A statistics report on world energy consumption published by BP on Wednesday said that global oil consumption in 2004 hit a record high since 1976, with oil consumption increasing nearly 2.5 million barrels per day...

Meanwhile, global oil output for the first time surpassed 80 million bpd, and that of the Oil Producing and Exporting Countries (OPEC) increased by 2.2 million bpd to reach 32.9 million bpd....

The oil production of Saudi Arabia reached 10.6 million bpd last year, a record high, while that of Britain and the United States, dropped 230,000 bpd and 160,000 bdp respectively.