 10 consumers of oil. . .

1. United States
The United States of America is the single largest consumer of oil.
It uses as much as 20.73 million barrels per day!
2. China
A fast growing China is the world's second largest user of oil.
The world's most populous nation uses 6.534 million barrels per day.
3. Japan
Japan is the third largest consumer of oil.
The Asian nation consumes 5.578 million barrels per day.
4. Germany
Germany is the fourth biggest consumer of oil in the world.
It uses 2.650 million barrels per day.
5. Russia
Russia is the fifth largest consumer of oil.
It uses 2.500 million barrels per day.
6. India
India is the sixth largest consumer of oil.
It burns up 2.450 million barrels per day.
7. Canada
Canada is the world's seventh largest consumer of oil.
It uses 2.294 million barrels per day.
8. South Korea
South Korea is the world's eighth largest consumer of oil.
It uses up 2.149 million barrels of oil per day.
9. Brazil
Brazil is the ninth largest user of oil.
It guzzles 2.100 million barrels per day.
10. France
France is the world's tenth largest consumer of oil.
It devours 1.970 million barrels per day.
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Source: Rediff