Global demand for oil products other than jet fuel made a full recovery to pre-crisis levels in the third quarter of this year, thanks to the strong recovery of oil demand outside the aviation sector, data and analytics company GlobalData said on Thursday. Global demand for kerosene, primarily used for jet fuel, has been at around two-thirds of pre-COVID levels throughout this year. Including kerosene demand, total oil product demand was 3 percent below pre-COVID levels in the third quarter, GlobalData said. Strong Chinese demand for gasoline, naphtha, and LPG has led the global recovery in oil demand so far this year, according to the analytics firm. “Other major economies are still yet to see demand fully recover to pre-COVID-19 levels, but the strength of China’s growth plugs the gap. Still, the depressed aviation sector means a significant global demand shortfall, leaving open the prospect that we may have […]