Jet fuel demand outlook sours after fleeting market optimism


For a faint moment, energy traders had an inkling that demand for jet fuel, the worst-hit product in fuel markets due to the coronavirus pandemic, might stage a bit of a rebound. The number of flights increased in the United States in early July, making some traders optimistic.

That spurred a bevy of shipments of jet fuel to the US West Coast from locales in Asia. But with a resurgence in coronavirus cases, passenger air traffic has pulled back. Commercial aviation was easily the hardest-hit of the major transport sectors when.....

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