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US: oil consumption 2024 Statista
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World Oil Statistics - Worldometer
WebThe average price of WTI crude oil was $57 per barrel in 2024 compared to $64 in 2024. On 20 April 2024, WTI Crude futures contracts dropped below $0 for the first time in history, … WebDec 31, 2024 · Basic Info. US Oil Consumption is at a current level of 18.68M, up from 17.18M one year ago. This is a change of 8.74% from one year ago. US Oil Consumption measures the amount of barrels of Oil the United States consumes per year. This metric is important because it gives an idea of demand characteristics in the United States. WebThe pandemic resulted in decreased demand for oil, which played a significant role in the total amount of barrels drilled per day. As a result, the US experienced a decline in oil production from its record high of 13.1 million barrels per day in late 2024 to 10.7 million barrels per day in 2024. Despite the temporary dip in oil production due ... dhyas in marathi