Driving activity in Germany, Europe’s biggest economy, has rebounded to pre-COVID levels as lockdowns ease but remains below year-ago levels and questions still hang over the pace of oil demand recovery. Receive daily email alerts, subscriber notes & personalize your experience. Register Now German direction routing activity, a proxy for road fuel demand, stood 2% above January 13, 2020 levels on May 26, according to the latest Apple mobility data. Europe’s biggest fuel market began easing lockdown restrictions in mid-April and traffic activity first surpassed pre-pandemic levels on May 20 after hitting a lockdown low of 38% on March 21, the data shows. But while mobility activity has returned to mid-winter levels, road traffic during weekdays still remains below year-ago levels when seasonal […]