Oil throws weight around

CRUDE'S biggest decline ever in dollar terms last year allowed oil to gain an increased market share for the first time since 1999, but global energy markets are in a state of flux with the days of double-digit Chinese economic growth now firmly in the rear-view mirror, BP said yesterday in its annual Statistical Review.

Oil throws weight around Oil throws weight around Oil throws weight around Oil throws weight around Oil throws weight around

Oil's gain in market share increased its dominance as the world's leading fuel, accounting for 32.9% of global energy consumption, prompted by the largest percentage decline in price since 1986.

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