International aviation restrictions are still preventing jet fuel from recovering as fast as other oil products, a Rystad Energy analysis reveals. Most of the demand destruction seen in road fuels since the outbreak of the pandemic has now been reversed, and jet fuel has thus become by far the top laggard that is keeping total oil demand from recovering to pre-Covid-19 levels.
Asian jet fuel demand in particular just slipped to below European levels for the first time since July 2010, a stunning setback as it had been about 50% ahead in January…Asia Sees Stunning Setback In Jet Fuel Demand
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