In 1996, when Upstream published its first edition, worldwide oil consumption topped 70 million barrels per day for the first time.

Other than a couple of significant but short-lived dips, the trajectory has been one of inexorable increase, topping at around 100 million barrels per day in 2019.

Economic recovery is expected to return demand to an average 97.5 million bpd this year and back above 100 million bpd in 2022, according to the US Energy Information Administration.