European Commission may ease air travel restrictions RBOB cracks climb amid Bayway FCC shutdown US dollar tests eight-session high Crude oil futures on May 4 settled at the highest since mid-March as improved demand outlooks in Europe, the US and China overshadowed the downside impacts of regional pandemic lockdowns. June NYMEX WTI settled $1.20 higher at $65.69/b, and July ICE Brent was up $1.32 at $68.88/b. It was the highest front-month settle for WTI since March 11, while Brent futures were last higher March 12. The European Commission is considering allowing non-essential flights from outside its member state territory for travelers vaccinated against COVID-19 amid hope of firming demand in the jet fuel market as holiday season looms. The commission is proposing member states allow people who have received an EU-approved vaccine to enter […]