Airline Slump Still Dogs Oil Demand ...Middle East

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Airline Slump Still Dogs Oil Demand
source : OILPRICE ( Middle East ) () 14
Oil prices may be ticking upward, but oil demand still isn’t getting any relief from jet fuel demand, according to the Energy Information Administration’s This Week in Petroleum report published on Wednesday. Could you ever have conceived of a holiday week in the United States where the airline industry would have burned through just half the amount of jet fuel that it used a year ago? According to the EIA, jet fuel demand from commercial passenger jets leaving U.S. airports over the 2020 Thanksgiving week was roughly 600,000 barrels…

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