The line graph illustrates the consumption of oil in four major regions – the United States, Western Europe and Japan, China, and the Middle East – between 2009 and 2030.
Overall, it is predicted that oil usage in the United States, Western Europe, and Japan will decline considerably over the period, whereas consumption in China and the Middle East will rise slightly. Despite these changes, the United States is expected to remain the dominant consumer throughout the 22-year period.
At the beginning of the period, oil demand in the US stood at just under 10 million barrels per day, the highest among all regions. This figure rose marginally until 2015, before declining sharply. By 2030, it is projected to fall to around 7.9 million barrels per day. Similarly, Western Europe and Japan started at approximately 4 million barrels daily, after which their oil consumption is expected to decrease steadily, reaching only 2 million barrels per day by the end of the period.
In contrast, both China and the Middle East began the period with about 2 million barrels per day. Their consumption increased gradually until around 2025, when China’s figure surpassed that of the Middle East. After a slight drop, both regions are predicted to stabilize at roughly similar levels by 2030 – around 3 million barrels in China and 3.5 million in the Middle East.