Primary energy consumption fell by 4.5% in 2020, the largest decline since 1945, Bp's latest report said late Thursday.
Bp's Statistical Review of World Energy 2021 report reveals the drop in energy consumption was driven mainly by oil, which contributed almost three-quarters of the net decline, although natural gas and coal also saw significant declines.
As a result, carbon emissions from energy use fell by 6.3% to their lowest level since 2011, which also marked the largest decline since the end of World War II, the report said.
"By country, the US, India and Russia contributed the largest declines in energy consumption. China posted the largest increase of 2.1%, one of only a handful of countries where energy demand grew last year," the report said.
- Oil consumption
According to the report, global oil consumption fell by a record 9.1 million barrels per day (bpd), or 9.3%, to its lowest level since 2011.
Global oil production also shrank by 6.6 million bpd, with OPEC accounting for two-thirds of the decline.
By Gulsen Cagatay