Oil might just fly

Air travel data bodes well for oil demand, lifting COVID-19 gloom

Steve Sutherlin

Petroleum News

Relative to gasoline demand, flat jet fuel demand has been a drag on oil price improvements from COVID-19 induced lows, but it may now be lifting off. Analysts have attributed a sharp oil price rebound to lowered inventories and a looming hurricane, but the aviation situation may be adding to the op....

    [additional news subjects in this story]

Domestic freight sees growth