Demand for oil liquids in Europe dropped in 2020 following the coronavirus pandemic. As governments imposed mobility restrictions, the aviation industry was hit especially hard, with jet fuel demand falling by 60 percent in 2020 compared to 2019. With lockdown restrictions eased and air traffic recovering, it is expected that jet fuel demand in Europe will increase to 1.2 million barrels per day by 2022. However, this projection is still below pre-pandemic levels.
Oil liquids demand by fuel type in Europe from 2019 to 2020, with a forecast until 2022
(in million barrels per day)
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Rystad Energy. (April 16, 2021). Oil liquids demand by fuel type in Europe from 2019 to 2020, with a forecast until 2022 (in million barrels per day) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1242877/europe-oil-liquids-demand-by-fuel-type/
Rystad Energy. "Oil liquids demand by fuel type in Europe from 2019 to 2020, with a forecast until 2022 (in million barrels per day)." Chart. April 16, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1242877/europe-oil-liquids-demand-by-fuel-type/
Rystad Energy. (2021). Oil liquids demand by fuel type in Europe from 2019 to 2020, with a forecast until 2022 (in million barrels per day). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1242877/europe-oil-liquids-demand-by-fuel-type/
Rystad Energy. "Oil Liquids Demand by Fuel Type in Europe from 2019 to 2020, with a Forecast until 2022 (in Million Barrels per Day)." Statista, Statista Inc., 16 Apr 2021, https://www.statista.com/statistics/1242877/europe-oil-liquids-demand-by-fuel-type/
Rystad Energy, Oil liquids demand by fuel type in Europe from 2019 to 2020, with a forecast until 2022 (in million barrels per day) Statista, https://www.statista.com/statistics/1242877/europe-oil-liquids-demand-by-fuel-type/ (last visited August 25, 2024)
Oil liquids demand by fuel type in Europe from 2019 to 2020, with a forecast until 2022 (in million barrels per day) [Graph], Rystad Energy, April 16, 2021. [Online]. Available: https://www.statista.com/statistics/1242877/europe-oil-liquids-demand-by-fuel-type/