I have never used it. However, it is rated API SM, so as long as it is a 5W-30 it would be fine.
I don't think any oil you use is going to change your oil consumption, that is the sort of claim that the snake oil salespeople make.
I don't believe your indicated fuel consumption change is related to the oil (unless it isn't 5W-30). More than likely related to fuel variation, alcohol content, summer/winter blends, etc.
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2007 X3 3.0si, 6 MT, Premium, White
Retired:
2008 535i, 6 MT, M Sport, Premium, Space Grey
2003 X5 3.0 Steptronic, Premium, Titanium Silver
2002 325xi 5 MT, Steel Grey
2004 Z4 3.0 Premium, Sport, SMG, Maldives Blue
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