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Weekend driving in U.S., China pave way for gasoline market recovery | Hellenic Shipping News Worldwide

Weekend driving in U.S., China pave way for gasoline market recovery | Hellenic Shipping News Worldwide
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Weekend driving in U.S., China pave way for gasoline market recovery

Weekend driving in U.S., China pave way for gasoline market recovery
Reuters
2 hrs ago
By Stephanie Kelly, Muyu Xu and Bozorgmehr Sharafedin
© Reuters/EDUARDO MUNOZ
Cars drive along the NJ 495 route while road work signs are seen on the roadside, in Union City
By Stephanie Kelly, Muyu Xu and Bozorgmehr Sharafedin
(Reuters) - Motorists taking weekend trips have helped boost gasoline demand in the United States, China and the United Kingdom, but the recovery has been crimped by rising coronavirus infection rates elsewhere, particularly India.
Road fuel use is crucial to the global oil market s recovery from more than a year of demand destruction during the pandemic. Fuel consumption worldwide is due to increase about 6% this year from 2020 to 97.7 million barrels per day, U.S. Energy Information Administration data forecast. ....

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Weekend car travel boosting gasoline demand in U.S., China and Britain

Weekend car travel boosting gasoline demand in U.S., China and Britain
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Weekend driving in U.S., China pave way for gasoline market recovery

Weekend driving in U.S., China pave way for gasoline market recovery
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Weekend driving in U.S., China pave way for gasoline market recovery

Weekend driving in U.S., China pave way for gasoline market recovery
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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