Fuel inventory refers to the amount of fuel that is stored or kept on hand for various purposes, such as for use in vehicles, power generation, heating, or other applications. The inventory can include various types of fuels, such as gasoline, diesel, propane, and others, and is typically managed by businesses, government agencies, or other organizations to ensure a steady supply of fuel is available for their needs.


Fuel consumption around the world in 2022 was heavily influenced by the ongoing COVID-19 pandemic. As countries implemented lockdowns and travel restrictions, the demand for transportation fuels such as gasoline and diesel decreased significantly. However, the increase in remote work and online shopping led to a rise in demand for home heating fuels like propane and natural gas.


In the aviation industry, fuel consumption was also significantly impacted by the reduction in air travel. According to the International Air Transport Association (IATA), global air passenger traffic was down by 66% in 2020 compared to the previous year. This resulted in a reduction in jet fuel consumption, which is a major component of airlines' operating costs.



The power generation sector was also affected by the pandemic, as lockdowns resulted in lower electricity demand. However, many countries continued to invest in renewable energy sources such as wind and solar power, which reduced the need for fossil fuels such as coal and natural gas.


In the shipping industry, fuel consumption was also impacted by the pandemic. The decrease in global trade resulted in lower demand for bunker fuel, which is used to power ships. However, the shipping industry has been working to reduce its carbon footprint and has been investing in more environmentally-friendly fuels such as liquefied natural gas (LNG) and biofuels.


Overall, the COVID-19 pandemic had a significant impact on fuel consumption around the world in 2022. However, the shift towards more sustainable and renewable energy sources is expected to continue, even as the world recovers from the pandemic.