Global oil market

As global commodities, oil and petroleum products (including gasoline and diesel) are subject to the price swings in free markets and can be influenced by perceptions about future supply and demand. 

• ExxonMobil is the largest non-government owned company in the energy industry — yet we produce only about 3 percent of the world's oil and less than 2 percent of the world's energy.
• Alongside initial signs of economic recovery, global liquid fuels consumption rose to approximately 85 million barrels per day in the first half of 2010, more than 1 million barrels per day higher than the first half of 2009.
• ExxonMobil is a net buyer of crude oil and in 2009 refined about 5.4 million barrels per day, more than twice the company's daily crude oil production.
• In the first half of 2010 U.S. liquid fuels consumption increased to 18.9 million barrels per day, compared to the 2009 average of 18.7 million barrels per day.  
• From April through June 2010, the WTI crude oil price averaged roughly $78 per barrel.