A method of real-time oil consumption is disclosed. A method of real-time oil consumption detection may include capturing a raw oil quantity, calculating a corrected oil quantity, calculating a predicted oil quantity, calculating a prediction error, and calculating an estimated oil consumption rate. Raw oil quantity may be captured from an oil quantity sensor in an engine. Corrected oil quantity may be calculated by taking raw oil quantity and applying environmental and engine operational conditions. Prediction error may be calculated by finding the difference between corrected oil quantity and predicted oil quantity. Oil consumption rate may be calculated by applying a regression algorithm to prediction error.