Global oil demand roared back in 2021, with gasoline and diesel use surging as consumers resumed travel and business activity recovered amid the coronavirus pandemic. Indeed, the International Energy Agency has noted mobility indicators remain robust even as Covid-19 is once again causing record infections.
It marks a dramatic shift from 2020 when the oil and gas industry endured a dreadful 12 months by virtually every measure.
Energy majors are seeking to reassure investors they hav...