Asia, Americas mobility 2% below pre-COVID levels Major European economies still lag as restrictions tighten US gasoline demand exceeds pre-Covid level Oil demand markers in most of the world’s biggest oil consuming countries outside Europe continued to hit post-pandemic highs in the week to Dec. 12, despite ongoing concerns over the impact of the omicron variant of COVID-19 on global growth. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Mobility indicators in major Asia and Americas oil-consuming countries improved to within just 2% of pre-COVID-19 levels in the week, according to adjusted data from Google, the highest since the pandemic devastated global oil demand in early 2020. In the US, the world’s biggest oil consumer, mobility dipped slightly while activity rose in Brazil, India and Mexico over the week, according to the data which tracks mobile phone activity is a proxy for oil demand. […]