As lockdowns eased in May, gasoline demand increased and jet fuel continued to fall

The U.S. Energy Information Administration’s (EIA) data show that demand (measured by EIA as product supplied) for motor gasoline increased in May as many states began to relax stay—at—home orders, but demand for jet fuel continued to decline because of reduced commercial air travel. EIA’s July Petroleum Supply Monthly (PSM), which includes data through May 2020, shows how crude oil and petroleum product markets continue to be affected by the measures taken to mitigate the spread of coronavirus. Read more As lockdowns eased in May, gasoline demand increased and jet fuel continued to fall

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Source: CTRM Center

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