The consumption of oil and gas increases annually. In 2019 the share of oil was 33.1% and that of gas a 24.2% in the entire world energy consumption. During the first period of the COVID-19 coronavirus pandemic, oil markets crashed and oil prices were governed by the number of world infection cases; the more people were infected, the less the oil prices were. However, after April 2020 the usual peculiarities started to restore. It is forecasted that, at least until 2040, the share of hydrocarbons in world energy consumption will remain stable, if not increase. Energy security and energy...
The consumption of oil and gas increases annually. In 2019 the share of oil was 33.1% and that of gas a 24.2% in the entire world energy consumption. ...