Demand for transport fuels such as jet fuel and gasoline in 2020 will dive by 26% and 11% respectively exacerbated by heavy containment measures caused by the coronavirus pandemic, the International Energy Agency said Wednesday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Jet fuel demand will average 5.93 million b/d in 2020 compared with 8 million b/d last year as the aviation sector is battered by the pandemic, the IEA said in its latest monthly oil market report. The situation is expected to peak in April, when jet fuel demand will fall by 4.6 million b/d or 60%, a historic record, it added. Total oil demand in 2020 […]

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