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.....