EU oil and crude oil consumption hits record low in 2020

The European Union's statistics office said on February 21 that coronavirus restrictions in 2020 have brought the European Union's oil and crude oil consumption to the lowest level in 30 years

Final consumption of oil and crude products in the region recorded its largest ever decline, falling by around 10% in just one year to 310 million tonnes of oil equivalent (Mtoe), Eurostat said

In March 2020, governments across the European Union began restricting people's movements to curb the spread of the virus, leading to a sharp drop in the consumption of transport fuels such as diesel and gasoline

The use of kerosene-based jet fuel in aviation reached an absolute high of 48.

In terms of energy and non-energy use, Luxembourg saw the biggest decline in consumption of oil and crude oil products, down 21% from 2019

EU member states are increasingly turning to wind, solar and other clean energy sources to meet the EU’s goal of achieving net-zero emissions by 2050, while renewables will account for 22% of EU energy consumption by 2020