Oil Is Back In Demand As Drivers Return To The Roads

From China and Spain to the United States, people are gradually returning to driving their cars as countries and U.S. states re-open for business. People feel safer commuting in their own vehicles than they do using public transportation as social distancing is still on their minds despite the re-opening of economies. The uptick in commuter driving and expectations of increased road trips at the expense of flying for vacations this summer is set to support a gradual recovery of oil demand as gasoline demand has started to rise in all markets compared…