Demand for road fuel is increasing in Brazil and Mexico. (Bloomberg) — Brazil and Mexico are beginning to emerge from the pandemic and that’s boosting demand for road fuel in economies that buy more U.S. gasoline and diesel than any other foreign nation. Even with both countries still struggling with high Covid-19 infection rates, government leaders are taking steps to reopen and that is driving more economic activity. Road use in Brazil has been climbing with restaurants and gyms in the country’s most populous state allowed to operate during extended hours from July 1. In Mexico, students in the capital returning to in-person classes this month and soccer stadiums and movie theaters are open at half capacity. “We are definitely on a path to recovery in the region,” said Suzanne Danforth, an analyst with Wood Mackenzie Ltd. “It’s an uneven recovery between Mexico and Brazil, but still both are […]