Sluggish air travel demand could weaken oil prices in 2021 - THEMARKETTRENDZ

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Monday, 9 November 2020

Sluggish air travel demand could weaken oil prices in 2021



Air travel in the U.S. has stalled at 60 percent of pre-coronavirus demand, a situation similar to much of the world. China is the exception, where the government's ability to better contain the virus helped improve air travel sooner. The result: weaker demand for jet fuel has led to lower prices worldwide. Insights via @CME Group: https://ift.tt/2S6nZyX Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm QUICKTAKE ON SOCIAL: Follow QuickTake on Twitter: twitter.com/quicktake Like QuickTake on Facebook: facebook.com/quicktake Follow QuickTake on Instagram: instagram.com/quicktake Subscribe to our newsletter: https://bit.ly/2FJ0oQZ Email us at quicktakenews@gmail.com QuickTake by Bloomberg is a global news network delivering up-to-the-minute analysis on the biggest news, trends and ideas for a new generation of leaders.
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