Oil Consumption by Country (2020) Examination of the oil consumption commitment of countries. Oil remains the lifeblood of any war effort today and drives many components of the modern military complex including aircraft, vehicles, warships, small arms, and general industry. Oil product consumption also grew by 2.5% in the United States (the largest consumer worldwide) mainly driven by industry demand. Oil product consumption barely increased in Russia (+0.5%) and slightly decreased in the European Union (-0.6%) as industry and transport demand remains flat. Note that the original data set does not consider all the countries of the world. For some countries, values are missing for a certain time period (e.g. for Russia/former UDSSR). "Production" includes crude oil, shale oil, oil sands and NLGs, "consumption" also includes fuel ethanol and biodiesel, refinery fuel and loss.