Weekend driving in US, China pave way for gasoline market recovery


Source: malaymail.com malaymail.com

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Weekend driving in US, China pave way for gasoline market recovery 07:42 AM MYT Fuel consumption worldwide is due to increase about 6 per cent this year from 2020 to 97.7 million barrels per day, US Energy Information Administration data forecast. — Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. NEW YORK, April 27 ― Motorists taking weekend trips have helped boost gasoline demand in the United States, China and the United Kingdom, but the recovery has been crimped by rising coronavirus infection rates elsewhere, particularly India. Road fuel use is...