Featured Gas Oil‘Oil demand decreased by 10m bpd in 2020, to rebound by 6m bpd this year’Emeka UgwuanyiFebruary 18, 2021 by Emeka UgwuanyiFebruary 18, 20210314 The global economic devastations caused by COVID-19 pandemic led to the shrinking of oil demand by between nine and 10 million barrels per day (bpd)
