A very slow recovery in jet fuel demand will drag on global oil demand for at least another two years as overall passenger traffic numbers continue to be low and mandatory quarantines continue to stop people from traveling on international flights. Demand for gasoline has picked up from the lows in April when most of the world was under lockdown, but demand for jet fuel continues to languish and is expected to grow only marginally next year from a very low base in 2020, analysts and international agencies say. A full recovery in jet fuel demand will probably have to wait until 2023, Bank of America (BofA) said in a recent commodities research report cited by The National . The third quarter of 2021 will see the first meaningful rebound in jet fuel demand, before global demand returns to the pre-crisis level of around 8 million barrels per day […]