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Sluggish air travel demand could weaken oil prices in 2021

Posted

November 10, 2020

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Air travel in the U.S. has stalled at 60 percent of precoronavirus 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 resultweaker demand for jet fuel could lead to lower prices worldwide. Insights via @cmegroup

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Sluggish air travel demand could weaken oil prices in 2021 · Bloomberg Television · Sentinel