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UPDATE 1-Fuel demand rises as schools open, commuters shun public transport


Traffic picked up in cities across the globe as the summer season ended and schools opened, giving a boost to fuel demand, but the prospect of recovery remained weak as many commuters still worked from home and vehicle sales were down. The reliance on isolated forms of travel including private cars seemed to be the main factor boosting demand, analysts and traders said, as most people avoided public transport for fear of the coronavirus. Road traffic in New York, London and Paris was on a slow but steady recovery, data provided to Reuters by location technology company TomTom showed.

Reuters UK - September 15, 2020

View the full story here: https://uk.reuters.com/article/global-oil-mobility/update-1-fuel-demand-rises-as-schools-open-commuters-shun-public-transport-idUKL8N2GC21S