How many barrels of oil are produced and consumed a day?
For 2016, the IEA Oil Market Report forecasts worldwide average demand of nearly 96 million barrels of oil and liquid fuels per day – that works out to more than 35 billion barrels a year. Production breached 97 million barrels per day (mb/d) in late 2015, and Medium-Term Oil Market Report 2016 foresees demand crossing the 100 mb/d threshold towards the end of its five-year outlook period.
https://www.iea.org/about/faqs/oil/
https://www.eia.gov/outlooks/steo/report/global_oil.cfm
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