Oil Market Recovery Threatened By Weaker Fuel Demand

Oil Market Recovery Threatened By Weaker Fuel Demand

OilPrice.com

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Gasoline demand appears to be weakening in some parts of the United States, as the coronavirus continues to spread. The states hardest hit by the surging number of infections are also some of the largest, with tens of millions of drivers.  Much of the country continues to see a slight uptick in gasoline consumption. But in Arizona, Texas and Florida, where the coronavirus is raging, a growing number of people are staying home. Cases are rising in more than 30 states.  Gasoline demand in the U.S. climbed back to 8.6 million barrels…

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