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Oil

Infographic: Global fuel revival edges nearer to full health

Commodities | Energy | Natural Gas | Oil | Refined Products | Gasoline | Metals | Steel | Shipping | Tankers

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Infographic: Global fuel revival edges nearer to full health

Despite growing concern over the spread of the COVID-19 Delta variant, key oil-based fuels are edging closer to pre-pandemic levels as the global economy reopens.

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While jet fuel demand is struggling back amid global travel curbs, gasoline and diesel sales have seen a sharp rebound. Strong power sector demand and a resilient shipping market have already propelled heavy fuel oil demand to a full recovery.

The uneven fuel demand recovery is forcing some refiners to target more profitable barrels and adjust their crude slates to match.

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Infographic: Global fuel revival edges nearer to full health