The IEA forecasts that global energy demand will increase by 4.6% in 2021, more than offsetting the 4% contraction in 2020 and pushing demand 0.5% above 2019 levels.

“The accelerating rollouts of Covid-19 vaccinations in many major economies and widespread fiscal responses to the economic crisis are boosting the outlook for economic growth and leading to a rebound in energy demand in 2021,” the IEA says in its Global Energy Review 2021, released 21 April. (CONTINUED - 434 WORDS)