HONG KONG (Bloomberg): Asia’s uneven oil demand recovery has been headlined by China and India, but the Covid-19 comeback that’s swept through other key fuel-consuming nations is complicating a return to pre-pandemic levels.
Analysis: Global fuel prices jump as Asia, U S to rev up demand in 2Q hydrocarbonprocessing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hydrocarbonprocessing.com Daily Mail and Mail on Sunday newspapers.
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SINGAPORE/NEW YORK/LONDON (Reuters) - Global oil and fuel prices are picking up as demand returns to pre-pandemic levels amid easing coronavirus lockdowns in key countries like China and India and signs of increasing road travel in several countries.
FILE PHOTO: FILE PHOTO: A gas pump at an Arco gas station in San Diego, California, U.S. July 11, 2018. REUTERS/Mike Blake/File Photo/File Photo/File Photo
Gasoline prices in Asia, Europe and the United States all scaled 1-year highs this week, while benchmark global crude oil Brent futures topped $60 per barrel for the first time in a year.