Gasoline, distillate, and jet fuel demand lag behind pre-COVID averages.
Five years post-COVID emergency, gasoline, distillate, and jet fuel demand are still below pre-pandemic levels. Factors such as improved fuel efficiency in vehicles and aircraft, along with a shift towards biomass-based distillate fuels, contribute to this decline in petroleum demand.
ENR Rating: 75/100 | Sentiment: -0.2
Sectors: oil, gas, renewables
Regions: US