Global oil consumption last year grew faster than oil production, BP PLC said in its annual snapshot of world energy statistics. The BP Statistical Review of Energy, unveiled Monday morning at a Moscow conference, found that world-wide, oil consumption grew 1.4%, or 1.4 million barrels a day, which is slightly above the historical average. But oil production grew by just .6%, or 560,000 barrels a day. The imbalance points to several big trends in the industry in recent years. The shale boom has boosted production in the U.S., BP said, largely offsetting disruptions elsewhere in the world. As a result, said Christof Rühl, BP’s chief economist, […]