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π΄ What countries are the biggest consumers of oil?
America, China and India are the biggest oil consumers in the world with 19.1, 16.4 and 5.6 million barrels per day respectively.
πΉ Iran ranks 11th with the consumption of about 2 million barrels per day in its oil refineries.
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Repost from Free_Platts
Since the beginning of the Iran war...
Price increase:
Sulfur: +57%
Jet fuel: +52%
Urea: +51%
Diesel: +48%
Gasoline: +36%
Chemical fertilizer: +35%
Heating oil: +32%
WTI crude oil: +28%
Brent crude oil: +26%
European natural gas: +21%
Coal: +12%
Palm oil: +10%
Iron Ore: +8%
Rice: +7%
S&P 500 Index: +4%
VIX index: -12%
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