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dollars. US with a further fall to $ 30. US $ per barrel (Brent) in early
2016 Among the main factors behind such changes in pricing in the
oil market include: pressure on the market for growing shale oil
extraction in the United States and its exports, slowing down demand

for oil in developed countries and China, OPEC's refusal from
reduction of quotas for oil production, as well as relevant trade and
political actions.

In recent years, with the backdrop of insignificant economic
growth in developed countries (eg Japan, Republic of Korea,
Germany, Great Britain, France, Italy, Spain), demand for
hydrocarbon fuels in developing countries has increased, especially in

China and India.

Table 3.1. World Dynamics of Primary Energy Consumption by

Region, mln. T. (Source: MEA, British Petroleum)

Region name 202 1
1980 р. 20 20 201 20 0 р. 980-
Countries of the OECD (Organization for Economic Cooperation and Development)
Mon America - 2 2 278 2 2
USA 1 802 695 2 620 2 6,7 226 780 2 787 2 2 0,5 %

Asia and Oceania 464 270 8 160 850 5,8 – 285 90 64 912 0,4 %
Japan 345 5 472 474 49 490
Total 4 067 5 5 – 5 5
Countries outside the OECD
Mon Europe /
1 242 1 1 – 1 1
Eurasia
н. д. 62 64 699 71 744
N 1 066 2 3 – 4 5
Federation 603 1 2 285 3 3
Asia 208 46 66 595 81 945
China 114 36 58 – 70 775
India 274 50 66 – 73 790
Middle East 114 18 23 284 30 336
Africa 2 981 4 6 719 8 8

Brazil 7 219 10 12 127 13 14
Total
н. д. 1 1 167 1 1

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