After a year of getting pummeled by the coronavirus, U.S. oil demand is bouncing back — and this time it looks like it’s here to stay. Retail gasoline sales rose last week to just 1% below year-ago levels, just before regional lockdowns brought fuel consumption to a crawl, Patrick DeHaan, head of petroleum analysis at GasBuddy said on Twitter. Gasoline’s recovery comes on top of a diesel rebound that started last fall as consumers began to rely on home-delivery services like Amazon.com Inc. more than ever. Even jet fuel is looking up with newly vaccinated passengers eager to fly after a year of restrictions. With new coronavirus infections falling to a record low last week and vaccination efforts ramping up, this […]

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